2-4 Steen AvenueBucasia QLD 4750
Property Details for 2-4 Steen Ave, Bucasia
2-4 Steen Ave, Bucasia is a 11 bedroom, 7 bathroom BlockOfUnits with 7 parking spaces. The property has a land size of 1338m2 and floor size of 560m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 11 bedroom BlockOfUnits sold in Bucasia in the last 12 months.
Last Listing description (August 2024)
Introducing an exceptional investment opportunity at 2-4 Steen Avenue, Bucasia. This well-maintained block of lowset brick units presents a unique chance to acquire a diversified property portfolio under one title.
The property boasts a collective of 11 bedrooms and 7 bathrooms across a sizable 1338 square metre plot, perfectly suited to cater to a variety of tenants. The accommodation mix is composed of a 3 bedroom residence, two 2 bedroom residences, two 1 bedroom residences, and two self-contained studio residences, along with a shared laundry facility, ensuring broad appeal to potential renters.
Each of the seven units has been completely refurbished to a high standard, with a selection being partly furnished, fully furnished, and some left unfurnished, providing the new landlord with the flexibility to cater to market demands and expected rental income approx. $140,000 pa.
Located just a stone's throw from the picturesque Bucasia Esplanade, tenants can enjoy morning and evening strolls along the beach and the convenience of being seconds away 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 is sure to attract steady rental interest.
Parking is amply provided with seven dedicated spaces, and the excellent return on investment makes this a compelling proposition for any astute investor looking to expand their property portfolio.
Don't miss out on this incredible opportunity to invest in a robust real estate offering, where the convenience of location and the quality of living come together to provide an investment that is as sound as it is attractive.
Call Belair Goodrick 0481 275 202 or Greg Chappell 0408 775 810 to book an inspection!
Property History for 2-4 Steen Ave, Bucasia, QLD 4750
- 23 Jul 2024Sold for $1,300,000
- 10 Jul 2024Listed for Sale Offers by Expressions of Interest Prior to Auction
- 14 Jun 2024Listed for Rent $340 / week
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0About 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.
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