500 Bunya Rd, North Arm is a 8 bedroom, 4 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 6549m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
Rarely will you find opportunities such as this anymore on the Sunshine Coast. Yes this amazing property needs plenty of work but in saying that the options are endless around the three separate dwellings that already exist. The rental return alone for the potential purchaser if you are willing to roll up your sleeves would bring in excess of $1,000 per week making this property a no-brainer if you are an investor or the potential for the extended family to pool their resources together and enjoy an amazing lifestyle opportunity. The property would suit anyone who is handy and wanting easy access back to the Bruce Highway and Eumundi roundabout which is a mere 2 minutes from your door step which in turn means Noosa and Maroochydore town centres are both under 25 minutes travel time.
The three homes all have flat level entry and are positioned well on the 1.5 acres of a combined flat and gentle sloping land. Comprising of 2 dams with a seasonal Creek, in-ground pool and reasonably good fencing the area is also known to have produced thunder-eggs and crystals of many different varieties over the years. House 1 consists of 4 bedrooms, 2 separate living areas plus office, 2 bathrooms, 2 carports and a rent return of approximately $420p/w. House 2 is a 2 bedroom one living space with beautiful balcony, complete kitchen, bathroom and laundry, approximate rent of $320p/w. House 3 is an American style barn with 2 bedrooms, living space, bathroom and kitchenette that needs work as well as an upstairs mezzanine storage that could be more living space with an approximate rent return $280p/w. The property has other small shedding and a rustic timber cabin near the in ground pool with complete vehicle access around the property. The property abounds in wildlife from majestic King Parrots, Rosella's, tawny frog mouths or the option to run chooks, ducks and sheep along with the veggie gardens for that self sufficient owner and learn a little about natures majesty! This property will give you all the space you will ever need to have amazing family gatherings or peaceful nights.
Handy investors or extend family's looking for a love job should be quick to inspect as this property is ready for renovation and great price gains for those prepared to do the work.
The size of North Arm is approximately 22.7 square kilometres. It has 3 parks covering nearly 10.6% of total area. The population of North Arm in 2011 was 635 people. By 2016 the population was 648 showing a population growth of 2.0% in the area during that time. The predominant age group in North Arm is 60-69 years. Households in North Arm are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Arm work in a labourer occupation. In 2011, 75.9% of the homes in North Arm were owner-occupied compared with 76.7% in 2016.
North Arm has 312 properties. Over the last 5 years, Houses in North Arm have seen a 110.10% increase in median value. As at 31 October 2024:
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