OFF MARKET

48 Lakeway Drive
Cooroibah QLD 4565

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 4679m2
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Last updated 16 Sep 2024
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Property Details for 48 Lakeway Dr, Cooroibah

48 Lakeway Dr, Cooroibah is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 4679m2. While the property is not currently for sale or for rent, it was last sold in January 2012.

Building Type
House
Land Size
4679m2
Local Government
Noosa
Lot/Plan
4/SP110391

Last Listing description (August 2023)

48 Lakeway Drive is now available for sale and is a rare item as it is one of the only properties in Cooroibah currently suitable for commercial activities. Although not currently configured as such the building is similar proportions to a small size 3 bedroom home.

The modern rendered facility has plenty of attributes already in place which would suit many applications:

| 4679m2 Private natural block

| Bitumen car parking with entry gate & wheelchair parking
| App 15m x 15m building with separate office & Wheelchair access toilet
| Spacious kitchen with stainless steel appliances Omega & Bosch
| Full security system & fully air-conditioned by Daikin
| Large open room with sealed flooring extensive lighting
| Side access roller door for deliveries
| Auto-Ingress automatic Door

Previously occupied by a local charity group, the property now comes under the Neighbourhood Centre zoning. In recent discussions with town planning section of Noosa Council, this property will be suitable for a myriad of business concepts and council may consider applications such as:

| Veterinarian, Health, and Medical
| Dining and Beverage
| Community, education or cultural
| General store, business, tourism and much more

Cooroibah is a great residential area with no active business servicing local families. A recent survey we conducted with residents came up with what they would like to see in their suburb. Results include:

| Fish and chips, Pizza Shop
| Bottleshop or bar
| Family day care/child care centre
| Convenience shop
| Training centre
| Gym and dance school
| Coffee shop and Storage centre

Some other options which may suit your requirements would be to convert one section into a residence and live onsite where you can operate your business. Being under 500m to the beach and boat ramp at Cooribah the popular area has a council BBQ/picnic area and park. Cooribah has in excess of 1750 residents, and over 490 families with a median age of 43 years. There are approx. 838 properties in the suburb, and it is noted for its natural green corridors and national parks.* (All data supplied by Census 2011). Noosa Council planning dept 53 296 245 can give you more specifics on future use. (All business concepts are subject to council application and approval)

Property History for 48 Lakeway Dr, Cooroibah, QLD 4565

A timeline of how this property has performed in the market
Last Sold
$540,000
30 Jan 2012
  • 29 Aug 2023
    Listed for Sale Not Disclosed
  • 18 Feb 2021
    Sold for $650,000
  • 30 Apr 2019
    Listed for Sale $580,000
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About Cooroibah 4565

The size of Cooroibah is approximately 32.3 square kilometres. It has 8 parks covering nearly 17.3% of total area. The population of Cooroibah in 2011 was 1,742 people. By 2016 the population was 2,051 showing a population growth of 17.7% in the area during that time. The predominant age group in Cooroibah is 50-59 years. Households in Cooroibah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooroibah work in a trades occupation. In 2011, 83% of the homes in Cooroibah were owner-occupied compared with 82.3% in 2016.

Cooroibah has 865 properties. Over the last 5 years, Houses in Cooroibah have seen a 85.93% increase in median value, while Units have seen a 307.19% increase. As at 31 August 2024:

  • The median value for Houses in Cooroibah is $1,407,700 while the median value for Units is $2,819,282.
  • Houses have a median rent of $1,025.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Cooroibah on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Cooroibah.

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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.