15 Balmoral CloseMount Sheridan QLD 4868
Property Details for 15 Balmoral Cl, Mount Sheridan
15 Balmoral Cl, Mount Sheridan is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 1996.
Last Listing description (August 2023)
EXCELLENT INVESTMENT OPPORTUNITY.
The Phone Code for this property is: 19570. Please quote this number when phoning or texting.
A quality block of neat and tidy units located in the Cairns
southern corridor growth zone.
Providing an excellent return of $1,295.00 per week or $67,340.00 per year after scheduled increase due in the very near future.
Two detached two bedroom duplexes on one 1012 sq m title.
These four units are in a sought after area and have been consistently,
fully occupied.
Features include:
* A private entrance.
* Fully air conditioned with split systems, the several of which are still
under warranty.
* Spacious bedrooms.
* Open plan living.
* Built in cupboards.
* Shower/toilet.
* Internal laundries, individual external and internal wash lines.
* Fenced back yards.
* Concrete drive way.
* Lock up garage with roller door, as well as some off street parking.
* The rear unit is the largest and has double access via a rear lane, with a
sizeable back verandah and private garden and is fully fenced.
Ideal for the investor to live in and manage the complex.
* Attractive landscaped gardens are easy care.
* Located in a peaceful and quiet area only one block from the town centre,
and within walking distance to schools and beautiful parkland.
* The complex is in excellent condition and very well maintained.
NO BODY CORPORATE.
** ******************************
With NO body corporate fees and a very attractive return of 7.4% pa on an investment of $910,000.00 this opportunity provides an excellent income, with a future capital gain in popular and rapidly expanding growth area.
For further information please contact the private sellers.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 15 Balmoral Cl, Mount Sheridan, QLD 4868
- 30 Oct 2023Sold - Price Undisclosed
- 08 Jun 2023Listed for Sale Not Disclosed
- 19 Feb 2023Listed for Sale $910,000
Recent sales nearby
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About Mount Sheridan 4868
The size of Mount Sheridan is approximately 6.1 square kilometres. It has 22 parks covering nearly 19.0% of total area. The population of Mount Sheridan in 2016 was 8271 people. By 2021 the population was 8678 showing a population growth of 4.9% in the area during that time. The predominant age group in Mount Sheridan is 40-49 years. Households in Mount Sheridan are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Sheridan work in a professional occupation.In 2021, 71.50% of the homes in Mount Sheridan were owner-occupied compared with 68.30% in 2016.
Mount Sheridan has 3,679 properties. Over the last 5 years, Houses in Mount Sheridan have seen a 89.20% increase in median value, while Units have seen a 117.11% increase. As at 28 February 2026:
- The median value for Houses in Mount Sheridan is $765,060 while the median value for Units is $571,699.
- Houses have a median rent of $650.
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