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Sold on 07 Aug 2024 for $950,000

268 Main Road
Kuluin QLD 4558

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 1032m2
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McGrath Buderim
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Property Details for 268 Main Rd, Kuluin

268 Main Rd, Kuluin is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2024. The property has a land size of 1032m2 and floor size of 143m2. 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 Kuluin in the last 12 months.

Building Type
Unit
Year Built
2024
Floor Size
143m2
Land Size
1032m2
Local Government
Sunshine Coast Regional
Lot/Plan
7/RP82114

Last Listing description (November 2022)

An opportunity exists to purchase this flat 1032m2 site in a PRIME location with quick easy access to major arterial routes including Maroochydore Road and Sunshine Motorway, and just minutes to the river, SunCentral CBD, Sunshine Plaza, schools, and beaches.

Zoned Low Density Residential possibilities can include building a residential home (including dual occupancy), duplex, home-run business, or office along with other scenarios, and the height limit is 8.5 metres; purchaser should undertake due diligence to ensure compliance with zoning and obtain council approval.

The site has easy access for workers vehicles during the construction process. For the buyer considering running a home business, there is excellent branding exposure along Main Road, a busy thoroughfare connecting vehicles to Commercial Road and Fishermans Road.

Located in an area with a mixture of residential and commercial buildings, it is close to major employment hubs, and walking distance to several schools including Kuluin State School, Stella Maris Catholic College, and Maroochydore State High School. Maroochy River is less than a five minute drive, and its only 10 minutes across the motorway bridge to the airport, and 10 minutes to the beach.

With the shortage of rental accommodation at crisis levels on the Sunshine Coast, there is a very real opportunity to build a duplex style development here to on-sell to an investor or retain and generate income.

The emergence of the billion-dollar SunCentral CBD in the heart of Maroochydore is a game-changer for the Sunshine Coast, attracting significant public and private sector capital to create a world-class regional city hub; parcels of residential land this size are increasingly rare so close to so many major amenities.

Buy today and reap future benefits.

- 1032m2 development site in prime location
- Zoned low density residential - 8.5m height limit
- Several possible site scenarios to consider (stca)
- Developers, builders, and investors take note
- Excellent brand exposure for a home-business
- Quick easy connection to major arterial routes
- Walk to local schools, transport & parks
- 5-10 mins to Plaza, river, beaches, airport
- RARE acre opportunity in this locale

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Property History for 268 Main Rd, Kuluin, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$950,000
07 Aug 2024
  • 07 Aug 2024
    Sold for $950,000
  • 07 Oct 2022
    Sold for $612,500
  • 21 Apr 2022
    Listed for Sale Offers Over $650,000 Considered
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About Kuluin 4558

The size of Kuluin is approximately 1.9 square kilometres. It has 9 parks covering nearly 11.4% of total area. The population of Kuluin in 2011 was 2,255 people. By 2016 the population was 2,366 showing a population growth of 4.9% in the area during that time. The predominant age group in Kuluin is 40-49 years. Households in Kuluin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kuluin work in a trades occupation. In 2011, 70.6% of the homes in Kuluin were owner-occupied compared with 72.4% in 2016.

Kuluin has 1,076 properties. Over the last 5 years, Houses in Kuluin have seen a 84.70% increase in median value, while Units have seen a 68.08% increase. As at 30 September 2024:

  • The median value for Houses in Kuluin is $901,700 while the median value for Units is $563,762.
  • Houses have a median rent of $685 while Units have a median rent of $260.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Kuluin on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Kuluin.

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