The Sunshine Coast has become the flavour of the Month as investors look for some upside in the property market.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.
There are very strong employment prospects for the next 12-18 months, with numerous new projects either approved or ready to move to construction and/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) – New Sunshine Coast Public Hospital (under construction) – New Maroochy Town Centre ( Major site works has commenced with construction beginning very soon) Maroochy Airport Expansion and Upgrade (Approved, but seeking additional private funding) Oceanside Residential and Kawana Health Hub, the new satellite city Aura – the City of Colour – construction already begun! and numerous new land developments being constructed around the major infrastructure and development construction areas. The major one is of course the new approved Sunshine Coast private Hospital and the Sunshine Coast Puplic and Training Hospital are being constructed just minutes from where this property is located. What a bonus for renters! Imagine being able to ride or drive just a few minutes to work. This hospital will employ over 1000 plus new employees when operating, and also hundreds of construction workers (estimated to be between 8000 and 10,000) There is a huge demand for rental homes in this location – here is your chance.
The Sunshine Coast as a whole is regarded as still in recovery, but the level of activity plus the low vacancy rate for rentals – less than 1% – is changing that very quickly….” Refer Reports by Michael Matusick and also Terry Ryder

This Opportunity:
Located in the suburb of Bells Reach in the city of Caloundra on the southern end of the Sunshine Coast we have on offer this exceptional opportunity of a well constructed duplex. This property is available as a single contract only.

Construction will be complete in approx. 6 weeks. Buy in your super fund or live in one and rent the other!

Why 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: 3 bed dwelling: $ 460 pw to $485 per week per side
Total Income return: $920 to $970 per week

You are just a 5 minutes drive into the central CBD of Caloundra, with its major shopping complexes, restaurants cafe’s/ eateries and the beautiful lifestyle waterways and beaches.
Land: Lot 1307 Amber Drive, Bells reach Caloundra Size: 550m2
Duplex: – Unit 1 158m2 3 beds, 2 baths, 2 cars PLUS
Unit 2 154m2 3 beds, 2 baths 2 cars
Total of 312m2

Headworks of $29,000 and all strata title costs are also prepaid and included in this price.

THIS DUPLEX CAN ALSO BE PURCHASED AS A SINGLE DWELLING ONLY – the asking price for this -$ 422,000 per side or can be purchased as a whole for negotiated purchase price.

FOR SALE: $869,000

Kaye Tilley 0418 823 046
John Tilley 0417 041 424