65 Casuarina StreetHolloways Beach QLD 4878
Property Details for 65 Casuarina St, Holloways Beach
65 Casuarina St, Holloways Beach is a 6 bedroom, 6 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom BlockOfUnits sold in Holloways Beach in the last 12 months.
Last Listing description (September 2024)
SOLD with multiple offers above expectations within a week
Offered for the first time since construction, this rare full unit block enjoys a prime position on the Holloways Beach waterfront and offers 4 units on a single title - 2x 2 bedroom, 2x 1 bedroom.
Of circa 1975 vintage, the complex is of block construction, with clay brick veneer to the front. Each level features 2 apartments, with 2 bedroom units to the front and 1 bedrooms to the rear, with a shared ground floor laundry and patio access for all units.
Internally, the units are if not original, then at least some time past their last refresh and while liveable (and currently tenanted) would be ripe for a modern update to bring their condition and amenity to a level commensurate with a location where you can hear the ocean at night, and watch the waves by day.
Set on a 607m2 allotment, there is a detached 5 bay carport to the rear but ready room to improve, with the potential to refurb to a whole new standard, suitable for either long term rental or to reap the benefits of the higher returns available via holiday letting. Right across from the sands, the property is within walking distance of restaurants and bottle shop, 10 minutes' drive from the airport and just 20 minutes from the Cairns CBD.
Being circa 50 years old, this is not new and shiny, but is in an incredible position, with solid original construction and offered at a price well below replacement cost in today's market. To answer the question everyone would want to know - the property was not damaged by flooding in last year's event.
Land Size - 607m2
Council Rates - $6,400 per half year
Catchments - Machans Beach State School, Cairns State High School
Leases - Unit 1 periodic lease @$320 per week, Unit 2 periodic lease at $300 per week, Unit 3 owner occupied, Unit 4 periodic @$250 per week.
Buyers are invited to submit their best offers over $1,000,000 by 4pm, 5 September 2024.
The seller reserves the right to accept an offer prior to the close date - so be quick.
Inspections will be strictly by appointment.
*approximately
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
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Property History for 65 Casuarina St, Holloways Beach, QLD 4878
- 06 Sep 2024Sold for $1,055,000
- 20 Aug 2024Listed for Sale Under Contract with Tom Quaid
- 06 Aug 2015Listed for Rent - Price not available
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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 1,437 properties. Over the last 5 years, Houses in Holloways Beach have seen a 47.26% increase in median value, while Units have seen a 80.07% increase. As at 31 October 2024:
- The median value for Houses in Holloways Beach is $585,892 while the median value for Units is $359,146.
- Houses have a median rent of $500 while Units have a median rent of $443.
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