16 West Burleigh RoadBurleigh Heads QLD 4220
Property Details for 16 West Burleigh Rd, Burleigh Heads
16 West Burleigh Rd, Burleigh Heads is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 405m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in January 2014.
Last Listing description (July 2024)
A rare and exclusive chance awaits you to secure a prime piece of real estate in the vibrant heart of Burleigh Heads, just 250 meters from the iconic James Street shopping and dining precinct. This unique property presents a trifecta of self-contained residences, each contributing to a lucrative total rental income of $1400 per week.
Comprising two spacious two-bedroom residences, each featuring a well-appointed bathroom, full kitchen, and an inviting open-plan living area, alongside a charming studio apartment, this property caters to a variety of tenants and lifestyle preferences. Currently, all three residences are tenanted, ensuring a steady and substantial rental return, making it an exceptional investment opportunity.
Beyond its immediate income potential, this property holds promise for future development. Subject to council approval, there is the exciting possibility of expanding and building additional units on the generous land parcel.
Situated in the heart of Burleigh Heads, residents of this property are treated to the convenience of a short stroll to trendy restaurants, cafes, and bars. The world-famous Burleigh Beach, the renowned surf break, and the picturesque Burleigh Heads National Park are also within easy reach. Stockland's Shopping Centre is just a walk away, offering diverse retail options, and public transport is conveniently accessible from your doorstep.
Key Features:
-Three self-contained residences
-Total rental income of $1400 per week
-Two two-bedroom residences with full amenities
-One cozy studio apartment
-Development potential, subject to council approval
-Proximity to James Street shopping precinct and dining hub
-Walking distance to Burleigh Beach, surf breaks, and national park
-Close to schools, markets, and public transport
Don't miss out on this golden opportunity to own a piece of prime real estate in one of the Gold Coast's most sought-after locations. For a firsthand experience of the potential this property holds.
Property History for 16 West Burleigh Rd, Burleigh Heads, QLD 4220
- 24 Apr 2024Listed for Sale Offers Over $2,195,000
- 08 Dec 2023Listed for Sale Offers Over $2,195,000
- 19 Apr 2023Listed for Sale Contact Agent
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0About Burleigh Heads 4220
The size of Burleigh Heads is approximately 10.2 square kilometres. It has 23 parks covering nearly 16% of total area. The population of Burleigh Heads in 2011 was 9,186 people. By 2016 the population was 10,063 showing a population growth of 9.5% in the area during that time. The predominant age group in Burleigh Heads is 30-39 years. Households in Burleigh Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burleigh Heads work in a professional occupation. In 2011, 59.3% of the homes in Burleigh Heads were owner-occupied compared with 60.2% in 2016.
Burleigh Heads has 9,256 properties. Over the last 5 years, Houses in Burleigh Heads have seen a 108.56% increase in median value, while Units have seen a 102.04% increase. As at 31 October 2024:
- The median value for Houses in Burleigh Heads is $1,688,660 while the median value for Units is $1,176,491.
- Houses have a median rent of $950 while Units have a median rent of $770.
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