Lot 21/484-488 Marine Pde, Biggera Waters is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 1 bedroom Unit sold in Biggera Waters in the last 12 months.
Rarely do investment properties come up that are cash positive and this is a beauty.
Last year this apartment returned NET after all expenses well over 5%. This is without taking into consideration deductions for the expenses and depreciation.
This is a good investment as part of your portfolio or if you are retired and sick of getting only two or three percent from the Bank. It may even suit as an investment that you wish to use occasionally for a holiday.
The size of Biggera Waters is approximately 3.2 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Biggera Waters in 2011 was 6,338 people. By 2016 the population was 8,551 showing a population growth of 34.9% in the area during that time. The predominant age group in Biggera Waters is 20-29 years. Households in Biggera Waters are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Biggera Waters work in a professional occupation. In 2011, 47.5% of the homes in Biggera Waters were owner-occupied compared with 43.9% in 2016.
Biggera Waters has 6,080 properties.
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