12 Bamboo St, Holloways Beach is a 7 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1985. The property has a land size of 683m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Located only a couple of minutes' walk to the fabulous foreshore of Holloways Beach and the myriad restaurants and shops of the village, this triplex has always been fully tenanted.
Comprising one X three bed, one bath unit and two X two bed, one bath units on a 683m2 single title corner allotment, this is a bullet proof investment. Built of concrete block with a steel roof and a single three bay carport, the structure is sound and easily maintained.
Currently returning $715 per week, there is still plenty of scope for a higher return and extra value add opportunities for the property itself.
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 1,432 properties.
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