39/120 Queens Rd, Slacks Creek is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 114m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 3 bedroom House sold in Slacks Creek in the last 12 months.
This 3-bedroom townhouse is your chance to secure an affordable property in a sought-after location. While the home shows signs of wear and would benefit from a little TLC, it presents an excellent opportunity for investors looking for reliable rental income or homeowners wanting a project.
Property Features:
*Spacious Living Areas: Open-plan dining with wood-look flooring throughout the ground level.
Added Convenience:
*Separate Laundry & Second Toilet: Extra amenities to simplify daily living.
*Security Screens Throughout: For added peace of mind.
Location Benefits:
*Minutes from the M1: Quick access to Brisbane CBD and the Gold Coast.
*Close to Essential Services: Nearby shopping villages, schools, hospitals, universities, and public transport options (buses and trains).
Investment Potential:
*Currently Tenanted: Long term tenants generating $420 per week in rental income, current lease ends on Jan 2025.
*Body Corporate Fees: Approximately $2,500 annually (including sinking fund and insurance).
*Rates: Around $1050 per quarter (including water).
This townhouse offers excellent value for investors or buyers with a vision to refresh the space. If you?re looking for a budget-friendly property with rental income and the opportunity to add value over time, this could be the one for you.
The size of Slacks Creek is approximately 8.5 square kilometres. It has 24 parks covering nearly 16.8% of total area. The population of Slacks Creek in 2016 was 10432 people. By 2021 the population was 10408 showing a population decline of 0.2% in the area during that time. The predominant age group in Slacks Creek is 30-39 years. Households in Slacks Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Slacks Creek work in a labourer occupation.In 2021, 53.50% of the homes in Slacks Creek were owner-occupied compared with 53.80% in 2016.
Slacks Creek has 4,877 properties. Over the last 5 years, Houses in Slacks Creek have seen a 142.44% increase in median value, while Units have seen a 191.52% increase. As at 31 October 2025:
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