OFF MARKET

20 Bungama Street
Maroochydore QLD 4558

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 607m2
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Property Details for 20 Bungama St, Maroochydore

20 Bungama St, Maroochydore is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 607m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1970
Floor Size
97m2
Land Size
607m2
Local Government
Sunshine Coast Regional
Lot/Plan
14/RP88831

Last Listing description (May 2022)

This original beach shack in a prime Maroochydore location, offers a superb renovation/extension or rebuild opportunity, on a 607m2 block zoned low density development, within walking distance to beaches, Cotton Tree, and new CBD.

The cottage itself comprises two bedrooms, functional kitchen and bathroom, open plan living, and laundry – it is not without charm, and could be rented out for income by an investor or land-banker. In addition, there is a garage/shed with mezzanine floor, toilet, wash basin and laundry tub, and a single carport.

There are clear possibilities to renovate/extend (subject to council approvals) or remove and build a stunning contemporary home in this coveted location, without fear of overcapitalising.on-sell for profit or move the family to the heart of the Sunshine Coast and savour the magic lifestyle Maroochydore has to offer!

The backyard is flat and low maintenance, with a north-east aspect – just perfect to put in a pool and create an amazing alfresco living space to complement a new build or amazing renovation. Start drawing up the plans, this is something to truly get excited about!

It is a case of 'what you see is what you get' and will be sold & Auctioned 'as is'.it certainly is liveable in current condition with only some works needed, as you will see from photos, so could very well suit an investor who can foresee the growth trajectory of this prime location well into the future – it's a winning purchase, regardless of intent.

Located just a 10-minute walk to Cotton Tree and SunCentral CBD, 15 minutes to Maroochydore Beach, and 18 minutes to Alexandra Headland Beach and surf club, and 20 minutes to Sunshine Plaza – this is 'location, location, location'.

Interest will be high from a range of buyers, put your best offer forward, this property has been tightly held for over 20 years!

* Renovate Or Rebuild In Prime Location On 607m2
* Could Suit: Tradies/Builders/Investors/Landbankers
* Cute Original Beach Shack From Back In The Day
* 2-Bedrooms, Functional Kitchen & Bathroom, 1 Living
* Garage/Storage: Mezzanine Floor & Toilet Facilities
* Single Carport + Abundant Parking For Boat/Caravan
* North-East Facing Backyard – Sunshine & Breezes
* Walk To Cotton Tree, Beach/Surf Club, CBD, Plaza
* Coveted Location – Poised For Immense Capital Growth
* Tightly Held For 20 Years – Invest In A Golden Location!

Property History for 20 Bungama St, Maroochydore, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$970,000
12 Feb 2022
Listed for Rent
$270/w
08 Nov 2012
  • 12 Feb 2022
    Sold for $970,000
  • 25 Jan 2022
    Listed for Sale AUCTION Auction
  • 17 Oct 2012
    Listed for Rent $270 / week
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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 14,279 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 150 properties listed for sale, and 93 properties listed for rent in Maroochydore on OnTheHouse. According to CoreLogic's data, 704 properties were sold in the past 12 months in Maroochydore.

Suburb Insights for Maroochydore 4558

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.