5 Camelot Cres, Hollywell is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1985. The property has a land size of 661m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
You will need to act fast to secure this unbeatable waterfront buying opportunity.
Rarely does a property come to market that offers so much scope for assured capitalisation, with the potential to afford you an enviable lifestyle.
Set in a totally unique position, overlooking a wide water junction with far reaching superior water views to the east and direct boating access to the beautiful Broadwater.
This classic brick and tile home incorporates quality build elements with intelligent design initiatives in it's original brief... the vast open plan living concept, coupled with high ceilings throughout further amplifies the sense of space on offer.
A large waterside deck creates an idyllic viewing platform to take in the surrounding waterfront vista.
Boating enthusiast's will love having a choice of your own private pontoon and boat ramp to launch a variety of watercraft from.
The position is priceless, only a few hundred metres to the Broadwater by boat, and a short stroll to Paradise Point to the north... with pristine parklands, swimming enclosure, sailing club, sporting oval, playgrounds with BBQ's and gym equipment.
This waterside village is host to various chic and casual dining venues as well as providing a variety of convenience and specialty shopping.
The Runaway Bay marina and shopping complex are only a couple of minutes by car to the south.
Schooling, public transport, major sporting infrastructure, and recreational clubs are all within easy reach.
Astute buyers looking for a prime position land holding will benefit from delivering a soft cosmetic enhancement in order to maximise rental returns whilst creating the precedent for strong future capital gains.
Alternatively you may wish to undertake a more significant upgrade to make this your new dream home whilst generating an accelerated value add opportunity with the assurance of immediate financial gains.
An immediate inspection will provide you with an intense sense of urgency to act, upon the realisation of what a unique buying opportunity you are being presented with, in this highly sought after location optimised by the scarcity of this rarely available water aspect.
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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