SOLD
RECENT ADVICE
Sold on 07 Aug 2024 for $1,050,000

41 Lake Macdonald Drive
Cooroy QLD 4563

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 268m2
Land area: 4487m2
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Property Details for 41 Lake Macdonald Dr, Cooroy

41 Lake Macdonald Dr, Cooroy is a 4 bedroom, 2 bathroom House. The property has a land size of 4487m2 and floor size of 268m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Cooroy in the last 12 months.

Building Type
House
Floor Size
268m2
Land Size
4487m2
Local Government
Noosa
Lot/Plan
1/RP189890

Last Listing description (August 2024)

Attention all astute buyers, this is a remarkable opportunity to secure a four bedroom home on just over an acre (4,487m2) right in the thriving Noosa hinterland township of Cooroy, that is within the local Council guidelines for a subdivision** Situated so close to all that Cooroy has to offer with it's restaurants, shops, IGA's, transport, and schools, this fully serviced property makes sense for so many reasons and with so many options.

Here are just a few to consider.
• Live in the home as is and enjoy the space and freedom of living on a large block of land, keeping the option to subdivide for your future

• Subdivide off a block and build, then live in the new home retaining the existing one as an investment property
• Subdivide off a block and build a new home, then sell the existing home
• Subdivide off a block and sell it as vacant parcel of land
• Possible approval for 2 lots to be subdivided when extra due diligence is undertaken

About the existing home, originally built in the 1980's the brick exterior doesn't give much away from the road. It has real hardwood timber floors, good size bedrooms and living spaces, with a modern ensuite and walk in robe in the main bedroom. The addition of the rear timber deck adds to the home's liveability plus there are solar panels. When thinking of your next purchase why not consider the added benefits this one has as an investment, not just in a home, with potential for extra returns in the future. Our sellers are motivated as their circumstances have changed.

Preliminary Due Diligence information is available on request as are current Building and Pest Inspection Reports. We look forward to showing you around at the bi weekly open homes where I will be on site.

**Subject to final approval by Council

Features:
- Subdivision opportunity on 4,487m2 (just over an acre)
- Town water and sewerage connected
- Existing four bedroom, 2 bathroom home
- Large covered deck, solar panels
- Walk to town, schools and transport
- Shipping container included
- Preliminary Due Diligence information available
- Building and Pest Reports available
- Bi weekly rep on site
- Auction held on site 7th August @ 1pm

This property is being sold by auction or by tender and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. The information contained herein has been obtained through sources deemed reliable by Hinternoosa, but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. All measurements are approximate.

Property History for 41 Lake Macdonald Dr, Cooroy, QLD 4563

A timeline of how this property has performed in the market
Last Sold
$1,050,000
07 Aug 2024
Listed for Rent
$350/w
25 Nov 2010
  • 07 Aug 2024
    Sold for $1,050,000
  • 17 Jul 2024
    Listed for Sale Auction
  • 01 May 2024
    Listed for Sale Contact Agent - Motivated Seller, Must Sell
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About Cooroy 4563

The size of Cooroy is approximately 27.5 square kilometres. It has 10 parks covering nearly 2.3% of total area. The population of Cooroy in 2011 was 3,459 people. By 2016 the population was 3,770 showing a population growth of 9.0% in the area during that time. The predominant age group in Cooroy is 60-69 years. Households in Cooroy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooroy work in a trades occupation. In 2011, 71% of the homes in Cooroy were owner-occupied compared with 72.9% in 2016.

Cooroy has 2,378 properties. Over the last 5 years, Houses in Cooroy have seen a 69.70% increase in median value, while Units have seen a 58.79% increase. As at 31 July 2024:

  • The median value for Houses in Cooroy is $1,013,292 while the median value for Units is $504,874.
  • Houses have a median rent of $710 while Units have a median rent of $555.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Cooroy on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Cooroy.

Suburb Insights for Cooroy 4563

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jeanette catalano
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mario catalano
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.