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Sold on 26 Aug 2024 for $1,350,000

10/5 Canberra Terrace
Kings Beach QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 164m2
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Property Details for 10/5 Canberra Tce, Kings Beach

10/5 Canberra Tce, Kings Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Kings Beach in the last 12 months.

Building Type
Unit
Floor Size
164m2

Last Listing description (August 2024)

Nestled atop the sought-after Iconic Lighthouses complex, 10/5 Canberra Terrace stands as a testament to refined coastal living, offering a spectacular lifestyle opportunity for discerning downsizers, astute investors, and owner-occupiers alike.

This stunning third-floor apartment occupies a prime position in the heart of Kings Beach, QLD, boasting elevated, breath-taking easterly ocean views. The residence enjoys a remarkable 164 square metres of space, featuring three beautifully appointed bedrooms, two modern bathrooms, and secure parking for one vehicle.

Upon entering, you are greeted by an expansive living area bathed in natural light, with seamless flow to a magnificent sun-drenched balcony. Here, privacy is paramount, and the uninterrupted 180-degree ocean vistas provide a tranquil backdrop for relaxation and entertainment.

The master bedroom serves as a luxurious retreat, complete with ensuite, built-in robes, split system air conditioning, and exclusive balcony access. The sophisticated kitchen is equipped with stone benchtops, an island bench, and high-quality finishes, offering both functionality and elegance.

Beyond the apartment's walls, Kings Beach presents an array of vibrant attractions. Dine in exceptional restaurants, explore boutique shops, and soak in the rich historical charm with the old Caloundra Lighthouse as your neighbour.

This exceptional property is more than a home; it's an invitation to indulge in a premier coastal lifestyle. Whether you seek a lucrative investment or a permanent seaside sanctuary, 10/5 Canberra Terrace is a rare gem on the Sunshine Coast, awaiting your arrival. Don't let this unparalleled opportunity slip through your fingers.

Whether you are an investor looking for an exciting prime location for revenue return or an owner occupier looking to live in a vibrant hub close to fantastic dining options and boutique shops, this is a high calibre property not to be missed.

Site
* Iconic Building
* Just moments to the surf and sand
* Bluechip Kings Beach Location
* Highest point in Kings Beach
* Stone's throw to world renowned Kings Beach
* Minutes to Happy Valley and Bulcock Beach
* In-ground swimming pool, manicured gardens
* Fully fenced
* Secure lift & intercom security
* Secure Single Car Lock up in enclosed garage
* Visitor parking

Residence
* Secure gated entrance to apartment
* Generous outdoor balcony with glorious views over Kings Beach and Moreton Island
* Functional kitchen, stone benchtops, Island Bench, quality appliances and ample cabinetry and cupboard space
* Master bedroom comes complete with ensuite, built in robes, ceiling fan, air conditioning and independent access to the generous balcony
* Generous sized guest bedrooms both with built in robes, ceiling fans and views.
* Independent toilet
* Dining nook
* Great sized main bathroom with laundry
* Split system air conditioning to main living, dining and master bedroom
* Crimsafe screens
* NBN ready

Facilities
* Adjacent to Kings Beach and Boardwalk
* Boating, fishing and water sports on your doorstep
* Close to Caloundra Golf Club, educations hubs, public transport and downtown Caloundra
* Approx. an hour's drive to Brisbane and both the Domestic and International Airports
* Perfectly located, approx. hour's drive from Brisbane and Noosa, and Approx. 30 minutes from both coastal and hinterland hotspots including Mooloolaba, Maroochydore, the Sunshine Coast Airport and Glass House Mountains.
* Close to the Sunshine Coast Hospital and University Precincts

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Property History for 10/5 Canberra Tce, Kings Beach, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$1,350,000
26 Aug 2024
  • 20 Aug 2024
    Sold for $1,350,000
  • 17 Jul 2024
    Listed for Sale Offers Over $1,299,000
  • 08 Sep 2022
    Listed for Sale Auction
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About Kings Beach 4551

The size of Kings Beach is approximately 0.6 square kilometres. It has 3 parks covering nearly 12.2% of total area. The population of Kings Beach in 2011 was 2,528 people. By 2016 the population was 2,775 showing a population growth of 9.8% in the area during that time. The predominant age group in Kings Beach is 60-69 years. Households in Kings Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kings Beach work in a professional occupation. In 2011, 40% of the homes in Kings Beach were owner-occupied compared with 43% in 2016.

Kings Beach has 3,151 properties. Over the last 5 years, Houses in Kings Beach have seen a 41.03% increase in median value, while Units have seen a 92.02% increase. As at 30 November 2024:

  • The median value for Houses in Kings Beach is $902,694 while the median value for Units is $881,983.
  • Houses have a median rent of $635 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and 8 properties listed for rent in Kings beach on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Kings beach.

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Natascha Drexel-Munro
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Carola Drexel
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Ray White Caloundra
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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.