Melton RoadNundah QLD 4012
Property Details for 1-5/110 Melton Rd, Nundah
1-5/110 Melton Rd, Nundah is a 7 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 810m2.
Last Listing description (January 2024)
Auction Location: ONSITE
Prime block of 5 units in a small complex to be sold at Auction in one line. Immaculately presented throughout with secure tenancies in place holding enormous future potential to capitalise in such a premium location. Ideally located to the heart of Nundah, a short stroll to train station and the village shops.
The property offers a great income generating prospect with returns of approx. $95,000 pa with the potential to increase revenue through renovation or further development to increase the number of apartments on the site (STCA). It also enjoys a prime location that's within close proximity to Nundah Village and Toombul shopping centre, airport and CBD.
? Entire boutique block of five apartments to be sold in one line
? Level 810sqm block zoned medium density residential
? Two * 2-bedroom apartments and three * 1-bedroom apartments over two levels
? Fresh and bright well presented interiors
* 5 garages and internal laundry's
? Currently rented for $95,000 per annum
* Rates per quarter ? $1,849.95
* Insurance per annum ? $3,333.00
* Water per quarter - $1,485.60
? Superb location a short stroll to Nundah village, train station
? Easy access to the airport and only 8km to CBD and so close to everything......
Close to the Cafes and Restaurants, easy access to the airport and train this property will tick all the boxes. Perfect for, self managed super fund or astute investor will realise the potential of this land rich property and future landbank opportunity. You will not be disappointed, sit back relax and enjoy the capital gain !! Don't miss out on this amazing opportunity with the owners instructions clear..........SELL at auction !!!
Property History for 1-5/110 Melton Rd, Nundah, QLD 4012
- 04 Aug 2023Listed for Sale AUCTION
Recent sales nearby
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0About Nundah 4012
The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2016 was 12141 people. By 2021 the population was 13098 showing a population growth of 7.9% in the area during that time. The predominant age group in Nundah is 30-39 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation.In 2021, 43.00% of the homes in Nundah were owner-occupied compared with 40.00% in 2016.
Nundah has 8,399 properties. Over the last 5 years, Houses in Nundah have seen a 53.98% increase in median value, while Units have seen a 122.36% increase. As at 31 December 2025:
- The median value for Houses in Nundah is $1,214,732 while the median value for Units is $819,695.
- Houses have a median rent of $630 while Units have a median rent of $600.
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