OFF MARKET

1/100 Scenic Highway
Lammermoor QLD 4703

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 140m2
Land area: 140m2
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Property Details for 1/100 Scenic Hwy, Lammermoor

1/100 Scenic Hwy, Lammermoor is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 140m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in February 2007.

Building Type
Unit
Year Built
1980
Floor Size
140m2
Land Size
140m2
Local Government
Livingstone
Lot/Plan
1/BUP106050

Last Listing description (March 2024)

Management rights with large modern unit for sale.
The managers unit is for sale at $650,000 and Management rights $500,000.
Directly across the road from the beautiful Lammermoor Beach on the Capricorn Coast. This complex offers a great lifestyle with a swimming pool, ? Tennis Court and a 3bed management unit that has been fully renovated and can be sold individually if required. Within 5kms of the Yeppoon CBD where you will find the region's boutique shopping precinct, prestige restaurants and Yeppoon's Iconic Lagoon Infinity swimming pool. Also accessible to Rosslyn Bay, the gateway to Great Keppel and Pumpkin Island. Yeppoon is referred to as the new Byron Bay and offers a great Lifestyle and Holiday destination.

Current Managers have increased the revenue of the Management rights over the past 16yrs and looking for a new owner that can put their own personal touches into place and grow this business even further.
There are currently 14 units in the pool of an overall complex of 17 Units.
There is also a Conference Room that can be utilised for any functions or meetings required.
Majority of the rooms in the pool have been refurbished to a high standard and occupancy rate is high.
There is also a long term contract in place with Qld Health as well as other regulars including Blue Care and Chemist Locums that guarantee a return with minimal change overs.
The overall upkeep on the building and surrounds is pristine and maintained at a high level.
Strata Manager is SSKB Gold Coast who manage the Body Corporate made up of the Admin Fund and also a very healthy Sinking Fund.
Income for this venture is increasing each year and with the Capricorn Coast increasing its visitors, the demand for these units is extremely high.
We see this as a golden opportunity for any Husband and Wife team or partnership wanting to make a sea change to our beautiful Yeppoon.

Property History for 1/100 Scenic Hwy, Lammermoor, QLD 4703

A timeline of how this property has performed in the market
Last Sold
$400,000
21 Feb 2007
  • 17 Oct 2022
    Listed for Sale $650,000
  • 21 Feb 2007
    Sold for $400,000
  • 12 Dec 2003
    Sold for $382,500
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About Lammermoor 4703

The size of Lammermoor is approximately 4.3 square kilometres. It has 4 parks covering nearly 1% of total area. The population of Lammermoor in 2011 was 1,316 people. By 2016 the population was 2,163 showing a population growth of 64.4% in the area during that time. The predominant age group in Lammermoor is 0-9 years. Households in Lammermoor are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lammermoor work in a professional occupation. In 2011, 69.4% of the homes in Lammermoor were owner-occupied compared with 66.6% in 2016.

Lammermoor has 1,356 properties. Over the last 5 years, Houses in Lammermoor have seen a 95.77% increase in median value, while Units have seen a 83.01% increase. As at 30 September 2024:

  • The median value for Houses in Lammermoor is $787,950 while the median value for Units is $467,680.
  • Houses have a median rent of $650 while Units have a median rent of $495.
There are currently 16 properties listed for sale, and no properties listed for rent in Lammermoor on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Lammermoor.

Suburb Insights for Lammermoor 4703

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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.