2/26 Lorraine Court
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About this property
'Janice Close' a complex of just three delightful units, ideally positioned in a quiet cul-de-sac only a short stroll to Gillham's Park. Convenience is at your doorstep, with the tavern, supermarkets, butcher, bakery, medical centre and chemist all within easy distance. Unit 2 presents as an outstanding investment opportunity, currently tenanted by an exceptional long-term occupant who takes immaculate care of the property. The lease is secured at $420 per week until 27 November 2026, with a projected rental increase of approximately $470 - $550 per week, offering strong future returns. Set in a tightly held complex where two of the three units are privately owned, this well-presented property offers investors a low-maintenance, set-and-forget opportunity in a highly convenient location. Features include: • 2 air-conditioned bedrooms with built-in wardrobes • Air-conditioned living area • Good kitchen • Security screens on all doors and windows • Single lock-up tiled garage • Low Body Corporate fees: $50 p.w. The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 88 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Andergrove
This 2-bedroom house in Andergrove, QLD 4740 sits within reach of public transport, local shops and nearby schools. It is listed 41% below the $699,000 median of 66 comparable houseswithin 5 km.
Schools near Andergrove
- Andergrove State Schoolprimary · Prep-6 · CoEd
- MacKillop Catholic Primary Schoolprimary · Prep-6 · CoEd
- Pioneer State High Schoolsecondary · 7-12 · CoEd
What's nearby
- Unnamed (bus) — 809 m away
- Coles — 656 m away
- Unnamed — 505 m away
- Unnamed — 572 m away
- Inglewood Close Park — 899 m away
Andergrove at a glance
Full suburb profile- Population
- 9,924
- Median age
- 36
- Household income
- $1,735/wk
- Median rent
- $350/wk
- Median mortgage
- $1,647/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Andergrove price trend
Median sold · House 2 bed
Compound growth +9.5% / yr over 4 yrs
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