OFF MARKET

9/1-5 Samarinda Drive
Point Lookout QLD 4183

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 880m2
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Property Details for 9/1-5 Samarinda Dr, Point Lookout

9/1-5 Samarinda Dr, Point Lookout is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 880m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1993
Floor Size
90m2
Land Size
880m2
Local Government
Redland
Lot/Plan
9/BUP102088

Last Listing description (August 2023)

Immerse yourself in the take your breath away uninterrupted views across South Gorge Beach from every room in the property!

Enjoy the Rental the returns and high occupancy rate this property offers. Boasting a 68 % occupancy rate and approximately $68 000 gross yield for the financial year to June 30 2023.

Just a gentle stroll to the world-renowned Gorge Walk, patrolled Main Beach and the amenities of Point Lookout, you will be spoilt for dining choices and of course beach choices. Relax and unwind at the Point Lookout Surf Club with an afternoon drink on the weekends while you watch the whales and dolphins play.

The elegant, light filled apartment offers spaces to relax, unwind and connect. The natural flow between the verandah area and the open planned living spaces creates an uninterrupted connection to the crystal clear waters of the Pacific Ocean.
The newly renovated apartment offers the following features

Two spacious and light filled bedrooms
New Ensuite with Walk in wardrobe
New Entertainers Kitchen with ceasar stone benchtops, soft close drawers and appliances
Newly Painted
New Fans and air conditioners
New Carpet

This immaculate property is also currently a very popular holiday rental.

The resort features a swimming pool, BBQ area and entertaining space.

Book your inspection today with Jody Marsden and Melanie Lawlor 0438 720 460

The property is being sold fully furnished.
Council Rates / water $744 per quarter
Body Corporate Fees $2222.97 per quarter
Rental return to June 2023 $68 725 (figures available on request)

Property History for 9/1-5 Samarinda Dr, Point Lookout, QLD 4183

A timeline of how this property has performed in the market
Last Sold
$950,000
17 Jul 2023
  • 17 Jul 2023
    Sold for $950,000
  • 05 Jun 2023
    Listed for Sale Contact Agent for Price
  • 08 Mar 2021
    Sold for $555,000
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About Point Lookout 4183

The size of Point Lookout is approximately 4.4 square kilometres. It has 6 parks covering nearly 35.2% of total area. The population of Point Lookout in 2011 was 678 people. By 2016 the population was 709 showing a population growth of 4.6% in the area during that time. The predominant age group in Point Lookout is 60-69 years. Households in Point Lookout are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Lookout work in a professional occupation. In 2011, 57.2% of the homes in Point Lookout were owner-occupied compared with 62.5% in 2016.

Point Lookout has 1,385 properties. Over the last 5 years, Houses in Point Lookout have seen a 110.48% increase in median value, while Units have seen a 112.40% increase. As at 31 October 2024:

  • The median value for Houses in Point Lookout is $1,810,515 while the median value for Units is $1,043,018.
  • Houses have a median rent of $3,475.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Point lookout on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Point lookout.

Suburb Insights for Point Lookout 4183

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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.