SOLD
Sold on 01 May 2024 for $480,000

1/3 Panorama Place
Maleny QLD 4552

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 100m2
Land area: 97m2
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Property Details for 1/3 Panorama Pl, Maleny

Building Type
Commercial
Year Built
1992
Floor Size
100m2
Land Size
97m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/BUP10554

Last Listing description (June 2024)

An exciting investment opportunity is available!

Situated in a small, yet high profile commercial precinct (Maleny Mews) with high profile long term neighbours ("Sukhotthai", "The Terrace Restaurant" and "The Orangery") the opportunities this bespoke property presents are endless.

The property boasts a prime location, with excellent street frontage and high visibility, making it ideal for attracting foot traffic. The interior of the property is well-maintained and features an open-plan layout, perfect for a range of retail uses.

Currently leased until 30th June 2025 to a local Aboriginal Art Gallery & Culture Space with an option to renew 2 x 2 options, the returns are approximately $22,000 inc GST PA (Outgoings paid by Tenant).

This large tidy space with 3 generous sized rooms (one each side of the main entrance space) with polished concrete floors and fresh paint

3 separate rooms

Monitored Alarm system onsite - Occupants cost of $50/month.

Sign space available

Shared bathroom facilities

Kitchenette facilities - sink - space for fridge etc

A great opportunity for both investors and owner occupiers. Additional options that this site could easily suit include:

Medical
Professional Offices
Health/Hair/Spa salon or services
Hospitality - Food/Bar/Restaurant

Contact Megan today for any further information or private Inspection 0449 066 299.

** All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

** This property is being marketed without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 1/3 Panorama Pl, Maleny, QLD 4552

A timeline of how this property has performed in the market
Last Sold
$480,000
01 May 2024
Listed for Rent
$13k/w
13 Jul 2023
  • 01 May 2024
    Sold for $480,000
  • 05 Jan 2024
    Listed for Sale Must Sell - Offers over $495K
  • 05 Jan 2024
    Listed for Rent - Price not available
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About Maleny 4552

The size of Maleny is approximately 24.9 square kilometres. It has 16 parks covering nearly 4.1% of total area. The population of Maleny in 2011 was 3,440 people. By 2016 the population was 3,735 showing a population growth of 8.6% in the area during that time. The predominant age group in Maleny is 60-69 years. Households in Maleny are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maleny work in a professional occupation. In 2011, 72% of the homes in Maleny were owner-occupied compared with 75.3% in 2016.

Maleny has 2,486 properties. Over the last 5 years, Houses in Maleny have seen a 81.99% increase in median value, while Units have seen a 91.49% increase. As at 31 October 2024:

  • The median value for Houses in Maleny is $1,112,291 while the median value for Units is $557,204.
  • Houses have a median rent of $628 while Units have a median rent of $370.
There are currently 50 properties listed for sale, and 11 properties listed for rent in Maleny on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Maleny.

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