15/7 Seacove LaneCoolum Beach QLD 4573
Property Details for 15/7 Seacove Lane, Coolum Beach
15/7 Seacove Lane, Coolum Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 92m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Coolum Beach in the last 12 months.
Last Listing description (February 2024)
Seacove Resort is ideally located and tucked away in a peaceful spot, alongside the tranquil Stumers Creek and surrounded by coastal bushland. The centre of Coolum Beach is a 10-minute walk away - with amenities including the surf club, restaurants, cafes, parks and a Coles supermarket - while the beach is only about a 5-minute stroll.
You have the opportunity to acquire a top-floor, dual-key apartment within the resort with indicative potential rent of $450 per week for the main one-bedroom unit and $350 per week for the neighbouring studio unit. That's a total potential rental income of $800 per week - or $41,600 per year - which represents an extraordinary return.
Here are the features at a glance:
Unit A:
1 bedroom
1 bathroom
1 covered car space
Air conditioning
Front balcony
Kitchen
Vinyl flooring
Spacious lounge
Potential rental return $450pw
Unit B:
Studio apartment
Kitchenette
Air conditioning
1 bathroom
Back balcony
Potential rental return $350pw
The dual-key design provides maximum flexibility. You could rent both units on a permanent basis or holiday let each of them. Alternatively, you could live in one and rent the other.
Estimated expenses per annum:
Body corp: $7,939
Council rates: $2,600
Property History for 15/7 Seacove Lane, Coolum Beach, QLD 4573
- 02 Feb 2024Sold for $525,000
- 06 Feb 2023Listed for Sale $495,000 NEG
- 08 Mar 2006Sold for $267,500
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0About Coolum Beach 4573
The size of Coolum Beach is approximately 27.3 square kilometres. It has 29 parks covering nearly 56.6% of total area. The population of Coolum Beach in 2011 was 7,905 people. By 2016 the population was 8,493 showing a population growth of 7.4% in the area during that time. The predominant age group in Coolum Beach is 40-49 years. Households in Coolum Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolum Beach work in a professional occupation. In 2011, 59% of the homes in Coolum Beach were owner-occupied compared with 62.6% in 2016.
Coolum Beach has 6,300 properties. Over the last 5 years, Houses in Coolum Beach have seen a 102.07% increase in median value, while Units have seen a 101.32% increase. As at 31 October 2024:
- The median value for Houses in Coolum Beach is $1,384,929 while the median value for Units is $964,113.
- Houses have a median rent of $750 while Units have a median rent of $675.
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