OFF MARKET

2 Cockatoo Crescent
Forest Glen QLD 4556

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 323m2
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Property Details for 2 Cockatoo Cres, Forest Glen

2 Cockatoo Cres, Forest Glen is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 323m2.

Building Type
Unit
Land Size
323m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/SP277602

Last Listing description (May 2019)

Ideally situated on an 800m2 corner block in the sought after family friendly Forest Pines Estate, this well-appointed strata titled NRAS approved duplex offers the perfect investment or dual living opportunity within a ten minute drive of Maroochydore CBD and patrolled beaches.
Current NRAS approved leases in place to 7/5/2019 generating $652 per week in total rental return ($326 per week each) after the 25.1% NRAS tenant discount, tax free index linked government landlord incentive c$22,000per annum, with seven years remaining on the NRAS scheme and available to purchase individually.
Featuring a stylish and modern stone topped kitchen and bathrooms in each unit, along with a spacious open-plan living and dining area that flows onto separate covered outdoor entertaining areas, a master bedroom with ensuite bathroom and walk-in wardrobe, generous bedrooms with fitted wardrobes, a large family bathroom with separate toilet, laundry and integral double garage also in each unit. Additionally, Unit 1 has a fully fenced yard and Unit 2 has a fenced courtyard.

Positioned within a ten minute drive of the Sunshine Coast University, a seven minute drive from Buderim Village with its boutiques, cafes and restaurants, three minutes from the Bruce Highway and only sixty minutes from Brisbane Airport, makes this duplex a secure investment in an ideal location and a fantastic addition to any existing portfolio.
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Modern duplex on 800m2 corner block
NRAS approved with 7 years remaining
Both leased to 7/05/2019 at $652 per week
Tax free Index linked landlord incentive c$22kpa
Air-conditioned for year round comfort
Close to schools and University
Ten minutes to Maroochydore CBD and beaches
Sixty minutes to Brisbane Airport

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Property History for 2 Cockatoo Cres, Forest Glen, QLD 4556

A timeline of how this property has performed in the market
  • 27 Mar 2019
    Listed for Sale Offers Over $449,000 each

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About Forest Glen 4556

The size of Forest Glen is approximately 7.2 square kilometres. It has 3 parks covering nearly 2.7% of total area. The population of Forest Glen in 2011 was 790 people. By 2016 the population was 1,370 showing a population growth of 73.4% in the area during that time. The predominant age group in Forest Glen is 0-9 years. Households in Forest Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Glen work in a trades occupation. In 2011, 80.3% of the homes in Forest Glen were owner-occupied compared with 79.7% in 2016.

Forest Glen has 926 properties. Over the last 5 years, Houses in Forest Glen have seen a 49.93% increase in median value, while Units have seen a 77.85% increase. As at 31 October 2024:

  • The median value for Houses in Forest Glen is $985,265 while the median value for Units is $795,771.
  • Houses have a median rent of $750.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Forest glen on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Forest glen.

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