OFF MARKET

51 Bells Reach Drive
Caloundra West QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 129m2
Land area: 622m2
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Property Details for 51 Bells Reach Dr, Caloundra West

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.

Building Type
House
Year Built
2017
Floor Size
129m2
Land Size
622m2
Local Government
Sunshine Coast Regional
Lot/Plan
1196/SP281780

Last Listing description (May 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.

Property History for 51 Bells Reach Dr, Caloundra West, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$1,035,000
21 Mar 2022
Listed for Rent
$520/w
14 Jun 2021
  • 21 Mar 2022
    Sold for $1,035,000
  • 17 Feb 2022
    Listed for Sale Dual key property on one title
  • 11 Dec 2020
    Listed for Rent $480 / week
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About Caloundra West 4551

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:

  • The median value for Houses in Caloundra West is $892,514 while the median value for Units is $659,809.
  • Houses have a median rent of $660 while Units have a median rent of $593.
There are currently 25 properties listed for sale, and 8 properties listed for rent in Caloundra west on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Caloundra west.

Suburb Insights for Caloundra West 4551

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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.