OFF MARKET

45 Walter Raleigh Crescent
Hollywell QLD 4216

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 207m2
Land area: 602m2
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Last updated 11 Nov 2024
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Property Details for 45 Walter Raleigh Cres, Hollywell

45 Walter Raleigh Cres, Hollywell is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 602m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Floor Size
207m2
Land Size
602m2
Local Government
Gold Coast City
Lot/Plan
176/RP166202

Last Listing description (November 2022)

* DUAL / TRIPLE LIVING RESIDENCE
* LONG / SHORT TERM RENTAL
* POSITIVE CASH FLOW + STRONG CAPITAL GROWTH POTENTIAL

Unit 1: Approximately $700/week (based on short term lease)
Unit 2: Approximately $800/week (based on short term lease)
House (3 bedroom + 2 studies, 2 bathrooms): Approximately $1,100/week (based on long term lease)

Located in the heart of Hollywell is this trendy fully renovated residence. The home invites you in with warm timber style flooring, through to the designer kitchen with Caesar stone bench tops and rainbow onyx splash back - this home is its own masterpiece.

The home offers plenty of space for a growing family with an open floor plan which flows seamlessly onto the north facing outdoor entertaining deck and patio.

The two self-contained units are perfect for dual/triple living. Currently they are used for short-term rentals, which generate a lucrative passive income for the homeowner.

This home is close to all amenities, only a 1km walk to the Broadwater and the village atmosphere of Paradise Point with its trendy cafes and restaurants.

Hollywell is a sweet suburb at the northern end of the Gold Coast. The suburb lies on the Broadwater, and it is well serviced by boat ramps and marinas.

Main Features:

5 x bedrooms (3 with ensuites)
4 x fully renovated bathrooms
2 x studies/home office/workshop
Designer kitchen with Caesarstone tops and rainbow onyx splashback
Open plan living and dining area with north aspect
Fantastic outdoor entertaining area with timber decking, and paved patio.
Sparkling sun-drenched saltwater swimming pool
Air-conditioning and ceiling fans in every bedroom and living area
Separate laundry
Double carport
Large garden shed
Energy efficient / eco-friendly with insulation, solar hot water, water tank + spear pump
Private fully fenced garden block 602m2 approx.

Don't waste a minute to inspect this rare property, as it will go quickly! Live your life in convenience and comfort while laughing all the way to the bank.

Fees and rates:
Council rate: Approximately $2,068/year
Water and Sewerage: Approximately $325/Quarter

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property History for 45 Walter Raleigh Cres, Hollywell, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,350,000
18 Oct 2022
Listed for Rent
$800/w
01 Feb 2021
  • 18 Oct 2022
    Sold for $1,350,000
  • 27 Nov 2021
    Sold for $1,150,000
  • 11 Jan 2021
    Listed for Rent $800 / week
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About Hollywell 4216

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:

  • The median value for Houses in Hollywell is $1,444,857 while the median value for Units is $1,470,595.
  • Houses have a median rent of $850 while Units have a median rent of $695.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Hollywell on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Hollywell.

Suburb Insights for Hollywell 4216

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.