Lot 10 Pope Ave, Burnside is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 825m2.
These modern, innovative and creatively designed duplexes bought together are well suited for SMART investors, small time developers or families wanting to share pro?t. Or if purchased individually, they each offer great value for first home buyers, downsizers and investors looking for a low entry positive cash flow property.
With their brand new, full turn-key features and no more money to spend they will be ready to occupy or rent immediately upon completion. Highly elevated with a relaxing hinterland outlook, this property is only a 15 minute drive from Sunshine Coast surf beaches, the natural wonders of the Glasshouse Mountains, Montville and Maleny and an hour from Brisbane.
These Duplex Units are expected to have a resell value of $469,000-$485,000 each after completion, which is an combined upside potential of $90,000 to $122,000. Furthermore, they have been independently appraised with a rental expectation of $470-$480/week EACH.
The size of Burnside is approximately 4.8 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Burnside in 2011 was 1,948 people. By 2016 the population was 2,393 showing a population growth of 22.8% in the area during that time. The predominant age group in Burnside is 0-9 years. Households in Burnside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burnside work in a trades occupation. In 2011, 71.5% of the homes in Burnside were owner-occupied compared with 75.9% in 2016.
Burnside has 1,431 properties. Over the last 5 years, Houses in Burnside have seen a 83.27% increase in median value, while Units have seen a 76.43% increase. As at 31 October 2024:
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