322/120 Melton RoadNundah QLD 4012
Property Details for 322/120 Melton Rd, Nundah
322/120 Melton Rd, Nundah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 74m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (March 2023)
This luxury third floor two bedroom built in 2015 is returning a very solid $390 p/w income with long term tenants already in place.
Body corp. fees approx. $42 p/w
Rates and water approx. $40 p/w
Rental return $390 p/w
Purchase price $380000.
Gross yield 5.33 *
Property description:
* 2 bedrooms both with mirrored built-Ins and shelves
* Main bathroom with laundry, separate powder room/toilet and 2nd bathroom cabinet.
* Split system aircon with hot/cold air to lounge dining and master bedroom
* Sliding door access from master bedroom and living area to front balcony
* Fans in both bedrooms
Modern kitchen with stone bench tops, stainless steel dishwasher, rangehood, ceramic cooktop and down lights
* Storage cupboard in hallway
* Intercom system
* Wired for TV and Foxtel in lounge and master bedroom.
* Wired for NBN high speed internet
* Secure car parking underground for one car and numerous visitor parks
* Secure lift access from car park and ground floor
* Security video monitoring throughout building
* Great onsite managers to protect and grow your investment
* Beautiful building entrance, stylish foyer, stunning pool and spa with huge outdoor bbq and entertainment area.
* Built 2015.
Please note pictures are of similar unit in style and colour scheme.
Walk to bus, trains, schools, shops, gym and gorgeous Nundah village with bars, cafes and specialty stores for tenant's convenience.
This is a must for your investment portfolio with a prime location and excellent presentation to complex, making this a must to act now.
* Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to Onsite Property and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite Property, its principal's, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.
Property History for 322/120 Melton Rd, Nundah, QLD 4012
- 15 Mar 2023Listed for Sale Not Disclosed
- 14 Aug 2018Listed for Rent $365 / week
- 03 Feb 2017Sold for $325,000
Recent sales nearby
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About Nundah 4012
The size of Nundah is approximately 3.9 square kilometres. There are 16 parks, covering nearly 17.5% of the 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 8,408 properties. Over the last 5 years, Houses in Nundah have seen a 83.57% increase in median value, while Units have seen a 137.40% increase. As at 30 April 2026:
- The median value for Houses in Nundah is $1,589,189 while the median value for Units is $890,447.
- Houses have a median rent of $750 while Units have a median rent of $625.
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