SOLD
Sold on 07 May 2024 for $2,300,000

119 Bulcock Street
Caloundra QLD 4551

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 516m2
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Property Details for 119 Bulcock St, Caloundra

Building Type
Commercial
Land Size
516m2
Local Government
Sunshine Coast Regional
Lot/Plan
155/RP169704

Last Listing description (June 2024)

Ideally located in close proximity to Bulcock Beach, Pumicestone Passage, at the gateway of Caloundra CBD; the sale of 119 Bulcock Street represents a rare investment opportunity.

~ Long-standing tenant 'Beach Beat Caloundra' has occupied the building for over 30 years

~ Prime exposure to high traffic flows on Bulcock Street, the primary shopping centre in the area
~ Future re-development opportunity for site amalgamation and development to twenty-five metres high, coupled with growing population and tourist members (STCA)
~ 5 year lease until 30 June 2026 plus 3 x 5 year options
~ Net income $144,000 per annum*

Land Area: 516sqm*
Building Area: 380sqm*

*Denotes approx.

Quote this reference when enquiring on this property: BULC119

(If this property is being sold by Auction or without a price, a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.)

Property History for 119 Bulcock St, Caloundra, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$2,300,000
07 May 2024
  • 07 May 2024
    Sold for $2,300,000
  • 26 Feb 2024
    Listed for Sale $2,600,000
  • 01 May 2021
    Sold for $900,000
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About Caloundra 4551

The size of Caloundra is approximately 3.2 square kilometres. It has 8 parks covering nearly 36.9% of total area. The population of Caloundra in 2011 was 3,558 people. By 2016 the population was 3,914 showing a population growth of 10.0% in the area during that time. The predominant age group in Caloundra is 60-69 years. Households in Caloundra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caloundra work in a trades occupation. In 2011, 48% of the homes in Caloundra were owner-occupied compared with 49.9% in 2016.

Caloundra has 3,763 properties. Over the last 5 years, Houses in Caloundra have seen a 69.19% increase in median value, while Units have seen a 90.11% increase. As at 31 October 2024:

  • The median value for Houses in Caloundra is $939,798 while the median value for Units is $859,836.
  • Houses have a median rent of $620 while Units have a median rent of $575.
There are currently 35 properties listed for sale, and 22 properties listed for rent in Caloundra on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Caloundra.

Suburb Insights for Caloundra 4551

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Contact agent
Andrew Douglas
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Paul Bell
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Henzells Agency
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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.