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Overview
This two-storey high-set home at 18 Andergrove Road offers a rare off-market opportunity to own a recently renovated residence with existing tenancy, blending comfort, functionality, and investment appeal. Positioned over two levels, the property provides versatile living spaces that accommodate a variety of lifestyle needs.
Upstairs features a fresh and tidy presentation with timber-look vinyl flooring enhancing the modern aesthetic. The heart of the home is a practical kitchen equipped with white cabinetry, grey benchtops, and a subway-style splashback. This kitchen integrates seamlessly with the dining and lounge areas in an open-plan layout, providing a central hub ideal for everyday living and casual entertaining.
The accommodation consists of two bedrooms complemented by a renovated bathroom and a separate toilet, designed for simple and efficient use. Climate control is ensured with air-conditioning and ceiling fans, enhancing year-round comfort.
Downstairs adds valuable flexibility with a spacious storage or rumpus room, a laundry area, and a separate sleep-out. With direct outdoor access, this level can suit a broad range of uses depending on personal or family needs and subject to appropriate approvals.
Currently tenanted until October 2027 with a weekly rent of $550 (scheduled to increase to $570 in October), this property presents an attractive prospect for investors seeking established returns alongside potential for future owner occupation or alternative use.
Key features include:
- Off-market availability providing exclusivity
- Recent renovations enhancing appeal and livability
- Functional open-plan kitchen, dining, and living arrangement
- Comfort-focused additions of air-conditioning and ceiling fans
- Additional flexible spaces downstairs including rumpus/storage, laundry, and sleep-out
- Outdoor access supporting varied lifestyle and usage options
- Practical two-level design maximizing space
The property is well suited for investors and those appreciating a well-maintained home that offers immediate rental returns with long-term versatility. With a substantial land area of 761 square meters, it also provides scope for outdoor activities and potential enhancements, respecting the practicality and lifestyle balance sought in Andergrove.
Built in 1980, this home combines the charm of a classic highset residence with modern updates, presenting a solid foundation for future enjoyment or investment growth.
Local Market Insights
In Andergrove, Quiet Listings observed 58 new houses entering the market over the last 30 days, down from 486 during the previous 30-day period, with an average advertised asking price of $788,810. The property type mix of listed properties is predominantly Houses at 73%, followed by units (11%), and land (6%). The most active agency for houses in the Andergrove area is currently Harcourts, representing 26% of new listings, followed by Remax with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Offers Over $569,000 | |
| Offers Over $589,000 |
Location
Market Insights for Andergrove QLD 4740
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