FOR SALE
$1,200,000

15A Bimba Street
Point Lookout QLD 4183

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 317m2
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Live in one and rent out the other!

15a Bimba Street offers a great investment opportunity with options. Live in one unit and rent out the other, have both units providing you a steady income or turn it into your large family home. Its central location allows easy walking access to Frenchmans Beach, Deadmans Beach, and Cylinder Beach, as well as all the amenities Point Lookout has to offer all the while being tucked away on a quiet street.
The upper level has two spacious bedrooms with good size wardrobes, a bathroom, and an open-plan kitchen, living, and dining area that opens onto a great undercover deck. The lower level features a open-plan living area, three bedrooms, a bathroom, and a modern kitchen. There is plenty of room on this flat block to park your boat or caravan.
Property Features:
- Three bedrooms downstairs
- Two bedrooms upstairs
- 317m2 flat block
- Walking distance to all beaches and amenities
Downstairs is currently permanently rented for $650 per week however previously the owner had it listed on Airbnb and had an occupancy rate of 85% and gross annual income of approx $100k.
Call me today to book your private inspection.

Property Details for 15a Bimba St, Point Lookout

15a Bimba St, Point Lookout is a 5 bedroom, 2 bathroom House. The property has a land size of 317m2. The place is currently for sale with Ray White North Stradbroke Island.

Building Type
House
Land Size
317m2

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About Point Lookout 4183

The size of Point Lookout is approximately 4.4 square kilometres. It has 6 parks covering nearly 35.2% of total area. The population of Point Lookout in 2011 was 678 people. By 2016 the population was 709 showing a population growth of 4.6% in the area during that time. The predominant age group in Point Lookout is 60-69 years. Households in Point Lookout are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Lookout work in a professional occupation. In 2011, 57.2% of the homes in Point Lookout were owner-occupied compared with 62.5% in 2016.

Point Lookout has 1,380 properties. Over the last 5 years, Houses in Point Lookout have seen a 118.52% increase in median value, while Units have seen a 127.14% increase. As at 31 July 2024:

  • The median value for Houses in Point Lookout is $1,839,500 while the median value for Units is $1,043,976.
  • Houses have a median rent of $3,475.
There are currently 17 properties listed for sale, and 1 property listed for rent in Point lookout on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Point lookout.

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Chris Ransley
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Ray White North Stradbroke Island
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