3/25 Seaside Bvd, Marcoola is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 136m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
This is a highly-unique property and not one to miss. Unit 3 is a two bedroom apartment in the Seaside On The Lake complex, located in the sought-after Town Of Seaside community.
What sets this property apart is the dual key opportunity it presents to the future owners. Compromising of a one bedroom fully self-contained residential unit with a balcony that overlooks Town of Seaside Lake; as well as a separate studio that can be used either of three ways. Two one-bedroom units, a one bedroom unit with a small commercial tenancy space or leave it open to create a private two bedroom unit.
Property features:
Low-maintenance 87m2 unit with a 18m2 balcony with views.
Two bed, two bath with two secure underground carparks.
Tightly held complex of twelve units with low body corporate fees (estimated $1,043 per quarter).
Modern complex constructed in early 2009, adjacent to Merchants Park and easy walk to the beach, cafes and shops.
Market rental estimated at $700-$750 per week (as a one bedroom apartment $400 and a commercial tenancy $350).
Dual key income units are very tightly held in this beachside locality and provide the owner with a number of flexible income streams. This property will not last long in this market.
If you are interested for further information, please contact me sooner rather than later to avoid disappointment.
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 2,438 properties. Over the last 5 years, Houses in Marcoola have seen a 102.69% increase in median value, while Units have seen a 94.65% increase. As at 31 August 2024:
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