53/7 Griffin AvenueBucasia QLD 4750
Property Details for 53/7 Griffin Ave, Bucasia
53/7 Griffin Ave, Bucasia is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 47m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (September 2017)
The Kohuna Resort - The unit is one of sixty, set in a popular and recently refurbished 10 acre beachfront resort with on-site access to a tennis court, swimming pools, barbeque areas, children's playground, restaurant, spa and off street parking. Close to Shopping Centres, Doctors and Chemist, all facilities are fully maintained.
Coming home to one of these units is like staying in paradise. Step out your front door and breathe the fresh salt air. Take the kids for a swim in the magnificent pool or a walk along the beach. Fall asleep to the sound of breaking waves.
The Unit - Your fully furnished, self contained and free standing bungalow-style unit is tastefully decorated, wheelchair friendly, air-conditioned with a kitchen-living area and separate bedroom and bathroom. The unit was recently renovated and comes with furnishings, kitchen utensils and full access to the resort facilities.
The resort has been revitalized under new management and the current renovation program is returning Kohuna to its former glory. Even better, a new Body Corporate Committee is working hard to upgrade the resort, significantly cut costs and reduce body corporate fees.
While these units are currently generating good long term rental returns, with the approval of major local developments such as the expansion of Abbott Point terminal and major nearby coal developments the market should benefit with demand for cheap housing and higher rentals.
Mackay has great prospects as an agricultural and tourist centre, as well as a mining hub and as prices are rock bottom (source REIQ) there has never been a better time to buy.
The owner of the unit is retiring and has decided to take the financial hit of greatly reduced unit losses. His loss can be your gain.
Living in Mackay does not get more affordable than this, let alone beach-front living. You could be paying off your own residence for less than your rent. However you look at it, at this price, this unit is a great lifestyle and a great investment.
Disclaimer; The vendors and/or their agents do not give any warranty as to errors or omissions, if any, in these particulars, which they believe to be accurate when compiled.
Property History for 53/7 Griffin Ave, Bucasia, QLD 4750
- 17 Aug 2022Sold for $99,500
- 11 Sep 2017Sold for $35,000
- 04 Mar 2016Listed for Sale $45,000
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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 2,147 properties. Over the last 5 years, Houses in Bucasia have seen a 67.26% increase in median value, while Units have seen a 87.71% increase. As at 31 December 2024:
- The median value for Houses in Bucasia is $631,173 while the median value for Units is $274,556.
- Houses have a median rent of $620 while Units have a median rent of $400.
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