87/885 David Low Way, Marcoola is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 165m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Perfectly positioned to capture expansive coastal views with the iconic Mudjimba Island as the focal point, this fully renovated unit offers the ultimate beachside lifestyle. Whether you're entertaining on your own exclusive use rooftop terrace or taking in the sunrise from your living room you'll never want to leave.
- 2 bedrooms, master with WIR and ensuite, 2 bathrooms.
- Open plan kitchen and living area opens on to balcony. Rooftop terrace accessible via spiral staircase
The Marcoola Beach Resort is one of the best presented and maintained buildings on the sea front. With a recent refresh of the paint and resort style facilities including yoga room, tennis court, lagoon swimming pool with spa, gym, and basketball court there's always plenty on offer for you and your guests. Direct beach access also provides easy access for a quick dip in the ocean whenever you please.
This property is being sold furnished and the recent refurbishment throughout means there's nothing left to do but move in and enjoy. Don't miss your opportunity to secure a well returning investment or your new beachfront paradise.
Investment information:
Estimated permanent rental return: $650/wk.
Estimated Holiday rental return: approx. $1500 - $3000/wk.
Council rates & water charges: approx. $3100/year
Body Corporate fees approx.: $7378.56/year
Property Code: 3003
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 2,404 properties. Over the last 5 years, Houses in Marcoola have seen a 125.55% increase in median value, while Units have seen a 92.00% increase. As at 30 September 2024:
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