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This property is situated in a modern and very popular section of Oxley that is close to retail and other services, public transport, sporting clubs and other facilities.
The home is a quality brick home with steel frame and colourbond roof. It has five large bedrooms, large living areas and high end finishes throughout. It offers a large pool and integrated outdoor entertainment areas, ducted air-conditioning and is fully landscaped.
The current tenant has rented this property for almost five years and pays $675 per week until September 2019.
The first recorded land sale in Oxley was 1851 and the now thriving suburb recorded a population of 7,291 people in the 2011 Census.
The suburb has benefited from both state and local government investment in landscaping, road developments and is well serviced by public transport, retail centres and sporting clubs. Oxley is located between 10.5 and 12.5 radial kilometres from the Brisbane CBD and is very well serviced by major road networks.
The suburb is increasingly popular with middle class families and there is regular renovation and redevelopment of residential properties throughout the suburb.
In 2018 the median house price was $580,000 which was a modest increase of 2.7% on the previous year. Significantly, the median price recorded an increase of 36.1% over the last ten years.
Oxley has proven to be popular with investors and the current median rent for all categories of houses is reported at $430 per week.
This quality property is well located and has a proven rental history. With the growth in property value demonstrated by Oxley over the last 10 years the astute investor will recognise this buying opportunity.
Method of Sale
For sale by Expressions of Interest’