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Sold on 03 Oct 2024 - Price Unavailable

84 Tallow Wood Drive
Kuluin QLD 4558

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 1024m2
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Property Details for 84 Tallow Wood Dr, Kuluin

Building Type
Commercial
Land Size
1024m2
Local Government
Sunshine Coast Regional
Lot/Plan
71/RP841791

Last Listing description (October 2024)

**SOLD** (Auction Cancelled) - With a secure long-term lease in place, you can invest with confidence in this exceptional commercial investment property offering a solid, reliable income stream with a well-established, reputable and secure tenant, 'Bright Start Specialised Early Learning'.

The facility, originally purpose built as a 40 place day care centre, is designed to meet the high standards of early childhood education, providing a thriving environment for both children and staff.

Whether you're a seasoned investor or looking to kick off your commercial portfolio, this property presents a unique opportunity to secure a high-quality, income-generating asset for the long term.

For further information, contact William Emms today on 0423 380 685

Key Features:

* 1024m2 parcel of land
* Long term lease in place - 3 years with 3 x 3 year options
* Lease agreement - $72,000 + outgoings + GST
* Purpose built (40 Place, 220m2) day care centre
* Solid brick veneer construction (1993 Build Date)
* 6 x onsite hard stand car parks
* Ample street parking
* Strategic location at only 400m from Kuluin State School
* Minutes drive to Maroochydore, Nth Buderim Shops and amenities

Property History for 84 Tallow Wood Dr, Kuluin, QLD 4558

A timeline of how this property has performed in the market
Last Sold
03 Oct 2024
Listed for Rent
21 Nov 2019
  • 03 Oct 2024
    Sold
  • 05 Sep 2024
    Listed for Sale Contact Agent
  • 02 Jul 2019
    Sold for $675,000
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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 1,074 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, 47 properties were sold in the past 12 months in Kuluin.

Suburb Insights for Kuluin 4558

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William Emms
Show contact details
Property Lane Realty
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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.