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Sold on 16 Aug 2024 for $961,750

40 Sahara Road
Glass House Mountains QLD 4518

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 277m2
Land area: 794m2
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Property Details for 40 Sahara Rd, Glass House Mountains

40 Sahara Rd, Glass House Mountains is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 2018. The property has a land size of 794m2 and floor size of 277m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in Glass House Mountains in the last 12 months.

Building Type
House
Year Built
2018
Floor Size
277m2
Land Size
794m2
Local Government
Sunshine Coast Regional
Lot/Plan
2/RP135994

Last Listing description (August 2024)

Discover a rare investment opportunity with this 5-year-old, single-level home designed for savvy investors. Situated on a spacious 794 m² block, this low-maintenance property features three separate tenancies, generating a solid weekly rental income of $1,300 ($67,000 per annum). With a likely rental return of 7% or more, this is a standout addition to any investment portfolio.

Property Highlights:

* Tenancy 1: 2-bedroom unit, $480 per week

* Tenancy 2: 2-bedroom unit, $440 per week
* Tenancy 3: 1-bedroom unit, $370 per week

Each tenancy offers its own private amenities, but all up this property includes:

* 5 Bedrooms
* 3 Kitchens (includes a kitchenette)
* 3 Bathrooms
* 3 Yards
* 3 Garages

Key Investment Features:

* Total Building Area: 277 m²
* Low-Maintenance Single-Level Design
* Multiple Tenancy Options
* Proven Rental Yield of 7%+

Investing in the Glasshouse Mountains, Queensland, presents a unique opportunity to tap into a market defined by natural beauty, lifestyle appeal, and growing demand. This region is not just a place to live—it's a destination that attracts both tourists and long-term residents seeking the perfect blend of tranquility and adventure.

The Glasshouse Mountains are renowned for their iconic peaks and lush landscapes, making properties here highly desirable for those looking to escape the hustle and bustle of city life. With a surge in interest from buyers wanting a lifestyle change, now is the ideal time to invest. The area's proximity to the Sunshine Coast, with its top-tier amenities, schools, and transport links, adds significant value, ensuring that your investment will be supported by consistent demand.

The potential for short-term holiday rentals is immense, given the area's popularity with hikers, nature lovers, and those seeking a serene retreat. Additionally, the growing infrastructure and development in the surrounding areas promise long-term capital growth.
Invest in the Glasshouse Mountains, and you're not just purchasing property—you're securing a stake in a lifestyle destination poised for continued appreciation and strong returns.

Don't miss out on securing this high-yield, low-risk property today!

Property History for 40 Sahara Rd, Glass House Mountains, QLD 4518

A timeline of how this property has performed in the market
Last Sold
$961,750
16 Aug 2024
Listed for Rent
$440/w
21 Aug 2024
  • 16 Aug 2024
    Sold for $961,750
  • 14 Aug 2024
    Listed for Sale Contact Agent
  • 24 Jul 2024
    Listed for Rent $440 / week
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About Glass House Mountains 4518

The size of Glass House Mountains is approximately 73.1 square kilometres. It has 20 parks covering nearly 40.6% of total area. The population of Glass House Mountains in 2011 was 4,791 people. By 2016 the population was 5,048 showing a population growth of 5.4% in the area during that time. The predominant age group in Glass House Mountains is 40-49 years. Households in Glass House Mountains are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glass House Mountains work in a trades occupation. In 2011, 79.4% of the homes in Glass House Mountains were owner-occupied compared with 80% in 2016.

Glass House Mountains has 2,542 properties. Over the last 5 years, Houses in Glass House Mountains have seen a 86.55% increase in median value, while Units have seen a 62.53% increase. As at 30 September 2024:

  • The median value for Houses in Glass House Mountains is $959,602 while the median value for Units is $583,018.
  • Houses have a median rent of $750.
There are currently 40 properties listed for sale, and no properties listed for rent in Glass house mountains on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Glass house mountains.

Suburb Insights for Glass House Mountains 4518

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Contact agent
Darren Lockwood
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Aura Property Sunshine Coast
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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.