FOR SALE
Offers Over $1,600,000

152 Toolara Road
Tin Can Bay QLD 4580

Bedrooms: 11
Bathrooms: 5
Car spaces: 3
Land area: 1873m2
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PRIME INVESTMENT OPPORTUNITY IN TIN CAN BAY!

Discover this exceptional multi-income property located at 152 Toolara Road, Tin Can Bay. This rare offering is perfectly situated across from the foreshore, providing stunning water views and endless appeal for both residents and business. With five tenanted residential units and a commercial shop space, this property presents an outstanding opportunity for savvy investors seeking high returns and long-term growth.
Property Highlights:
Five Residential Units
- Four Units: Two bedrooms, one bathroom each
- One Unit: Three bedrooms, one bathroom
- All units are fully tenanted, generating a solid rental return of $70,844 per annum
Commercial Space
- One vacant shop space with potential annual rental income of $48,000
- Excellent opportunity for an owner-occupier or additional tenant to maximize returns
Prime Location
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Property Details for 152 Toolara Rd, Tin Can Bay

152 Toolara Rd, Tin Can Bay is a 11 bedroom, 5 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 1873m2. The place is currently for sale with CENTURY 21 Platinum Agents.

Building Type
BlockOfUnits
Land Size
1873m2

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About Tin Can Bay 4580

The size of Tin Can Bay is approximately 233.7 square kilometres. It has 22 parks covering nearly 1% of total area. The population of Tin Can Bay in 2011 was 1,993 people. By 2016 the population was 2,216 showing a population growth of 11.2% in the area during that time. The predominant age group in Tin Can Bay is 60-69 years. Households in Tin Can Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tin Can Bay work in a labourer occupation. In 2011, 59% of the homes in Tin Can Bay were owner-occupied compared with 60.5% in 2016.

Tin Can Bay has 1,642 properties. Over the last 5 years, Houses in Tin Can Bay have seen a 94.77% increase in median value, while Units have seen a 78.20% increase. As at 30 November 2024:

  • The median value for Houses in Tin Can Bay is $664,546 while the median value for Units is $487,591.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 38 properties listed for sale, and 4 properties listed for rent in Tin can bay on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Tin can bay.

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Paul Downman
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Steph Downman
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CENTURY 21 Platinum Agents
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