OFF MARKET

3/15 Pacific Drive
Blacks Beach QLD 4740

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Land area: 74m2
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Last updated 14 Oct 2024
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Property Details for 3/15 Pacific Dr, Blacks Beach

3/15 Pacific Dr, Blacks Beach is a 5 bedroom, 3 bathroom Unit and was built in 1980. The property has a land size of 74m2. While the property is not currently for sale or for rent, it was last sold in May 2007.

Building Type
Unit
Year Built
1980
Land Size
74m2
Local Government
Mackay Regional
Lot/Plan
3/BUP71179

Last Listing description (September 2021)

Imagine yourself living right next to the beach and managing your investment, or passively allowing the income to flow in regardless of what is happening in the world - people always need somewhere to live.

The proof is right here !
As a passive investment by absent vendor the monthly rental cheque of over $4500 continue to rolls in, for doing absolutely nothing...

yes that's right - you can sit on the couch and have these returns !!!

On offer is:
- 3 totally separate self contained units each with own entry on the ONE title consisting:
- 1 x 3 bedroom unit (1 bathroom, full kitchen, furnished, air conditioned with 5kw solar system )
- 2 x studio units (each has its own kitchenette and bathroom, furnished, air conditioned)
Share laundry / linen store/ office/reception area also on same title (offering many options for this space)

Optional extra Spa Unit.
Vendor offering the option to purchase an additional unit (spa unit) on separate title with consistently good returns as holiday let and currently tenanted to increase your portfolio and returns.

All units are furnished and set up ready to continue business with tenancies in place earning $60,000 per year, but the option is there to short term holiday let OR for an entrepreneur run office/reception and studio units as another type of business.
E.g.
a health/beauty studio with separate treatment rooms

The small complex also offers swimming pool, tennis court, undercover entertaining area and peace and quiet of the seaside area all within 15 minutes drive of CBD.

Property History for 3/15 Pacific Dr, Blacks Beach, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$233,000
29 May 2007
Listed for Rent
$160/w
23 Jun 2015
  • 29 Mar 2018
    Listed for Sale $630,000
  • 05 Jun 2015
    Listed for Rent $160 / week
  • 03 Jun 2014
    Listed for Rent $160 / week
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About Blacks Beach 4740

The size of Blacks Beach is approximately 6.5 square kilometres. It has 7 parks covering nearly 4.3% of total area. The population of Blacks Beach in 2011 was 2,871 people. By 2016 the population was 3,847 showing a population growth of 34.0% in the area during that time. The predominant age group in Blacks Beach is 0-9 years. Households in Blacks Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blacks Beach work in a trades occupation. In 2011, 53.2% of the homes in Blacks Beach were owner-occupied compared with 37.3% in 2016.

Blacks Beach has 1,869 properties. Over the last 5 years, Houses in Blacks Beach have seen a 50.59% increase in median value, while Units have seen a 63.60% increase. As at 30 September 2024:

  • The median value for Houses in Blacks Beach is $577,262 while the median value for Units is $393,614.
  • Houses have a median rent of $570 while Units have a median rent of $490.
There are currently 24 properties listed for sale, and 5 properties listed for rent in Blacks beach on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Blacks beach.

Suburb Insights for Blacks Beach 4740

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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.