2/19-21 Ramilles St, Mount Coolum is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 150m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
This solid, low maintenance townhouse in a tightly held complex of only four, east of the David Low Way and just footsteps to the sand and neighbourhood park/playground offers entry level buying and investing in a coveted location. Tenanted until January 2022, this is the perfect investment opportunity!
Across two levels, it comprises three bedrooms, two bathrooms plus third toilet on ground level, pleasant kitchen, open plan living, delightful fenced courtyard with pergola, separate laundry, and single lock up garage plus onsite visitor parking.
In good, comfortable condition it could be modernised over time to value-add but is absolutely fine 'as is'; with existing features including ceiling fans, security screens, shower over bath in main bathroom, laundry chute, internal access from garage, cafe style roll-down blinds on pergola, and private balcony off master bedroom.
Currently tenanted until January 2022, it is a 'headache-free' investment for the location driven buyer with a continual income for the next 12 months. After the lease expires you may want to move in or continue renting - the choice is yours and you will have plenty of time to think it through.
The complex is well-established, fully fenced and sits on an expansive corner block; it has low body corporate fees and is pet-friendly (subject to approval). It is as effortless an investment as is absolutely possible!
So close to the beach, along with scenic coastal boardwalk connecting you to Coolum; a golf-course nearby and Mount Coolum itself, a popular climbing spot - there is no excuse not to get fit and active, get outdoors and embrace the sunshine and natural beauty. Mount Coolum is a prime lifestyle location whose star just continues to rise...
Original owner from 1994 is offering to market for the first time; this is a 'keeper' and in this location, you will see why! Act today, or you will miss out.
Whilst all due diligence has been taken in the preparation of this document Wright Place can attach no guarantee regarding the contents and recommend purchasers conduct their own enquiries.
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 2,321 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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