9 Victor Ave, Paradise Point is a 6 bedroom, 3 bathroom Unit and was built in 1970. The property has a land size of 506m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
Explore the potential of this rare investment offering: three tasteful 2-bedroom units, each featuring undercover carports and patios. Located in one of Paradise Point's most coveted streets, this property is a prime opportunity for savvy investors seeking long-term returns and capital growth.
Enjoy the convenience of walking to renowned restaurants, cafes, and the picturesque Broadwater, enhancing the lifestyle appeal for tenants and future residents alike. Currently, all three units are leased with existing tenants, generating a combined rental income of $1,800 per week, providing a solid foundation for immediate returns.
Each unit commands a rental rate of $600 per week, per unit underscoring the potential for increased rental yields in the future. This low-cost investment opportunity is further bolstered by its single set of rates and absence of body corporate fees, ensuring minimal overheads for investors.
Council rates roughly $2500 every 6 months.
Each unit rented out at $600 per week, per unit - November 2024
Call Peter on 0423 458 471- inspections by appointment only
Disclaimer: Whilst every effort has been made to ensure the accuracy of the information provided, we disclaim any liability for errors, omissions, inaccuracies, or misstatements that may occur. Visit and experience this property to fully appreciate its charm and convenience.
The size of Paradise Point is approximately 4.1 square kilometres. It has 9 parks covering nearly 10.8% of total area. The population of Paradise Point in 2011 was 5,929 people. By 2016 the population was 6,558 showing a population growth of 10.6% in the area during that time. The predominant age group in Paradise Point is 60-69 years. Households in Paradise Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paradise Point work in a managers occupation. In 2011, 62.8% of the homes in Paradise Point were owner-occupied compared with 65.7% in 2016.
Paradise Point has 4,389 properties. Over the last 5 years, Houses in Paradise Point have seen a 110.08% increase in median value, while Units have seen a 104.03% increase. As at 31 July 2024:
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