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97 Sherwood Road, Rocklea$275,000
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97 Sherwood Road

Rocklea, QLD 4106, Australia
$275,000
6 bed 7 bath 6 car498 m²

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About this property

To enquire, please email or call 1300 815 051 and enter code 4144 Buy a part in multiples of 16.7% shares of a high income generating 6-bedroom 7-bathroom co living property A rare opportunity to purchase a 16.7% share of a purpose-built shared accommodation home at 97 Sherwood Road, Rocklea, 4106. Perfect for first home buyers, low-income earners, or anyone wanting to enter the market with strong rental returns. Your Ownership Includes Choose one private suite: Rooms 12: 1 bed + 1 bath + 1 car space (external) Rooms 34: 1 bed + 1 bath + 1 car park (with remote control entry) Rooms 56: 1 bed + 1 bath + balcony (no car space) Ownership is via Tenants in Common, giving you legal title to your share. Income Potential Current total rent: $1,640/week on an average >$270/room/week If you live in your room, you will get opportunity to earn extra by managing the remaining rooms for the current owner This property was built on a 498m² block in 2006 with the building name "FRIENDS". The home offers a thoughtfully designed living space, perfect for share accommodation. Original intention was to share the property by 3 couple friends in their retirements. Six bedrooms and seven bathrooms provide exceptional flexibility and comfort. A second living area in downstairs flows seamlessly to the outdoors. Property Features 6 bedrooms, each with private ensuite and built-in-robe 2 rooms with balconies Large upstairs kitchen + living area 4 onsite car spaces Large indoor and outdoor entertainment areas Downstairs bathroom (7th toilet) Large Laundry in downstairs Fully fenced, NBN, built ins, low maintenance tiled upper floor Concrete slab between levels for fire safety Land: 498 m² (¬50mx10m), Building Size 25mx7m, GF Area:157m², FF Area: 166m², Balcony:8m² Additional benefits - Modern kitchen with practical storage and integrated appliances - Plenty of lockable storage area in the kitchen for the tenant of each bedroom - Easy-care finishes and plenty of natural light - Convenient Rocklea location with access to parks, shops, transports, schools, hospitals, universities For more information or to arrange a viewing, contact us. ======== Discounted Price for more than one room by a group for quick sell: Any one: $275,000 16.7% share Any two: $525,000 33.3% share Any three: $750,000 50.0% share Any four: $1,000,000 66.7% share Any five: $1,200,000 83.3% share WHOLE HOUSE $1.4m ======== DETINATION DISTANCE FROM 97 Sherwood Rd, Rocklea: Rocklea Station 1.2 km 598, 599 Bus Stop 200 m 2min walk Solo Petrol station 300 m 5min walk Caltex 24hr Petrol station 400 m 5min walk Brisbane Market 700 m 10min walk Rocklea State School 1.3 km LOCATION DISTANCE FROM 97 Sherwood Rd, Rocklea: HOSPITAL (Emergency) QE II Hospital 6.0 km PA Hospital 6.4 km Mater Hospital 7.7 km South Bank 8.7 km Brisbane Casino Precinct 10.0 km Queen St Mall 10.0 km To enquire, please email or call 1300 815 051 and enter code 4144

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
7
Parking
6
Land Area
498 m²
Listed
3 months ago

Repayment calculator

$1,333/month
$667 /fortnight
Loan $220,000 at 6.10% over 30 years

Upfront costs

Deposit$55,000
Stamp duty$8,050
Conveyancing (est.)$2,000
Total upfront$65,050
Verify with QLD revenue office →
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Neighbourhood

Living in Rocklea

This 6-bedroom house in Rocklea, QLD 4106 sits within reach of public transport, local shops and nearby schools. It is listed 70% below the $915,000 median of 62 comparable houseswithin 5 km.

Schools near Rocklea

  • Rocklea State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Rocklea station, platform 2 (train)930 m away
  • Battery World431 m away
  • Cambridge Street Park221 m away
  • Fairfield Road (no.989A) Park380 m away
  • Veterans Park1.0 km away

Rocklea at a glance

Full suburb profile
Population
1,672
Median age
34
Household income
$1,493/wk
Median rent
$335/wk
Median mortgage
$1,635/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Rocklea price trend

Median sold · House 3 bed

Compound growth +11.9% / yr over 4 yrs

$828kcurrent median

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