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21 Barooga Crescent,
Mooloolaba 4557, Queensland

8 bedrooms
4 bathrooms
4 car spaces
Unit

Price withheld


Property details

Bulletproof Investment Opportunity!

Owned by the one out of town owner, this waterfront property offers a secure and attractive income in one of the Sunshine Coast's most premium locations just 600 metres to beautiful Mooloolaba Beach.

A low maintenance block of four Bulawayo on an underdeveloped 761m2 allotment with a 28 metre waterfrontage , is of brick construction over two levels, comprising four units 4 x 2 bedrooms each with a lock up garage; there is also additional on-site parking.

All strata titled, there is no body corporate and Bulawayo is currently returning an income of $63,960 per annum you don't need to do a thing, just bank the cheque!

This could make a fabulous self-funded superannuation investment with absolutely minimum risk. You can continue to rent out permanently or holiday let all of them; maybe even keep one vacant and use as a holiday apartment for your family. In this location finding tenants is never a challenge, and Bulawayo has a healthy rental history.

Interest in this opportunity is expected to be high with enquiries anticipated from all over the nation. You will genuinely have to move quickly to secure this...virtually recession proof, this is money in the bank!

• Two level solid brick apartment block;
• Absolute waterfront position premium location;
• 4 units 4 x 2 bedrooms;
• Quiet complex of only 4 all owned by same owner;
• Strata titled no body corporate fees;
• Attractive annual income of $63,960;
• Ideal superannuation investment low risk;
• Underdeveloped site 761m2, future possibilities;
• 600 metres to Mooloolaba beach and Esplanade;
• Nothing to spend, money in the bank;
• Be quick opportunity of the 2015!

Explore the area


School catchments

  • Mooloolaba State School Primary Prep-6 Government 0.33km
  • Mountain Creek State School Primary Prep-6 Government 1.5km
  • Buddina State School Primary Prep-6 Government 3.0km
  • Brightwater State School Primary Prep-6 Government 3.1km
  • Immanuel Lutheran College Combined Prep-12 Independent 3.4km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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