51 Bells Reach Dr, Caloundra West is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 2017. The property has a land size of 622m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Nestled in a peaceful street just minutes from the beach, this contemporary, dual key residence presents a fabulous investment opportunity for astute investors or savvy homeowners seeking to create a supplementary side income. Its family-friendly location allows you to easily stroll to local parks, playgrounds and Izba Espresso Bells Reach, while Unity College and village shops are just minutes away.
Both properties are on one title and have complete separation with individual entrances. Presently tenanted and returning a combined weekly income of $835 per week, this property comprises a three-bedroom unit and a two-bedroom unit, both are complete with open plan living/dining spaces, quality kitchens and their own private outdoor area.
Upon entry into both units, you are greeted by bright and spacious interiors, while unit one also reveals a separate media room and a generously sized master bedroom featuring a walk-in wardrobe and an ensuite.
Other features of the home include:
Excellent portfolio addition, current lease is valid until end of June 2022
Three bedroom unit leased for $520pw, two bedroom unit leased for $315pw
Vast potential to increase rent to approximately $1000pw when the lease ends
Unmissable investment opportunity, great as a permanent or holiday rental
Beautifully appointed bathrooms, each residence has its own laundry facilities
Unit 1 has a double garage and wide side access for caravan or boat parking
Unit 2 has a single garage with internal entry and north facing alfresco area
Short drive into the centre of Caloundra and to a choice of local beaches
Other outgoings:
+/- RATES: $2,270 p/a
+/- WATER: $600 p/q
Presenting an outstanding income generating opportunity, this superb dual key property holds vast potential for both investors and owner occupiers.
Call Madi or Simon today to arrange your inspection!
Please note: Whilst all due diligence has been taken in the preparation of this document Fixed Price Realty can attach no guarantee regarding the contents and recommend purchasers conduct their own enquiries.
The size of Caloundra West is approximately 8.2 square kilometres. It has 16 parks covering nearly 6.3% of total area. The population of Caloundra West in 2011 was 4,065 people. By 2016 the population was 6,268 showing a population growth of 54.2% in the area during that time. The predominant age group in Caloundra West is 0-9 years. Households in Caloundra West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caloundra West work in a trades occupation. In 2011, 68.1% of the homes in Caloundra West were owner-occupied compared with 64.8% in 2016.
Caloundra West has 3,452 properties. Over the last 5 years, Houses in Caloundra West have seen a 73.48% increase in median value, while Units have seen a 75.34% increase. As at 31 August 2024:
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