39 Moreton ParadeKings Beach QLD 4551
Property Details for 39 Moreton Pde, Kings Beach
39 Moreton Pde, Kings Beach is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1960. The property has a land size of 610m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (April 2021)
These double block sites dont come to market every day! This large and centrally located high density zoned site will achieve some great views its estimated from 2nd or 3rd levels upwards. 1,220m2 of land in total across the 2 lots. Currently four tenancies in place returning a gross income of almost $70k per annum at present. Lease details available on request.
In terms of location you cant get much more central to everything the amazing lifestyle has on offer at Kings Beach & Caloundra - these are the distances to some notable landmarks/locations:
Kings Beach: 250m
Bulcock Beach: 600m
Top of main street & Sunday markets: 220m
IGA: 320m
These two properties are being offered as one site and with the obvious development potential (subject to council approval) we expect to see some strong interested. The lack in supply of new residential units as well as increasing prices and demand makes this site an attractive development opportunity.
Get in quick to secure this fantastic versatile site. Develop now or buy and hold with the four reliable tenants in place.
Tender closes 1 April 2021.
Disclaimer:
During the COVID-19 pandemic we are taking additional steps to make sure everyone can stay healthy and safe when inspecting properties. We ask that you dont attend any of our open homes or private inspections if you:
1. are suffering from flu-like symptoms or are unwell,
2. have been in contact with a case of COVID-19 (coronavirus),
3. have been overseas in the past two weeks (you are required to be in self-isolation),
4. have been in a COVID-19 hot spot, Brisbane, New South Wales or Victoria in the past 14 days
Property History for 39 Moreton Pde, Kings Beach, QLD 4551
- 05 Mar 2021Sold for $1,150,000
- 12 Feb 2021Listed for Sale Tender - Closing 1 April
- 16 Dec 2015Sold for $622,500
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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 3,149 properties. Over the last 5 years, Houses in Kings Beach have seen a 47.02% increase in median value, while Units have seen a 90.21% increase. As at 31 October 2024:
- The median value for Houses in Kings Beach is $932,775 while the median value for Units is $857,132.
- Houses have a median rent of $645 while Units have a median rent of $600.
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