FOR SALE
$850k Duplex !

Proposed Lot 1 Seafarer Street
South Mission Beach QLD 4852

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1207m2
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Existing Duplex / Development Site / Behind Beachfront !

* 1207m2 in size, 1 street from the beachfront!
* 2 existing townhouses generating income
* Previous plans to add another 2 x units
* Take advantage of Council's development incentive
Discover this incredible 1207m2 parcel of land, just one street back from the beachfront, featuring two solid townhouses offering income while you ponder what to do with the balance of the land.
Imagine renovating the existing apartments and adding another 2 townhouses on this prime piece of land! "Lifestyle Investors" may prefer to add a large boat shed on the front for weekends while the existing townhouses generate income ?
When both townhouses are rented, they are producing a rental return of approximately $700/per week.
Each townhouse offers the living area, kitchen, laundry and toilet downstairs with outdoor patio, and upstairs has 2 bedrooms with built in cupboards, main bathroom and separate toilet. There's a patio off the front bedroom with fantastic ocean views over the adjoining vacant land.
(Of which is also for sale if you want the entire 4 parcels of land with subdivision approval). Each townhouse also has a single carport.
Property Code: 2843

Property Details for Proposed Lot 1 Seafarer St, South Mission Beach

Proposed Lot 1 Seafarer St, South Mission Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1207m2. The place is currently for sale with Tropical Property Mission Beach.

Building Type
House
Land Size
1207m2

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About South Mission Beach 4852

The size of South Mission Beach is approximately 20.3 square kilometres. It has 3 parks covering nearly 68.8% of total area. The population of South Mission Beach in 2011 was 778 people. By 2016 the population was 928 showing a population growth of 19.3% in the area during that time. The predominant age group in South Mission Beach is 60-69 years. Households in South Mission Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Mission Beach work in a managers occupation. In 2011, 61.1% of the homes in South Mission Beach were owner-occupied compared with 64.2% in 2016.

South Mission Beach has 850 properties. Over the last 5 years, Houses in South Mission Beach have seen a 60.96% increase in median value, while Units have seen a 49.57% increase. As at 31 August 2024:

  • The median value for Houses in South Mission Beach is $546,294 while the median value for Units is $295,130.
  • Houses have a median rent of $540 while Units have a median rent of $293.
There are currently 45 properties listed for sale, and 1 property listed for rent in South mission beach on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in South mission beach.

Suburb Insights for South Mission Beach 4852

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Tania Steele
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Tropical Property Mission Beach
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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.