37 Pendragon StreetRaceview QLD 4305
Property Details for 37 Pendragon St, Raceview
37 Pendragon St, Raceview is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 480m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (September 2019)
This three (3) year old and immaculately presented dual key residence is the perfect solution for two generations of family that want to live together but still have their own privacy. You can share the mortgage, which would be super affordable for two families, and one generation can live in the 3 bedroom, two bathroom side and the second generation can live in the two bedroom, one bathroom side of the residence. It is effectively two homes joined together but only on one title, so there is only one lot of rates that the family unit can share.
Alternatively, for those looking to downsize from their current larger family home to something smaller you could live in one side and have the space to park the retirement caravan or boat and then rent out the other side for additional income. This option would not only provide the peace of mind of ongoing income but it would also provide security for the home if you were away on extended holidays.
For all the investors out there, this incredible dual key investment offers an impressive $595.00 per week return (that s a 6.8% return) and you have the extra benefit that the units would never be empty at the same time as Unit 1 is tenanted until 26/02/20 and Unit 2 is tenanted until 11/11/19. You can buy it today and not miss a single days rent, you don t have to pay any let fees upfront and you are guaranteed maximum depreciation as the property is only three years old and still under full QBCC Builders Warranty for the next three years.
This stunning dual key property is super low maintenance with brick construction, colourbond roofing, full security, tiled halls and living areas as well as split system reverse cycle air conditioning for year round comfort to both the living areas and both the master bedrooms.
It just doesn t get any better than this! You don t have to go through the frustration off designing and building them. You can either just move in at the end of the tenancies to start enjoying all these benefits or you buy them today and have the current amazing tenants pay off this amazing investment home for you!
This amazing property is located on a level 480m2 block in ever popular Raceview so of course you have access to all the amenities associated with this suburb. These include the Raceview Shopping Centre, Booval Shopping Centre, Raceview Tavern and Brothers Leagues Club plus the Raceview State School, Bremer State High School, Bethany Lutheran private School and bus transport to all of Ipswich s other private primary and secondary schools.
You also have easy highway access to Brisbane via the Cunningham Highway or train transport via the Booval or Dinmore Train Stations.
There are way too many extras to list - so act now before someone else buys the perfect home for two families or savvy investors!
Most importantly, the owners have priced this exceptional dual key family residences realistically to sell quickly at offers over $429,000.
Listing agent: Steve Athanates
Don't be disappointed, call me now - I'm waiting for your call.
NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield and Toowoomba We ve got Ipswich covered!
Results Speak Louder Than Words
(Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or the agent.)
Property History for 37 Pendragon St, Raceview, QLD 4305
- 24 Mar 2023Sold for $650,000
- 20 Aug 2019Sold for $430,000
- 28 Jun 2019Listed for Sale Offers Over $429,000
Recent sales nearby
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0About Raceview 4305
The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2016 was 9721 people. By 2021 the population was 9699 showing a population decline of 0.2% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raceview work in a community and personal service occupation.In 2021, 57.00% of the homes in Raceview were owner-occupied compared with 53.00% in 2016.
Raceview has 4,527 properties. Over the last 5 years, Houses in Raceview have seen a 125.49% increase in median value, while Units have seen a 120.78% increase. As at 30 November 2025:
- The median value for Houses in Raceview is $802,560 while the median value for Units is $506,691.
- Houses have a median rent of $580 while Units have a median rent of $460.
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