19/7 Seacove Lane, Coolum Beach, QLD 4573
- 2
- 2
- 1
Sold
Sold for $515,000 (Nov 07, 2022)
Positive gearing investment with potential $800/week return
Seacove Resort is ideally located and tucked away in a peaceful spot, alongside the tranquil Stumers Creek and surrounded by coastal bushland. The centre of Coolum Beach is a 10-minute walk away
- with amenities including the surf club, restaurants, cafes, parks and a Coles supermarket
- while the beach is only about a 5-minute stroll.
You have the opportunity to acquire a top-floor, dual-key apartment within the resort with indicative potential rent of $450 per week for the main one-bedroom unit and $350 per week for the neighbouring studio unit. That's a total potential rental income of $800 per week
- or $41,600 per year
- which represents an extraordinary return.
Here are the features at a glance:
Unit A:
1 bedroom
1 bathroom
1 covered car space
Air conditioning
Balcony overlooking the resort pool
Kitchen
Vinyl flooring
Spacious lounge
Potential rental return $450pw
Unit B:
Studio apartment
Kitchenette
Air conditioning
1 bathroom
Beautiful bush and river outlook
Potential rental return $350pw
The dual-key design provides maximum flexibility. You could rent both units on a permanent basis or holiday let each of them. Alternatively you could live in one and rent the other.
Estimated expenses per annum:
Body corp: $7,350
Council rates: $2,200
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L18741295
- Property Type:Unit
- Carports:1
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 114 |
Average Price | $1,535,116 |
Median Price | $1,415,000 |
Median Rental Price | $750 p.w. |
Change in Rental Rate (5yr) | 53 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 93 |
Average Price | $956,409 |
Median Price | $830,000 |
Median Rental Price | $650 p.w. |
Change in Rental Rate (5yr) | 67 % |