3310/923 David Low Way, Marcoola is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 134m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Experience the ultimate coastal lifestyle in this stunning three-bedroom apartment located in the highly sought after 'Ramada by Wyndham' complex. Situated on the waterfront, this apartment is perfectly positioned for privacy, convenience, and refreshing sea breezes.
Inside you will find a well-designed layout, with high ceilings and ocean glimpses. The master bedroom comes with ample cupboard space, small balcony and an ensuite with spa bath, offering a private sanctuary to relax and unwind. Recent updates to fans, flooring, air conditioning and paint give this home a modern, comfortable feel.
-Access to the private undercover balcony from each bedroom and living area.
As well as direct beach access the complex features a range of amenities designed to enhance your lifestyle. Enjoy a dip in the heated lagoon pool, work up a sweat in the fully equipped gymnasium, or treat yourself to a day of pampering at the day spa. The poolside restaurant is the perfect place to relax and unwind and there's also a popular sports bar.
This unit is being sold partially furnished for added convenience. With the recent updates to the home, you will be able to move straight in and enjoy your new seaside life or reap the benefits of a high yielding investment property.
Investment information:
Estimated permanent rental return: $650/wk.
Estimated holiday rental return: approx. $1500-$3500.
Council rates and water charges approx.: $3100
Body Corp fees (including pay tv) approx.: $10,329.11/yr.
Property Code: 3021
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 95.54% increase in median value, while Units have seen a 91.87% increase. As at 31 July 2024:
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