OFF MARKET

1/15 Mooloomba Road
Point Lookout QLD 4183

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 186m2
Land area: 47m2
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Property Details for 1/15 Mooloomba Rd, Point Lookout

1/15 Mooloomba Rd, Point Lookout is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 47m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in February 2005.

Building Type
Unit
Year Built
2003
Floor Size
186m2
Land Size
47m2
Local Government
Redland
Lot/Plan
1/SP158645

Last Listing description (May 2019)

Ray White Commercial (QLD) and Ray White Commercial Bayside are pleased to exclusively offer Shops 1 & 2 / 15 East Coast Road, Point Lookout (North Stradbroke Island) QLD for sale individually.
Shops 1 & 2 / 15 East Coast Road represent the opportunity to acquire one or two entry level beachfront retail investments in Queensland's most tightly held suburb (19.7 year average hold) for residential property^.
Key Investment Attributes:

Shop 1 Bakery - $525,000 (7.42% yield)
Shop 2 Fish & Chip - $775,000 (8.16% yield)
10 year net leases expiring 2023
67 - 97sqm* tenancies plus al-fresco dining areas
Guaranteed income growth with 4% annual increases
Tenants pay for all outgoings including management fees
Secure income underpinned by 3 month security bonds and personal guarantees
Complimentary tenancy mix ideally positioned in high traffic tourism precinct
Net incomes from $38,933 to $63,266 + GST pa*.

Call Michael Feltoe or Nathan Moore to arrange access to additional information, the contract of sale or to organise an inspection.

*Approximately.
^Courier Mail

Property History for 1/15 Mooloomba Rd, Point Lookout, QLD 4183

A timeline of how this property has performed in the market
Last Sold
$1,100,000
01 Feb 2005
  • 16 Jan 2019
    Listed for Sale Shop 1 $525,000 Shop 2 $775,000
  • 09 Nov 2018
    Listed for Sale Not Disclosed
  • 01 Feb 2005
    Sold for $1,100,000
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.