SOLD
Sold on 12 Mar 2024 for $2,000,000

402/51 Fifth Avenue
Maroochydore QLD 4558

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Floor area: 159m2
Land area: 211m2
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Property Details for 402/51 Fifth Ave, Maroochydore

402/51 Fifth Ave, Maroochydore is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 2005. The property has a land size of 211m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 6 bedroom Unit sold in Maroochydore in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
159m2
Land Size
211m2
Local Government
Sunshine Coast Regional
Lot/Plan
4/SP154804

Last Listing description (June 2023)

Welcome to your new favourite place apartments 401 & 402 in Melrose on Fifth.
This is a most unique property. Comprising of two x 3 bedroom apartments that have been combined in to one, the luxury apartment now offers 6 bedroom, 4 bathroom, 4 car, 4 balconies, 2 living rooms and so much more. It's a sky home like no other.
The apartments are being sold as one to the astute buyer who will have the option to leave the property as is, or convert it back to two individual properties.

Upon entering Melrose on Fifth, you will take the lift to the 4th floor where you will be greeted by two light-filled contemporary living spaces with high ceilings, curved walls and not one, but two entertainer's kitchens with Miele appliances the apartment is the entire 4th floor, complete with ducted air conditioning.

Fully furnished (except for 2 bedrooms) including 3 fridges, 2 lounge suites, 3 queen size beds plus queen size sofa bed, washing machine & dryer, outdoor furniture, near new solid timber and slate top pool table, crockery, glassware and cutlery and much more, the property is ready for you to move in to within 60 days of an unconditional contract.

360 o views showcase Point Cartwright, Mt Coolum & Sunshine Coast Hinterland.
The location is outstanding. Just 250m to Maroochydore Beach (entry access number 150), 10 minutes to the new Sunshine Coast International Airport, 5 minutes to Sunshine Plaza Shopping Centre and an easy 20 minute walk to Ocean St restaurant precinct, 1km to the Maroochy River at Cotton Tree and 20 minutes to Noosa.
On the ground floor you can enjoy the shared media/entertaining centre with bar, projector & gym equipment overlooking pool, spa & sauna.
In the basement level you have a shared temperature-controlled wine cellar with 2 locked private storage cages.
The secure 4 car accommodation comes complete with built in cabinetry and storage.
Body corp $2,710 per quarter for each apartment
Rates $3,000 per year for each apartment

Call Tracy Kennedy on 0421 483 360 for more information or to book an inspection.

Property History for 402/51 Fifth Ave, Maroochydore, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$2,000,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $2,000,000
  • 13 Sep 2021
    Listed for Sale Interest in the mid $3M
  • 07 May 2010
    Sold for $1,175,000
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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 69.81% increase in median value, while Units have seen a 78.60% increase. As at 31 July 2024:

  • The median value for Houses in Maroochydore is $1,077,105 while the median value for Units is $824,521.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 169 properties listed for sale, and 87 properties listed for rent in Maroochydore on OnTheHouse. According to CoreLogic's data, 718 properties were sold in the past 12 months in Maroochydore.

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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.