5 Greenshank St, Peregian Beach is a 6 bedroom, 2 bathroom House and was built in 1979. The property has a land size of 519m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
This solid dual-level dwelling, circa 1970's, just 190 metres to direct beach access, offers genuine duplex-style dual living with two fully self-contained levels, both rented, generating two incomes for the investor owner.
Each level comprises three bedrooms, a bathroom, a full-sized kitchen, open plan living/dining, laundry, and north facing covered balcony (upstairs), and patio (downstairs); there is no internal staircase, so it is very much configured for independent, private living on each level.
The upper level has raked ceilings with exposed timber beams, exposed brickwork, and an archway to the kitchen infusing an ambience of warmth and charm indicative of its vintage; there are also ceiling fans in bedrooms and living, and the bathroom/laundry combo has a separate shower and bath.
Dual living 2 separate tenancies
Double-storey dwelling on 519m2
Beachside location 190m to sand
Each level is fully self-contained
Upper level tenanted until 15/9/23
Ground level tenanted until 4/12/23
15-minute walk to village & surf club
Property next door also for sale by the same owner
Blue-chip location, exceptional buying!
Whitewashed exposed timber, reverse cycle air-conditioning and timber look vinyl in the living, security screen door to patio, and direct external access from the master bedroom are existing features of the ground floor.
Currently, the ground floor is rented with the lease expiring in early December 2023; the upper level is rented with the lease expiring in mid-September. Should the tenants not stay on, securing tenants in such a prime beachside locale in a historically tight rental market will not be an issue.
The property itself is located on a 519m2 corner block with dual street access, in a premium beachside pocket, highly sought after and just footsteps to Lorikeet Drive with its prestigious beachfront homes this is a blue-chip area to live and invest!
Peregian Village with its boutique dining, retail, tavern, and surf club is 1.5 -kilometres (1520-minute walk), local public and private schools are a five-minute drive, and it's only a 15 minutes drive north to Noosa or south to the airport.
Investors, renovators/builders, and even buyers seeking a property for the extended family should take a serious look at thisplease note, the property next door is also being sold this could be the opportunity of the decade! Submit your best offer on or before Auction!
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 2,923 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:
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