78/37 Mulgrave Road, Marsden, QLD 4132

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Sold for $230,000 (Oct 08, 2019)


Located in a well-run complex this is an incredible opportunity to buy into a quality townhouse that will provide a high yield for an investor or an excellent entry point into the market for the first home buyer in one of Brisbane’s rapidly growing areas. The property is only 4 years old and is in immaculate condition and being positioned at the end of the row, only has neighbours on one side. Currently occupied by long term tenants who have been in the property since it was purchased by the current owner, it offers an excellent and stable rental return. Situated halfway between Brisbane and the Gold Coast this address allows easy access to major highway and arterial roads and is a short distance to shops and transport.

- Modern & Well Appointed Kitchen with stainless steel appliances

- Air-conditioned and ceiling fans

- Spacious Master Bedroom with generous en-suite & balcony

- Built-ins to each bedroom and separate linen cupboard

- Covered Courtyard & fully fenced yard

- Internal garage access

- Well maintained complex with pool

This property represents exceptional value.

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Property Info:
  • Property ID: L655173
  • Property Type: Townhouse
  • Garages: 1
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R&H Suburb Profile: Marsden

R&H Suburb Summary Houses
Number of sales 177
Average Price $375,121
Median Price $365,000
Median Rental Price $370 p.w.
Change in Rental Rate (5yr) -3 %
R&H Suburb Summary Units
Number of sales 35
Average Price $316,343
Median Price $241,000
Median Rental Price $320 p.w.
Change in Rental Rate (5yr) -6 %
Marsden, QLD - Median Trend