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  • 19/7 Seacove Lane, COOLUM BEACH, QLD 4573

19/7 Seacove Lane, Coolum Beach, QLD 4573

  • 2 Bed
  • 2 Bath
  • 1garages

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

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avatar Paula McKie
Paula McKie
Sales Agent
avatar Shane Dawes
Shane Dawes
Sales Manager

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Property Info:
  • Property ID: L18741295
  • Property Type:Unit
  • Carports:1
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R&H Suburb Profile: Coolum Beach
R&H Suburb SummaryHouses
Number of sales121
Average Price$1,481,323
Median Price$1,380,000
Median Rental Price$750 p.w.
Change in Rental Rate (5yr)52 %
R&H Suburb SummaryUnits
Number of sales91
Average Price$968,032
Median Price$820,000
Median Rental Price$620 p.w.
Change in Rental Rate (5yr)59 %
Median Trend - $1,380,000
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