In summary: ONE OF opportunity! -no more land available in Little Mountain! In fact, no land now available on the entire coastal strip of the Sunshine Coast!
“The Sunshine Coast is becoming the flavour of the Month as investors look for some upside in the property market. ” Note Terry Ryder still positions the Sunshine Coast as No 1 National hotspot – yes the coast continues to move upwards. We have seen a rapid expansion in development and infrastructure improvements over the past 12 months as it has become a major employment hub in Queensland – not just short term but also long term.
As consumer recognition of the region continues to spread, national property marketer RP Data has named the Sunshine Coast as Queensland’s fastest growing market. “The Sunshine Coast will be ahead of Queensland and Brisbane averages.” It is time to examine the investment potential of this area!
There are very strong employment prospects for the next 3-5 years, with numerous major new projects either approved or ready to move to construction/or currently under construction or operating. These projects include, but are not limited to: New Sunshine Coast University Private Hospital (Stage 1 completed and operating – employment approx. 2,500)- New Sunshine Coast Public Hospital, fully operation and employing approx. 8,500 persons – New Maroochy Town Centre ( Under construction and development phase – new employment 10,000) Maroochy Airport Expansion and Upgrade (Approved, with expansion and upgrade already begun)and Oceanside the new Stockland development at Kawana which is a community development with medical and health ancillary services, care facilities, and residential, currently under construction apart from the new schools, the new independent business and commercial expansion – Sunshine Plaza has doubled in size and also Kawana Centre is hugely expanded plus the new Birtinya Town Centre . Numerous other new developments are being constructed around the major infrastructure. What a bonus for renters! Imagine being able to ride or drive just a few minutes to work. There is also Aura – the new city of colour with huge housing construction already begun – and much more to come for the next 10+ years! The new Harmony Estate at Sippy Downs also under construction with first stages of construction all sold and quality homes available for sale.
Add to this the new Hinterland residential developments in Palmwoods and Woombye and Nambour – There is a huge demand for rental homes in this location – here is your chance.
The Sunshine Coast as a whole is confirmed as being in the upward swing , with the high level of activity plus the low vacancy rate for rentals
This Opportunity:
This is a “one of” opportunity!
Located in the suburb of Little Mountain – in small boutique infill estate in the city of Caloundra on the southern end of the Sunshine Coast we have on offer this exceptional opportunity.
Why buy in Caloundra? Because this place is buzzing with activity! Huge employment opportunities, rentals are scarce, – demand is high! New properties are rarely available to rent, tenants will pay a premium……we invite you to check this out on realestate.com!
Estimated rental: Total rental return $760 to$820 per week total (based on recently leased properties)- high rental income plus tax benefits
Location:
You are just a 5 minute drive into the central CBD of Caloundra, with its major shopping complexes, restaurants cafe’s/ eateries and the beautiful lifestyle waterways and beaches. You are just a 10 minutes easy drive to the new hospitals plus under 10 mins to the Bruce Hwy to Brisbane.
Land: size 611m2 – Price: $3469,000 registered and ready for construction
In this location the neighbouring large quality homes around it would be priced from $600,000 to over $1million.
Dual Occupancy:
Unit 1 3 beds, 2 baths, 2 cars – size 149.65m2 PLUS
Unit 2 2 beds, 1 baths 1 car – 88.41m2
Total of 238.06 m2 Build Cost: $366,000
Please note that the lot has a wide and open frontage to the cul de sac, and the designer has been able to provide two separate entry driveways to each dwelling – absolute privacy is assured with this design. The tenants will appreciate this!
To Purchase:
Off the Plan Sale – subject to finance 21 days
Two contracts -Land to be bought direct from seller – save money and save stamp duty! Settle on land within 30 days from contract date
HIA Building Contract – 5% deposit on build cost at unconditional finance approval, then progressive drawdowns.
FOR SALE: $735,000
Kaye Tilley 0418 823 046
John Tilley 0417 041 424