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Sold on 18 Dec 2024 - Price Unavailable

123 Oleander Street
Holloways Beach QLD 4878

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 647m2
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Property Details for 123 Oleander St, Holloways Beach

123 Oleander St, Holloways Beach is a 6 bedroom, 3 bathroom Semi-Detached with 3 parking spaces. The property has a land size of 647m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 6 bedroom Semi-Detached sold in Holloways Beach in the last 12 months.

Building Type
Semi-Detached
Land Size
647m2

Last Listing description (December 2024)

Attention Investors! Properties like this rarely come to market.

Offering outstanding flexibility and investment potential, this fully renovated triplex presents a perfect opportunity for savvy investors, owner-occupiers, or downsizers looking to generate additional income. With no body corporate fees and endless possibilities, this beachside property is truly a standout.

Live in one, rent out the others, or lease all three- the options are endless! Don't miss this rare chance to secure a versatile investment within easy walking distance of the beach.

Positioned on a generous 647m² flat block, this freestanding triplex has been stylishly renovated and is move-in ready. It provides the perfect blend of lifestyle and income potential, with booming Airbnb demand in Cairns ensuring strong returns from both holidaymakers and long-term tenants.

Constructed from low-maintenance masonry block, this well-maintained property offers multiple income streams in a highly sought-after beachside location. Close to beachfront dining, supermarkets, and local amenities, it's an ideal investment for those looking to diversify their portfolio or make a sea-change.

Property Highlights:
- 647m² fully fenced block located just one street back from the beach
- Three spacious, single-level units on one title-no body corporate fees!
- Each unit includes 2 large bedrooms (master with built-in wardrobes), 1 bathroom, and an open plan living/kitchen area
- Air-conditioning throughout
- Generous outdoor entertaining areas for each unit
- Each unit is fully fenced, pet-friendly, and offers individual external laundries
- Low-maintenance masonry block construction, with minimal yard upkeep
- 3 carports with additional space for up to 5 cars, plus ample off-street parking

Facts & Figures:
- No body corporate levies
- Rental Appraisal: $500 - $550 per week, per unit (approx.)
- Airbnb Potential: $150 - $200 per night, per unit (approx.)
- Unit 1: Currently operating on Airbnb
- Unit 2: Vacant and ready for rent or occupancy
- Unit 3: Tenanted at $500 per week (lease until July 2025)

This is a rare chance to acquire a high-yielding, low-maintenance property in Holloways Beach.

Contact Natasha Whalley-Thompson today to register your interest and arrange an inspection (24 hours' notice required due to tenancy agreements). Private inspections are welcomed and encouraged. Video walkthroughs are available upon request!

Property History for 123 Oleander St, Holloways Beach, QLD 4878

A timeline of how this property has performed in the market
Last Sold
18 Dec 2024
  • 04 Dec 2024
    Sold for $1,070,000
  • 14 Aug 2024
    Listed for Sale Offers in the early $1,000,000s
  • 21 Nov 2022
    Sold for $835,000
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About Holloways Beach 4878

The size of Holloways Beach is approximately 5.6 square kilometres. It has 11 parks covering nearly 6.4% of total area. The population of Holloways Beach in 2011 was 2,283 people. By 2016 the population was 2,365 showing a population growth of 3.6% in the area during that time. The predominant age group in Holloways Beach is 50-59 years. Households in Holloways Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Holloways Beach work in a professional occupation. In 2011, 57.3% of the homes in Holloways Beach were owner-occupied compared with 57.2% in 2016.

Holloways Beach has 1,452 properties. Over the last 5 years, Houses in Holloways Beach have seen a 38.50% increase in median value, while Units have seen a 84.68% increase. As at 28 February 2025:

  • The median value for Houses in Holloways Beach is $581,761 while the median value for Units is $363,429.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 28 properties listed for sale, and 7 properties listed for rent in Holloways beach on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Holloways beach.

Suburb Insights for Holloways Beach 4878

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Contact agent
Natasha Whalley-Thompson
Show contact details
Ray White Cairns
Preferred contact:
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 liability for any loss or damage arising in connection with the data and information contained in this publication.