OFF MARKET

19/7 Seacove Lane
Coolum Beach QLD 4573

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 64m2
Land area: 92m2
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Property Details for 19/7 Seacove Lane, Coolum Beach

19/7 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 November 2022.

Building Type
Unit
Year Built
2002
Floor Size
64m2
Land Size
92m2
Local Government
Sunshine Coast Regional
Lot/Plan
19/SP153303

Last Listing description (December 2022)

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
Balcony overlooking the resort pool
Kitchen
Vinyl flooring
Spacious lounge
Potential rental return $450pw

Unit B:
Studio apartment
Kitchenette
Air conditioning
1 bathroom
Beautiful bush and river outlook
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: $7,350
Council rates: $2,200

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Property History for 19/7 Seacove Lane, Coolum Beach, QLD 4573

A timeline of how this property has performed in the market
Last Sold
$515,000
17 Nov 2022
  • 17 Nov 2022
    Sold for $515,000
  • 03 Nov 2022
    Listed for Sale Offers Over $499,000
  • 03 Aug 2004
    Sold for $278,000
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About 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 6,357 properties. Over the last 5 years, Houses in Coolum Beach have seen a 99.15% increase in median value, while Units have seen a 92.56% increase. As at 31 July 2024:

  • The median value for Houses in Coolum Beach is $1,360,530 while the median value for Units is $923,558.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 58 properties listed for sale, and 14 properties listed for rent in Coolum beach on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Coolum beach.

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