SOLD
Sold on 08 Oct 2024 for $545,000

1/86 Keith Royal Drive
Marcoola QLD 4564

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 88m2
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Property Details for 1/86 Keith Royal Dr, Marcoola

1/86 Keith Royal Dr, Marcoola is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 88m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Marcoola in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
88m2
Land Size
88m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/BUP4917

Last Listing description (November 2024)

Seize this exceptional investment in the heart of Marcoola! This renovated 85sqm property is already tenanted at $585 per week on a secure 12-month lease, ensuring immediate returns. Located just 400 metres from the beach, this two-bedroom, one-bathroom unit offers a prime coastal lifestyle that appeals to tenants seeking both comfort and convenience.

Designed with investment in mind, the open-plan living, dining, and modern kitchen areas enhance tenant satisfaction, promoting longer tenancies. The kitchen is equipped with quality appliances and ample storage, making it both functional and stylisha key selling point for tenants.

Positioned in a sought-after coastal village, the property is within walking distance to local shops, restaurants, cafes, and the beach, increasing its rental appeal. Proximity to schools and public transport further boosts its attractiveness to a broad tenant base, from young professionals to small families.

The property is well-maintained, featuring neutral decor, ceiling fans throughout, secure car parking, and an internal laundry. This turn-key investment is poised for consistent rental income and long-term capital growth in one of the Sunshine Coast's most desirable locations.

Don't miss out on this lucrative opportunity to expand your portfolio with a property offering strong rental returns and high tenant demand. Contact us today for more details or to schedule a viewing.

Please note: The property has been virtually staged. The actual appearance may differ.

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Property History for 1/86 Keith Royal Dr, Marcoola, QLD 4564

A timeline of how this property has performed in the market
Last Sold
$545,000
08 Oct 2024
Listed for Rent
$585/w
12 Jun 2024
  • 08 Oct 2024
    Sold for $545,000
  • 16 Aug 2024
    Listed for Sale Contact Agent
  • 12 Jun 2024
    Listed for Rent $585 / week
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About Marcoola 4564

The size of Marcoola is approximately 13.7 square kilometres. It has 11 parks covering nearly 27.9% of total area. The population of Marcoola in 2011 was 3,014 people. By 2016 the population was 3,162 showing a population growth of 4.9% in the area during that time. The predominant age group in Marcoola is 50-59 years. Households in Marcoola are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marcoola work in a trades occupation. In 2011, 43.4% of the homes in Marcoola were owner-occupied compared with 47.8% in 2016.

Marcoola has 2,440 properties. Over the last 5 years, Houses in Marcoola have seen a 94.73% increase in median value, while Units have seen a 95.37% increase. As at 30 November 2024:

  • The median value for Houses in Marcoola is $1,309,944 while the median value for Units is $804,022.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 22 properties listed for sale, and 7 properties listed for rent in Marcoola on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Marcoola.

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Colin Cameron
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Cameron Real Estate
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