10 Coconut StreetHolloways Beach QLD 4878
Property Details for 10 Coconut St, Holloways Beach
10 Coconut St, Holloways Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 900m2. While the property is not currently for sale or for rent, it was last sold in April 2015.
Last Listing description (July 2017)
Property Shop Northern Beaches is thrilled to bring to the sales market, this once in a lifetime opportunity to purchase the one-time Beachfront Hideaway . This former motel, located on absolute beachfront at Holloways Beach, sits majestically on an impressive 900 square metres. The current owner has completed extensive renovating, to include plumbing and electrical works and internal and external painting of the building within the last 12 months.
LOCATION Holloways Beach is situated on the northern beaches of Cairns. With a vibrant mix of houses and apartments, and a sprinkling of shops and cafes, it possesses a relaxed, laidback charm. Its locale cannot be beaten a beach suburb coupled with its close proximity to the airport, Cairns CBD and the proposed Aquis Great Barrier Reef Resort and Casino.
LIVING Comprised of 5 living quarters: two x 2 bedroom and three x 1 bedroom units. All are on single title, so no body corporate fees. All residences feature courtyards, with the rear unit possessing its own, spacious wooden deck. The property also boasts an in ground pool, courtyard style garden, undercover parking for 5 vehicles and a communal lounge. Direct access by walkway onto the beach.
INVESTMENT RETURNS All of the properties are currently managed by the Property Shop property management team. This can easily be transferred to the new owner. Unit 1 is tenanted at $250 per week, Unit 2 is tenanted at $250 per week, Unit 3 is tenanted at $265 per week, Unit 4 is currently undergoing a complete bathroom renovation and will be re-tenanted at $375 per week and Unit 5 is tenanted at $425 per week. Giving combined rental returns of $ 1565 per week.
For further information on this amazing investment opportunity, please call either Julie Johnston or Ben Johnston to discuss further.
Property History for 10 Coconut St, Holloways Beach, QLD 4878
- 21 Feb 2019Listed for Rent $280 / week
- 01 Apr 2015Sold for $1,100,000
- 25 Feb 2015Listed for Sale Not Disclosed
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About Holloways Beach 4878
The size of Holloways Beach is approximately 5.6 square kilometres. It has 11 parks covering nearly 6.4% of total area. The population of Holloways Beach in 2011 was 2,283 people. By 2016 the population was 2,365 showing a population growth of 3.6% in the area during that time. The predominant age group in Holloways Beach is 50-59 years. Households in Holloways Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Holloways Beach work in a professional occupation. In 2011, 57.3% of the homes in Holloways Beach were owner-occupied compared with 57.2% in 2016.
Holloways Beach has 1,433 properties.
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