3 Mor-Gan-O StreetBingil Bay QLD 4852
Property Details for 3 Mor-Gan-O St, Bingil Bay
3 Mor-Gan-O St, Bingil Bay is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 1243m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Last Listing description (December 2017)
Air B & B is hugely popular all over the world and is gaining in popularity in Mission Beach as well.
At this price, you can live in one and the other provides a lucrative income stream on a casual holiday letting basis.
As an investment, you can profit from the double rental from these two solid duplex homes which are situated in leafy Bingil Bay on a generous 1243m2 allotment.
Each is a free-standing building with two large bedrooms and a large open plan living area with a covered paved patio on the side and separated by the garages in the middle.
A well-maintained property making it a worry-free investment with low-maintenance masonry block walls and tiled floors throughout and each yard is fully fenced for privacy.
Each features single covered car accommodation and external laundry which is under-cover plus fans and screens throughout.
A short stroll to the welcoming beach at Bingil Bay and the Caf/corner store is even closer.
Enjoy the privacy, security, independence, and convenience of duplex-style living, while enjoying the option to live in one and rent out the other.
Or, collect the rent of $460/week from both and 'laugh all the way to the bank!' (Be quick if you want to live in one as tenants have moved out of the rear unit.)
The price will astound you at only $345,000 for both.
Contact Executive Marketing Agent Di Wagner on 0419 685 495
Property History for 3 Mor-Gan-O St, Bingil Bay, QLD 4852
- 11 Nov 2017Sold for $320,000
- 23 Oct 2015Listed for Rent - Price not available
- 20 Sep 2014Listed for Sale $350,000
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About Bingil Bay 4852
The size of Bingil Bay is approximately 4.2 square kilometres. It has 3 parks covering nearly 1.3% of total area. The population of Bingil Bay in 2011 was 368 people. By 2016 the population was 432 showing a population growth of 17.4% in the area during that time. The predominant age group in Bingil Bay is 50-59 years. Households in Bingil Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bingil Bay work in a trades occupation. In 2011, 55.9% of the homes in Bingil Bay were owner-occupied compared with 67.2% in 2016.
Bingil Bay has 289 properties. Over the last 5 years, Houses in Bingil Bay have seen a 60.32% increase in median value, while Units have seen a 1.73% increase. As at 31 October 2024:
- The median value for Houses in Bingil Bay is $440,627 while the median value for Units is $247,647.
- Houses have a median rent of $330.
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