12 Holly Ave, Hollywell is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 506m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Located within the highly sought-after eastern side of Bayview St at Hollywell is 12 Holly Ave. This duplex pair on 1 title is positioned a short 120m stroll from the Broadwater's beach and parkland. Each duplex features 2 bedrooms, 1 bathroom and open plan living/dining spaces. Partial renovation/improvements have been carried out to each duplex. This property will be sold with vacant possession, however a combined rental return of approximately $1000 per week is potentially achievable. This property is suitable for many different buying options, renovate, rent both out and land bank for the future, live in one and rent the other out, or maximize the potential of this fantastic quiet seaside location and build a brand-new duplex pair on this 506m2* block.
*The seller will consider offers prior to auction.
Features Include-
This property is being sold by Auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Due to State Government Legislative requirements, to bid at Auction photographic identification is required for registration. The deposit is due to be paid immediately after the fall of the hammer on Auction day unless other prior arrangements have been made.
The size of Hollywell is approximately 1.8 square kilometres. It has 5 parks covering nearly 33.9% of total area. The population of Hollywell in 2011 was 2,679 people. By 2016 the population was 2,834 showing a population growth of 5.8% in the area during that time. The predominant age group in Hollywell is 50-59 years. Households in Hollywell are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hollywell work in a professional occupation. In 2011, 73.9% of the homes in Hollywell were owner-occupied compared with 71.2% in 2016.
Hollywell has 1,447 properties. Over the last 5 years, Houses in Hollywell have seen a 102.30% increase in median value, while Units have seen a 106.63% increase. As at 31 October 2024:
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