1/12 Eastern Ct, Mount Coolum is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 108m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
When this building was constructed in 1987 developers had a choice of blocks to work with. It's no accident they ended up here. Top of the street elevation/breezes, backing onto the national park for peace/privacy, and a large block allowing all four units to be spread out over the site.
- Low-set 3 bedroom brick unit in a small complex
- Good original condition & potential to modernise
Life in a quiet complex of just 4 units at the base of Mount Coolum is hard to beat. In an area surrounded by national park, 2 golf courses and access to shops and beaches, it's easy to see why this location is so sought after. This might be one of the oldest units in the area, though has potential to be one of the best. A little effort here will pay back lifestyle and financial dividends now and into the future.
Rental & Council/BC information:
Estimated permanent rental return - $510/week
Council & water charges (approx. combined) - $3050/year
Body Corp fees - $1200/year
Offers information:
Final/best offers to be presented in writing to seller (preferred in contract form)
Offers close 4pm Monday 27 March 2023
Property Code: 3009
The size of Mount Coolum is approximately 5.1 square kilometres. It has 14 parks covering nearly 27.2% of total area. The population of Mount Coolum in 2011 was 3,668 people. By 2016 the population was 4,282 showing a population growth of 16.7% in the area during that time. The predominant age group in Mount Coolum is 40-49 years. Households in Mount Coolum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Coolum work in a professional occupation. In 2011, 62.5% of the homes in Mount Coolum were owner-occupied compared with 62.9% in 2016.
Mount Coolum has 2,320 properties. Over the last 5 years, Houses in Mount Coolum have seen a 105.18% increase in median value, while Units have seen a 95.23% increase. As at 31 October 2024:
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