SOLD
Sold on 14 Mar 2024 for $1,900,000

506/47-51 Mooloolaba Esplanade
Mooloolaba QLD 4557

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 108m2
Land area: 133m2
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Property Details for 506/47-51 Mooloolaba Esp, Mooloolaba

506/47-51 Mooloolaba Esp, Mooloolaba is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 133m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Mooloolaba in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
108m2
Land Size
133m2
Local Government
Sunshine Coast Regional
Lot/Plan
38/SP110475

Last Listing description (September 2024)

This fifth floor apartment in the elegant, well-located Zanzibar building on Mooloolaba Esplanade, showcases breathtaking views encompassing sand, surf, the foreshore with its iconic Norfolk Pines, sweeping north towards Noosa with Mount Coolum also a visible delight.

Covering approximately 133m2, this fully furnished, light-filled apartment comprises three bedrooms, two bathrooms, upgraded central kitchen ? also with ocean views, open plan living and dining flowing to main balcony, two smaller private patios, and European style compact laundry; there is also secure basement parking for one vehicle.

Presentation is pristine, and features include new ducted air-conditioning, easy-care tiled flooring throughout, master suite with access to two private balconies, granite benches, quality stainless steel appliances, spa bath and dual vanities in ensuite, and generous storage.

Toast the good life in comfort and style from the elevated balcony as you watch the waves roll in and observe the activity along Mooloolaba foreshore?see the ships sail by, you may even witness the migratory journey of the humpback whales, experience the drama of a summer storm, and if you're up early you can catch the sunrise. Sound idyllic?

Zanzibar, managed by the Mantra Group, is one of the most popular holiday resorts along the Esplanade ? attracting strong occupancy numbers all year around, this particular apartment generates a gross annual income for a holiday investor of over $100K (see Agent for details).

Onsite facilities include seasonally heated inground pool, spa, gymnasium, BBQ areas, reception foyer/desk, and lift access from basement to all floors. The pool is absolutely stunning and is located on the non-beach side of the building, which is much quieter and more private.

Located directly opposite the beach and just a few floors down in the lift to the Esplanade, it's just a short stroll to world class dining, boutique retail, Mooloolaba Surf Club, the wharf with more dining options and Sea Life, parks, and Coles Supermarket. Mooloolaba is the playground of beach lovers from across the nation, widely referred to as the Sunshine Coast's 'jewel-in-the-crown', and Zanzibar is right in the heart of it.

Whether purchasing as a holiday home/investment or a sea-change with the lot; this is exceptional buying in every sense ? lifestyle, location, and outstanding capital growth. Long-term owner of 22 years is motivated to secure a spring sale.

Property History for 506/47-51 Mooloolaba Esp, Mooloolaba, QLD 4557

A timeline of how this property has performed in the market
Last Sold
$1,900,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $1,900,000
  • 06 Sep 2023
    Listed for Sale Not Disclosed
  • 28 Jan 2017
    Listed for Sale $1,150,000
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About Mooloolaba 4557

The size of Mooloolaba is approximately 4 square kilometres. It has 11 parks covering nearly 9.1% of total area. The population of Mooloolaba in 2011 was 7,333 people. By 2016 the population was 7,735 showing a population growth of 5.5% in the area during that time. The predominant age group in Mooloolaba is 20-29 years. Households in Mooloolaba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mooloolaba work in a professional occupation. In 2011, 50.4% of the homes in Mooloolaba were owner-occupied compared with 53.3% in 2016.

Mooloolaba has 6,921 properties. Over the last 5 years, Houses in Mooloolaba have seen a 80.51% increase in median value, while Units have seen a 77.82% increase. As at 31 October 2024:

  • The median value for Houses in Mooloolaba is $1,616,907 while the median value for Units is $861,796.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 35 properties listed for sale, and 29 properties listed for rent in Mooloolaba on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Mooloolaba.

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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.