FOR SALE
Offers Over $1,695,000

8 Bombala Terrace
Caloundra QLD 4551

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 1062m2
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1,062sqm Corner CBD Parcel - Three Residences - One Title

Yianni Mooney Property proudly presents to the market 8 Bombala Terrace, Caloundra.
Have you been searching for solid prime holding in an area that is undergoing rapid gentrification?
Are you wanting to secure a unique residential investment that offers lucrative returns?
Look no further than this consolidated property in arguably one of the most sought-after locations in southeast Queensland.
Sitting on a huge 1,062sqm corner parcel of land, this impressive five bedroom residence is located in a quiet residential street and is so close to all amenities, as well as pristine beaches and great local retail shopping.
This rare opportunity is perfect for a number of strategies. The main dwelling provides a current configuration of two separate residences. One is two bedrooms, one bathroom with spa bath, and comes complete with a spacious living and dining area, well-appointed kitchen and walk-in pantry. The second residence comprises two bedrooms, one bathroom with separate toilet, living area and kitchenette.
Both these residences also have the potential to be easily combined and utilised as one large five bedroom, two bathroom home, plus additional granny flat. There is also a large storage area below the home that can be easily converted to a private guest’s area.
Separate to the main residence is a large studio with private access, as well as a dedicated laundry.
Additionally, a purpose built and self-contained granny flat features a good-sized living area, kitchenette, bathroom and patio.
The flexibility of this lucrative property allows developers to cater to different market segments and maximize the potential return on investment – maybe rent all three residences out, live in one and rent the remaining two, let out individually for strong Airbnb income, or eventually redevelop (STCA). The possibilities are endless.
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Property Details for 8 Bombala Tce, Caloundra

8 Bombala Tce, Caloundra is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1062m2. The place is currently for sale with Yianni Mooney Property.

Building Type
House
Land Size
1062m2

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About Caloundra 4551

The size of Caloundra is approximately 3.2 square kilometres. It has 8 parks covering nearly 36.9% of total area. The population of Caloundra in 2011 was 3,558 people. By 2016 the population was 3,914 showing a population growth of 10.0% in the area during that time. The predominant age group in Caloundra is 60-69 years. Households in Caloundra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caloundra work in a trades occupation. In 2011, 48% of the homes in Caloundra were owner-occupied compared with 49.9% in 2016.

Caloundra has 3,774 properties. Over the last 5 years, Houses in Caloundra have seen a 66.02% increase in median value, while Units have seen a 95.31% increase. As at 30 November 2024:

  • The median value for Houses in Caloundra is $917,132 while the median value for Units is $887,693.
  • Houses have a median rent of $620 while Units have a median rent of $570.
There are currently 32 properties listed for sale, and 16 properties listed for rent in Caloundra on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Caloundra.

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