Sold for $520,000
Sold for $520,00071 Berkley Drive, Browns Plains QLD 4118
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Property was sold on 28 June 2021.
Sold on 28 June 2021.
4 beds
2 baths
2 cars
House
604m²
4
2
2
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House
604m²
71 Berkley Drive, Browns Plains is located in a quiet cul-de-sac on a block which is over 600m2, comprises 4 generously proportioned bedrooms, 2 bathroom and a double lock up garage. The property overlooks Grosvenor Park, in an area with ample parkland. This area has a peaceful, suburban feel; yet it is only half an hour from the Brisbane CBD! This centrally located property boosts convenience, situated not only a short walk to the Browns Plains State School and High School, but also a few minutes drive away to the Grand Plaza precinct with over 150 shops including Coles, Woolworths, Event Cinema, Bunnings and etc. With the property being occupied by a long-term tenant having the intention to stay, investors can enjoy a stable stream of income (approx. 4.6%) while benefiting by the exponential growth of the Brisbane property market. Rents & Fees: Current rent: $420 per week until October Market rent: $440 per week Council Rates: Approx. $4362.56 Annually Proximity: 1 min drive to Grosvenor Park 2 mins drive to Browns Plains State School & High School 5 mins drive to Browns Plains Village (Bunnings, JB Hifi superstore, Harvey Norman, The Good Guys) 6 mins drive to Grand Plaza (anchored by Big W, Kmart, Target, ALDI, Coles, Woolworths and Event Cinemas, a newly refurbished food court and includes more than 110 specialty stores) 7 mins drive to St. Bernardine's Catholic Primary School 7 mins drive to M6 motorway entrance 11 mins walk to Waller Road 542 bus stop to Grand Plaza bus terminal 23 mins drive to Yatala Industrial Precinct (40,000 workers) 30 mins drive to Brisbane City 53 mins drive to the Gold Coast Browns Plains The size of Browns Plains is approximately 4.5 square kilometres. It has 18 parks covering nearly 10% of total area. The population of Browns Plains in 2011 was 5,572 people. By 2021 the population was 7,866 showing a population growth of 41.2% in the area during that time. Other interesting facts: - Median rental yield: 5.1% - Last quarter median price change: 2.57% Logan Area Growth: The QLD Government has allocated $134 Billion in infrastructure Accessibility to employment, healthcare, recreation and education via active and public transport for suburbs on the outskirts of the city Major Infrastructure projects & economic drivers: Logan Hospital Expansion, Logan Central Masterplan, Southern District Courthouse Upgrade, Meadowbrook Economic Link, Beenleigh Town Square Project and etc.