SOLD
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Sold on 14 Oct 2024 - Price Unavailable

114A Waverley Street
Bucasia QLD 4750

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Land area: 1470m2
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Property Details for 114a Waverley St, Bucasia

114a Waverley St, Bucasia is a 4 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1470m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom BlockOfUnits sold in Bucasia in the last 12 months.

Building Type
BlockOfUnits
Land Size
1470m2
Local Government
Mackay Regional
Lot/Plan
3/RP721679

Last Listing description (October 2024)

This exceptional property offers four fully-tenanted studio units located right on the sought-after Bucasia Beach Esplanade. Generating an impressive rental income, this is a solid investment opportunity for savvy buyers.
Key Highlights:
- 4 studio units currently under professional management

- New roof on apartment building in 2023
- Lucrative annual returns, with capacity to increase with improvements on the property
- Generous 1,470sqm residential medium-density land, offering potential to build your dream home or develop up to two additional units (STCA)
- Uninterrupted access to the ocean buffer zone and a convenient walkway to Bucasia Beach
- Renovations have been completed for all bathrooms and kitchens around 10 years ago
- Undercover parking is available, with 4 dedicated parking spaces
- Additional secure storage available and is connected to the shared laundry facility.
With Beach front access to the picturesque Bucasia Esplanade, tenants can enjoy morning and evening strolls along the beach and the convenience of being minutes away by foot, from one of Mackay's favourite dining spots, the 'Beachfront Bar & Restaurant'. Local shops such as your local IGA, amenities, public transport links, schools and prime fishing spots and a boat ramp only a short drive away, this property offers an enviable lifestyle that will continue to attract steady rental interest.
With room for further development, this is a rare chance to secure a versatile investment in a high-demand location. The motivated sellers are ready to move on, presenting an opportunity you don’t want to miss! Booking by appointment only, so give us a call today to arrange a time!
Disclaimer: The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

Property History for 114a Waverley St, Bucasia, QLD 4750

A timeline of how this property has performed in the market
Last Sold
14 Oct 2024
  • 14 Oct 2024
    Sold
  • 24 Sep 2024
    Listed for Sale Offers over $625,000
  • 14 Dec 2019
    Listed for Rent - Price not available
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About Bucasia 4750

The size of Bucasia is approximately 10.5 square kilometres. It has 10 parks covering nearly 4% of total area. The population of Bucasia in 2011 was 4,257 people. By 2016 the population was 4,786 showing a population growth of 12.4% in the area during that time. The predominant age group in Bucasia is 0-9 years. Households in Bucasia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bucasia work in a trades occupation. In 2011, 69.6% of the homes in Bucasia were owner-occupied compared with 61.4% in 2016.

Bucasia has 2,151 properties. Over the last 5 years, Houses in Bucasia have seen a 63.48% increase in median value, while Units have seen a 80.51% increase. As at 31 October 2024:

  • The median value for Houses in Bucasia is $611,348 while the median value for Units is $260,774.
  • Houses have a median rent of $605 while Units have a median rent of $380.
There are currently 27 properties listed for sale, and 5 properties listed for rent in Bucasia on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Bucasia.

Suburb Insights for Bucasia 4750

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Contact agent
Melany Pollock
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First National Sarina
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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.