Located a short stroll to the heart of Mooloolaba, its pristine beaches, shops, coffee shops and two popular Surf Clubs, this is location at its best. Offering three self-contained units of a three, two and one bedroom variation.

Positioned with a sunny north-east aspect as well as ocean views this 607 m2 property is zoned as ‘mixed housing’ and all 3 properties are approved as registered flats on the one title meaning there is no body corporate fees! This makes life much easier and cheaper for the owner as it means there are no body corporate responsibilities, plus big savings on insurance, land tax, water, rates etc.

Offering a two car garage with extra storage and public transport that is virtually at the front door will prove attractive to potential tenants.

The building is of reinforced concrete block with suspended slab upstairs with building grounds well maintained including a new fence and painting. Perfect for the serious investor this property offers proven capital gain in the popular blue – chip beachside precinct of the Sunshine Coast.

These properties are currently returning $825.00 per week with quality tenants and solid leases in place and it is fair to say that the true value of this type of investment is in the income it generates, which in this case is $42,900.00 pa or over 5% of the asking price. When you also factor in the reliable capital gain over time, it’s a superior proposition to simply leaving your money in the bank.

Your inspection can be arranged by contacting Jamie Holbrook on 0418 500 081