OFF MARKET

12 Richards Street
Maroochydore QLD 4558

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
Land area: 607m2
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Last updated 30 Sep 2024
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Property Details for 12 Richards St, Maroochydore

12 Richards St, Maroochydore is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 607m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
House
Year Built
1960
Floor Size
114m2
Land Size
607m2
Local Government
Sunshine Coast Regional
Lot/Plan
15/M56731

Last Listing description (July 2022)

Zoned for high density re-development, this Cotton Tree property really is "one of a kind".

On a quiet street just metres to the Maroochydore beachfront and a short walk to Cotton Tree Village, the location of this development opportunity can only be described as exceptional.

With the option to develop anywhere from three townhouses to nine apartments, (subject to the required approvals) this property does also include a renovated four bedroom home and pool generating up to $50,000 per annum in rental income.

The property features include:

607m2 block
High density residential zoning
Metres to Maroochydore Beach
Short walk to Cotton Tree Village
Renovated four bedroom, two bathroom fibro property
Rental Income of approx $50,000 per annum

My sellers are motivated with a genuine reason for sale, so please make an offer and don't miss out.

*** Please note that one of the photos is an artists impression of what could potentially be built on this property subject to all the required Council approvals **

"Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property."

607m2 block
High density residential zoning
Metres to Maroochydore Beach
Short walk to Cotton Tree Village
Renovated four bedroom, two bathroom fibro property
Rental Income of approx $50,000 per annum

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Property History for 12 Richards St, Maroochydore, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$930,000
13 Jul 2018
Listed for Rent
07 Sep 2018
  • 14 Aug 2018
    Listed for Rent $640 / week
  • 13 Jul 2018
    Sold for $930,000
  • 20 Jul 2017
    Listed for Sale 1200000
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About Maroochydore 4558

The size of Maroochydore is approximately 12.6 square kilometres. It has 31 parks covering nearly 17% of total area. The population of Maroochydore in 2011 was 14,445 people. By 2016 the population was 16,764 showing a population growth of 16.1% in the area during that time. The predominant age group in Maroochydore is 20-29 years. Households in Maroochydore are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maroochydore work in a professional occupation. In 2011, 50.4% of the homes in Maroochydore were owner-occupied compared with 49% in 2016.

Maroochydore has 14,401 properties. Over the last 5 years, Houses in Maroochydore have seen a 79.03% increase in median value, while Units have seen a 76.16% increase. As at 30 September 2024:

  • The median value for Houses in Maroochydore is $1,129,538 while the median value for Units is $846,214.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 160 properties listed for sale, and 81 properties listed for rent in Maroochydore on OnTheHouse. According to CoreLogic's data, 737 properties were sold in the past 12 months in Maroochydore.

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