149 Keona Rd, Mcdowall is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 17346m2.
A living and business environment that will tick all the boxes, with 79% of the income being securely derived from the caretaking salary. The current caretaker enjoying more than fifteen years of residence, however, she must now retire. There is room to grow the letting income within this residential complex. The Principle Committee oversees the common areas shared by the Apartments and Stand Alone Houses. Superb amenities and location viz: only 9km from the CBD; Prince Charles Hospital; walking distance to McDowall State School and only minutes to the North-side Christian College. This is an ideal complex to grow your Management Rights portfolio. The business is partnered with a comfortable and spacious 3 bedroom, 2 bathroom and double garage with a generous 24 square metre storage capacity. This is a home that you may choose to live in. You can expect a rental income from the manager's residence of $500 per week. All you have to do is inspect and see the benefits for yourself.
TOTAL NUMBER OF UNITS : 38
UNITS IN LETTING POOL : 8
The size of Mcdowall is approximately 4.2 square kilometres. It has 15 parks covering nearly 25.7% of total area. The population of Mcdowall in 2016 was 7237 people. By 2021 the population was 7612 showing a population growth of 5.2% in the area during that time. The predominant age group in Mcdowall is 40-49 years. Households in Mcdowall are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mcdowall work in a professional occupation.In 2021, 76.80% of the homes in Mcdowall were owner-occupied compared with 78.30% in 2016.
Mcdowall has 3,304 properties. Over the last 5 years, Houses in Mcdowall have seen a 86.74% increase in median value, while Units have seen a 102.49% increase. As at 31 October 2025:
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