SOLD
Sold on 22 Feb 2024 for $385,000

23/27 Evans Street
Maroochydore QLD 4558

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 101m2
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Property Details for 23/27 Evans St, Maroochydore

Building Type
Commercial
Land Size
101m2
Local Government
Sunshine Coast Regional
Lot/Plan
23/SP106806

Last Listing description (April 2024)

Emily Pendleton and Abi Rowlands from the RWC Northern Corridor Group are delighted to present a prime tenanted investment opportunity - Suite 23 at 27 Evans Street, Maroochydore. This contemporary office suite, situated within the Plaza Business Centre, is an excellent proposition for those seeking a strategic investment in a thriving business hub. With a substantial total building area of 101m2*, this property caters perfectly to businesses aiming to expand or establish their presence in the area.

Property Highlights:
101m2 internal floor area*

Located on the first floor
Boasts ample street exposure and branding opportunities
Accessible via lift and stairs
Features designated secure undercover car parking
Over 120 onsite car parks available for common use

Lease Details:
Rental Income: $26,675 per annum Net + Outgoings + GST
Lease Commencement: 1 March 2024
Lease Term: 2 years
Options: 2 years
Outgoings: 100% paid by the tenant

This investment opportunity provides a secure and attractive yield of 6.8%, with a leased property in a sought-after location. For further information on this property please contact the exclusive marketing agents from The Emily Pendleton Team.

Our dynamic and acclaimed team strategically operates from three well-positioned offices spanning the South East Queensland Northern Corridor, dedicated to serving clients in the SUNSHINE COAST, MORETON BAY & NORTH BRISBANE regions.

Property History for 23/27 Evans St, Maroochydore, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$385,000
22 Feb 2024
Listed for Rent
$7/w
18 May 2017
  • 22 Feb 2024
    Sold for $385,000
  • 12 Jan 2024
    Listed for Sale $390,000
  • 17 Nov 2020
    Sold for $217,039
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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 14,277 properties. Over the last 5 years, Houses in Maroochydore have seen a 73.59% increase in median value, while Units have seen a 80.66% increase. As at 31 October 2024:

  • The median value for Houses in Maroochydore is $1,102,051 while the median value for Units is $859,985.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 152 properties listed for sale, and 91 properties listed for rent in Maroochydore on OnTheHouse. According to CoreLogic's data, 720 properties were sold in the past 12 months in Maroochydore.

Suburb Insights for Maroochydore 4558

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Contact agent
Abi Rowlands
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Emily Pendleton
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RWC Northern Corridor Group - Sunshine Coast Location
Preferred contact:
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.