204/94-96 Main StreetMontville QLD 4560
Property Details for 204/94-96 Main St, Montville
Last Listing description (May 2021)
Ray White Commercial Noosa & Sunshine Coast North presents an excellent opportunity to secure a modern, quality investment property in the Sunshine Coast hinterland town of Montville currently returning 7% (approx).
Built in 2016, the parent property offers the most modern accommodation in Montville and includes 23 luxury accommodation units.
Montville is one of the major towns within the Sunshine Coast hinterland region, drawing visitors from across the state and beyond for its stunning scenery, award-winning restaurants and accommodation.
The unit comprises the following:
+ Fully furnished modern studio apartment
+ Veranda with spa and sweeping views across escarpment to the coast
+ Currently returning $32k per annum (approx), under management.
+ Owner will guarantee a 7% (approx) return
+ Property includes restaurant and bar on lower level
+ Ample Parking at rear
The accommodation units within the complex are modern in design and comprise a number of studio, 2 and 3 bedroom apartments. These are currently strong performing with low vacancy and solid returns.
Call or email Tallon Pamenter or Louisa Blennerhassett to inspect the property or find out about other suitable options.
Property History for 204/94-96 Main St, Montville, QLD 4560
- 31 Mar 2022Sold for $460,000
- 11 Feb 2020Listed for Sale Contact Agent
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About Montville 4560
The size of Montville is approximately 17.7 square kilometres. It has 10 parks covering nearly 15.7% of total area. The population of Montville in 2011 was 886 people. By 2016 the population was 949 showing a population growth of 7.1% in the area during that time. The predominant age group in Montville is 60-69 years. Households in Montville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montville work in a professional occupation. In 2011, 79.5% of the homes in Montville were owner-occupied compared with 80% in 2016.
Montville has 702 properties. Over the last 5 years, Houses in Montville have seen a 88.76% increase in median value, while Units have seen a 53.33% increase. As at 31 October 2024:
- The median value for Houses in Montville is $1,126,475 while the median value for Units is $594,462.
- Houses have a median rent of $650.
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