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1/23 Walan Street
Mooloolaba QLD 4557

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 201m2
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Mooloolaba's only beach precinct 5 bedroom duplex!

Walk to the beach & cafes! A brilliant opportunity in the heart of Mooloolaba to acquire a residential duplex ideally positioned for residents, holiday home seekers or investors.
Set over 2 levels with a rarely found 5 bedroom configuration the owners have fastidiously renovated and modernized to be their beachside home away from home.
Potentially one of Mooloolaba's highest yielding investment properties,
• Approximate permanent let income of $69,680 per annum
• Estimated holiday let summary available gross annual return of circa $140,000
The key features we love,
• Duplex 1 offered to market after 20 year ownership
• Set over 2 fully self contained levels to enable dual living or dual rent
• Internal separation by lockable stairwell
• 2 kitchen & 2 bathrooms
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Property Details for 1/23 Walan St, Mooloolaba

1/23 Walan St, Mooloolaba is a 5 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a floor size of 201m2. The place is currently for sale with Ray White Mooloolaba.

Building Type
Unit
Floor Size
201m2

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About Mooloolaba 4557

The size of Mooloolaba is approximately 4 square kilometres. It has 11 parks covering nearly 9.1% of total area. The population of Mooloolaba in 2011 was 7,333 people. By 2016 the population was 7,735 showing a population growth of 5.5% in the area during that time. The predominant age group in Mooloolaba is 20-29 years. Households in Mooloolaba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mooloolaba work in a professional occupation. In 2011, 50.4% of the homes in Mooloolaba were owner-occupied compared with 53.3% in 2016.

Mooloolaba has 6,956 properties. Over the last 5 years, Houses in Mooloolaba have seen a 77.17% increase in median value, while Units have seen a 81.24% increase. As at 31 August 2024:

  • The median value for Houses in Mooloolaba is $1,576,399 while the median value for Units is $860,890.
  • Houses have a median rent of $740 while Units have a median rent of $600.
There are currently 38 properties listed for sale, and 21 properties listed for rent in Mooloolaba on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Mooloolaba.

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Brent Higgins
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Ray White Mooloolaba
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