I quote the Real Estate supplement dated 6th March 2015: (attached) ” Sunny Coast leads the way! – The Sunshine Coast is becoming 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 (fully approved, site work have begun) – New Maroochy Town Centre ( Fully approved, and moving into development phase very soon, Maroochy Airport Expansion and Upgrade (Approved, but seeking additional private funding) and numerous new land developments being constructed around the major infrastructure and development construction areas. The major one is of course Caloundra with the new approved Sunshine Coast private Hospital to be constructed at Meridan just minutes from where this property is located. What a bonus for renters! Imagine being able to walk, ride or drive just a few minutes to work. This hospital will employ over 1000 new employees when operating, and also hundreds of construction workers . There is a huge demand for rental homes in this location – here is your chance.
The Sunshine Coast as a while is regarded as still in recovery, but the level of activity plus the low vacancy rate for rentals – about 1% – is changing that very quickly….”

The Opportunity:
Located in the suburb of Meridan, a new suburb of Caloundra City on the southern end of the Sunshine Coast we have on offer this exceptional opportunity of a dual living home with approved secondary dwelling.

Why Caloundra? Because this place is buzzing with activity! Huge employment opportunities, rental 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: $ 430 pw 1 bed dwelling: $330 pw
Total Income return: $760 per week
7% gross return plus tax benefits
You are just a short 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 45 Ruby Crescent Meridan Springs Size: 600m2 Land Price: $275,000
House: 3 beds, 2 baths, 1 car PLUS 1 bed, 1 bath, 1 car – Total of 4 beds, 3 baths 2 cars Size: 222m2 $285,150
BUY OFF THE PLAN: Two contracts: Land plus building contract. (pay stamp duty on land price only)
Builder: Silkwood Homes, Nerang
Secure land on Contract with $1000 initial deposit. Sign building contract and on unconditional finance approval pay 5% deposit to building contractor. Progressive construction drawdown as per Building Contract.

FOR SALE: $560,150

Kaye Tilley 0418 823 046
John Tilley 0417 041 424