16 Pelican StreetPeregian Beach QLD 4573
Property Details for 16 Pelican St, Peregian Beach
16 Pelican St, Peregian Beach is a bedroom, bathroom Unit. The property has a land size of 374m2. While the property is not currently for sale or for rent, it was last sold in April 1990.
Last Listing description (December 2019)
This solid apartment complex, brick and tile, circa 1974, is on a prime 531m2 parcel of land, in prestigious Pelican Street, one block back from beach and only a short stroll to village amenities; the three strata titled apartments are fully tenanted, and being offered to the market as a complete investment package.
Over three levels, the building is complete with three separate apartments: 2 x two-bedroom, one bathroom, and single lock-up garage plus 1 x three-bedroom, 2-bathroom, and double lock up garage.
All three are tenanted, and units two and three both have a storage facility adjacent to garage; the upper three-bedroom unit also has a north-east facing balcony showcasing glorious ocean views including white water from the crest of the waves - just magic!
• Solid brick & tile unit complex
• 531m2 parcel of land in prime street
• White water ocean views will delight
• 2 x ground level 2-bed, 1-bath, SLUG
• Upper 3 bedroom, 2-bath, DLUG
• Fully tenanted - weekly return of $975
• 2 on site visitor parks, lovely gardens
• One block to beach, short stroll to village
• Coveted location with prestige homes
• Long-term investor owner ready to sell!
The units are in good condition with no immediate money needing to be spent, and any upgrading or modernising over time will value-add, with no fear of overcapitalizing in this tightly held beach side pocket.
With an established grassy garden at front with colourful shrubs and a gorgeous frangipani tree, resplendent and aromatic when in bloom - the outlook across the garden is quite delightful; the rear of the block is cemented with two on site visitor parks and the residents' four lock up garages.
An easy-care design with minimal maintenance needed inside and out, plus in a coveted location just 230 metres north of the vibrant village hub with its boutique retail, dining, tavern, IGA, surf club, and patrolled swimming - it's positioned to maximise views, convenience, and capital growth.
Long-term investor owner is committed seller and will meet the market to secure an expedient result! Investors and land-bankers will recognise the current value and the future potential/possibilities of this site. Exceptional buying.
Property History for 16 Pelican St, Peregian Beach, QLD 4573
- 07 Nov 2019Listed for Sale FOR SALE
- 23 Apr 1990Sold for $230,000
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About Peregian Beach 4573
The size of Peregian Beach is approximately 17.2 square kilometres. It has 10 parks covering nearly 81.9% of total area. The population of Peregian Beach in 2011 was 3,531 people. By 2016 the population was 3,782 showing a population growth of 7.1% in the area during that time. The predominant age group in Peregian Beach is 40-49 years. Households in Peregian Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Peregian Beach work in a professional occupation. In 2011, 63.3% of the homes in Peregian Beach were owner-occupied compared with 66.5% in 2016.
Peregian Beach has 2,922 properties. Over the last 5 years, Houses in Peregian Beach have seen a 79.54% increase in median value, while Units have seen a 87.99% increase. As at 31 October 2024:
- The median value for Houses in Peregian Beach is $1,782,937 while the median value for Units is $1,185,642.
- Houses have a median rent of $875 while Units have a median rent of $655.
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