OFF MARKET

51 Reserve Street
Pomona QLD 4568

Bedrooms: 2
Bathrooms: 1
Car spaces: 7
Floor area: 110m2
Land area: 10550m2
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Property Details for 51 Reserve St, Pomona

Building Type
Land
Year Built
1995
Floor Size
110m2
Land Size
10550m2
Local Government
Noosa
Lot/Plan
1/RP199724

Last Listing description (May 2024)

ANOTHER SOLD BY GEMMA PAPIN.

Amber Werchon Property presents to the market 51 Reserve Street, Pomona. This incredible property with subdivision potential offers a rare investment opportunity currently bringing in an annual income of more than $75k!

Occupied by a long-term tenant, the renovated home has two bedrooms, one bathroom, covered outdoor entertaining area, contemporary kitchen, open plan living area, separate studio, workshop, and a double garage.

Positioned on a corner block, the property also has a huge 20m x 10m industrial shed, only a few years old.

The property was approved for subdivision into 3 blocks back in 2010 with majority of works including sewer already done. Though it is now expired, it would not be difficult to revive.

Located within walking distance from town and only a 35 minute drive from the iconic Hastings Street in Noosa Heads, this area is highly sought after.

Whether you move in, rent out, land bank or develop, you have multiple options here adding up to an outstanding investment!

Call Gemma Papin today on 0431 086 210

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Property History for 51 Reserve St, Pomona, QLD 4568

A timeline of how this property has performed in the market
Last Sold
$1,100,000
25 Jun 2023
Listed for Rent
$350/w
23 May 2014
  • 25 Jun 2023
    Sold for $1,100,000
  • 26 Oct 2022
    Listed for Sale $1,395,000
  • 15 Apr 2022
    Sold for $1,590,000
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About Pomona 4568

The size of Pomona is approximately 53.8 square kilometres. It has 16 parks covering nearly 53.2% of total area. The population of Pomona in 2011 was 2,586 people. By 2016 the population was 2,900 showing a population growth of 12.1% in the area during that time. The predominant age group in Pomona is 50-59 years. Households in Pomona are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pomona work in a trades occupation. In 2011, 79.2% of the homes in Pomona were owner-occupied compared with 80.9% in 2016.

Pomona has 1,408 properties. Over the last 5 years, Houses in Pomona have seen a 75.87% increase in median value, while Units have seen a 64.50% increase. As at 30 September 2024:

  • The median value for Houses in Pomona is $1,027,216 while the median value for Units is $606,265.
  • Houses have a median rent of $640.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Pomona on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Pomona.

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