17 Olivine StreetCooroy QLD 4563
Property Details for 17 Olivine St, Cooroy
17 Olivine St, Cooroy is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1012m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (March 2023)
A delightfully renovated three bedroom home on a whopping 1000m2 of sub-dividable land with two street frontage. Curious? Let me explain further
Ideal for a family who have dreamt of the perfect white picket fence in a hinterland setting. Rolling green grassy backyard, short stroll to the Cooroy town centre and in a quiet leafy position.
The home, completely renovated with three bedrooms, two bathrooms, a Plungie for a cooldown and an open plan living. The home has been cleverly positioned on a quarter of the parcel allowing 3 more dwellings to be constructed for maximum yield.
Let me tell you more about the potential of the land With double street frontage to the Lane behind, a multi-strata title units is possible, or development of a duplex off the Lane. With a clever design, another townhouse can be constructed where the carport is currently situated, creating a maximum return.
Or, enjoy a beautiful large backyard and perfect home and save the development for later.
Features at a glance:
3 bed 2 bath
1012m2
An extra high double carport perfect for any caravan, boat or motor-home
Plungie pool
Stone bench tops
Gas stove
Vj panelling throughout
Exposed rafters in living
Ducted aircon & ceiling fans
Crimsafe screens throughout
Separate laundry
Garden shed
Complete renovation
Mixed species Australian hardwood on exterior
Floor to ceiling tiles in bathrooms
multi-strata title units - approved for up to 5 units
Development ready
Lets breakdown the potential a little.
With regards to the guide price, you could be the lucky one to buy a brand new three bedroom home for $900k but with the potential 500m2 development site for the extra $200k. Why buy anywhere else when you can maximise your value here at 17 Olivine Street. Ask James for more if this intrigues you!
Located so close to town, you won't need to take the car, and just a few metres to the popular Copperhead Brewery and Restaurant - imagine that extra drink or two without worrying about a lift home - all the delights of Cooroy can be accessed on foot.
It's only 10 minutes' drive to Tewantin and Noosa Marina, and 20 minutes to Noosa Heads; you can catch the train to Brisbane from the Cooroy station, or head down the motorway to Brisbane CBD in approximately 90 minutes.
This property has a potential rental return of $800 - $850 per week!
For private inspections only, Call James Henley on 0416 052 032.
Property History for 17 Olivine St, Cooroy, QLD 4563
- 04 Oct 2022Sold for $1,090,000
- 26 Jul 2022Listed for Sale Price Guide $1.1m +
- 29 Sep 2021Sold for $766,000
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0About Cooroy 4563
The size of Cooroy is approximately 27.5 square kilometres. It has 10 parks covering nearly 2.3% of total area. The population of Cooroy in 2011 was 3,459 people. By 2016 the population was 3,770 showing a population growth of 9.0% in the area during that time. The predominant age group in Cooroy is 60-69 years. Households in Cooroy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooroy work in a trades occupation. In 2011, 71% of the homes in Cooroy were owner-occupied compared with 72.9% in 2016.
Cooroy has 2,419 properties. Over the last 5 years, Houses in Cooroy have seen a 85.71% increase in median value, while Units have seen a 68.26% increase. As at 31 October 2024:
- The median value for Houses in Cooroy is $1,080,228 while the median value for Units is $516,872.
- Houses have a median rent of $735 while Units have a median rent of $600.
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