2308/923 David Low WayMarcoola QLD 4564
Property Details for 2308/923 David Low Way, Marcoola
2308/923 David Low Way, Marcoola is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 29m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
Absolute beachfront location, tastefully presented and access to high-quality complex facilities, what more could you ask for? This studio-style apartment in the highly sought-after, Ramada by Wyndham is exactly what you've been looking for.
With an open-plan design that creates a spacious feel, this one-bedroom, one-bathroom studio apartment is encompassed by a homely atmosphere due to the warm colours of the timber-styled flooring and the natural light that flows through the property. A bar fridge along with tea and coffee making facilities are included.
Ramada Marcoola Beach Resort offers excellent facilities that perfectly complement the beachside lifestyle. Cool off in the pool, relax in the spa or take advantage of the gym to get your energy levels up. The iconic Surfair Beach Hotel, garden bar and bistro area is within the same building for all your entertainment and refreshments needs and is a favourite amongst locals.
This property was previously self-managed on Air-bnb/booking.com and is currently in the holiday letting pool. It has seen occupancy rates of 95% and high returns all year round. This property can offer as high as around 14% returns a year (enquire now to have more details on this sent through).
Whether you're looking for a holiday residence near the beach or investment property (both holiday letting and permanent rentals are permitted) this property offers many possibilities. Don't miss out on this opportunity, get in touch today.
Property History for 2308/923 David Low Way, Marcoola, QLD 4564
- 20 Oct 2023Sold for $250,000
- 10 Aug 2023Listed for Sale Offers Over $255,000
- 18 Jun 2020Listed for Sale Contact Agent
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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 2,441 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.
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