UNIT BLOCK INVESTMENT - DEVELOPMENT UPSIDE

SITUATED IN THE HEART OF MAROOCHYDORE WE OFFER THIS 3 X 2 BEDROOM UNIT BLOCK OFFERING HOLDING INCOME WITH FUTURE DEVELOPMENT POTENTIAL. Currently returning $50,960.00 in gross rental income we envisage the rental income will increase to $56,160.00 pa when the current leases expire. Circa 1970 with a land holding of 642 sqm the units are in very comfortable order with good kitchens & bathrooms, spacious living rooms, large master bedrooms and enhanced by ample off street parking and laundry & storage facilities.
THE LOCATION OF THE PROPERTY IS CONSIDERED PRIME REAL ESTATE BEING ADJACENT TO SHOPPING FACILITIES AND IN EASY ACCESS TO THE MAROOCHYDORE WATERFRONT. IMPORTANT INFRASTRUCTURAL IMPROVEMENTS SHOULD BE NOTED INCLUDING THE PLANNED RAIL SYSTEM, UPGRADING THE SUNSHINE COAST AIRPORT AND THE IMPORTANCE OF INTERSTATE MIGRATION ARE FEATURES WHICH ADD TO THE CAPITAL GROWTH ON THE SUNSHINE COAST. Information Memorandum available on request.
Enquiries to Andrew Sim 0426 582 818 / andrew.sim@raywhite.com

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School catchments

The Industry School - Sunshine Coast Secondary 10-12 Independent 1.5km
Maroochydore State School Primary Prep-6 Government 2.0km
Arethusa College - Maroochydore Campus Secondary Independent 2.0km
Mooloolaba State School Primary Prep-6 Government 2.2km
Immanuel Lutheran College Combined Prep-12 Independent 2.3km
Maroochydore State High School Secondary 7-12 Government 2.7km
Mountain Creek State High School Secondary 7-12 Government 3.0km
Stella Maris School Primary Prep-6 Catholic 3.1km
Mountain Creek State School Primary Prep-6 Government 3.3km
The Industry School - Sunshine Coast - Mountain Creek Campus Secondary Independent 3.4km
Kuluin State School Primary Prep-6 Government 4.4km
Buderim Mountain State School Primary Prep-6 Government 5.4km
Brightwater State School Primary Prep-6 Government 5.4km
Buddina State School Primary Prep-6 Government 5.4km
Pacific Paradise State School Primary Prep-6 Government 5.7km
Matthew Flinders Anglican College Combined Prep-12 Independent 5.9km
Chancellor State College Combined Prep-12 Government 6.7km
Siena Catholic College Secondary 7-12 Catholic 7.5km
Siena Catholic Primary School Primary Prep-6 Catholic 7.5km
Bli Bli State School Primary Prep-6 Government 8.7km
Kawana Waters State College Combined Prep-12 Government 9.2km
Palmview State Secondary College Secondary 7-10 Government 9.2km
Montessori International College Combined Prep-12 Independent 9.4km
Sunshine Coast Grammar School Combined Prep-12 Independent 9.9km
Good Samaritan Catholic College Combined Prep-12 Catholic 10.2km
Pacific Lutheran College Combined Prep-12 Independent 10.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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