Hendra
Hendra, QLD 4011

This double-storey house in Hendra offers a spacious and quality-built family home situated on a corner block with a wide frontage, providing a comfortable and appealing living environment. The property features five bedrooms, three bathrooms, and two car parking spaces, making it ideal for a large family or those who value ample space.

The home is designed with high ceilings and ducted air conditioning throughout, ensuring a cool and comfortable atmosphere year-round. It boasts four separate living spaces, allowing for versatile use of the interior areas to suit various family needs and lifestyles. Additionally, the property is equipped with 6kW solar panels, contributing to energy efficiency and reduced utility costs.

The neighborhood is known for being decent and quiet, with residents who take pride in maintaining their community. The house is either newly built or recently renovated, with comparable homes in the area valued between $1.8 million and $4 million, reflecting the quality and desirability of the location.

The property was purchased in March 2023 for $1,860,000, well below the initial budget of $2,000,000. This purchase price is competitive compared to similar five-bedroom houses on the same street, which have sold for over $2 million. Potential rental income for this property is estimated between $1,400 and $1,500 per week, indicating a solid investment opportunity for owner-occupiers or investors.

The buyers were local home seekers who had been searching for a family home for an extended period, concerned about overpaying in the market. They were pleased to secure this property below their budget, especially given the higher prices of comparable homes nearby, which range from $2 million to $3 million.