9 Wyvern RoadRainbow Beach QLD 4581
Property Details for 9 Wyvern Rd, Rainbow Beach
Last Listing description (September 2024)
The Surfside Beach Houses are architecturally designed by award-winning architect Lindsay Clare and offer a perfect getaway for families and friends to enjoy privacy, peace and tranquility located only a 1-minute walk through to the beach.
12 x units with the possibility to an additional 13 units and situated on a single title of approximately 1.75 acres with a gross return of 7.87% in the past financial year (based on the listed price). For the astute investors and entrepreneurs of the world, this is a serious opportunity not to missed!
Units Feature -
- 12 beachfront units.
- Mix of 2, 3 & 4 bedroom units.
- 11 of the 12 units are fully furnished.
- Air-conditioning & fans throughout.
- Polished timber floors throughout for easy maintenance.
- 1 & 2 carport allocations depending on unit size.
- 9 permanent tenants with 3 holiday let units.
Property Features -
- Large lagoon-style in-ground saltwater pool with BBQ entertainment area.
- Pool area also includes a toilet block with 2 separate toilets & outside showers.
- 9m x 12m shed with 5KW solar system on the roof.
- 2 x 20,000 litre water tanks.
- Automatic irrigation system for site gardens and main lawn.
- Parking on-site for 7 visitors.
- Included in the sale are scaffolding and a 12m Cherry picker for maintenance.
- 7,260m2 allotment with future development opportunity.
Rainbow Beach although a small township has more than everything you could ask for! Complete with restaurants, clubs, chemists, butchers, doctors & supermarkets, and the added bonus of feature destinations such as Carlo Sand Blow, Inskip Point and Double Island Point. Located only 1hr 15 mins drive to Noosa, 1hr 30 mins to Sunshine Coast & 3hrs north-east of Brisbane.
The property is managed locally with each tenancy details available upon request.
Profit and loss statements, building history/approvals and business information disclosure can be offered to interested and qualified buyers (confidentiality agreement to be signed) upon request.
Beachside opportunities like these are extremely rare and should be acted on today!
For more information please call Billy Mitchell or Michelle Agnew on 0428 585 175.
Property History for 9 Wyvern Rd, Rainbow Beach, QLD 4581
- 19 Mar 2024Sold for $3,350,000
- 21 Nov 2023Listed for Sale At a Sale Price of $4,950,000
- 14 Aug 2021Sold for $3,650,000
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0About Rainbow Beach 4581
The size of Rainbow Beach is approximately 13.3 square kilometres. It has 12 parks covering nearly 3.2% of total area. The population of Rainbow Beach in 2011 was 1,103 people. By 2016 the population was 1,241 showing a population growth of 12.5% in the area during that time. The predominant age group in Rainbow Beach is 60-69 years. Households in Rainbow Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rainbow Beach work in a managers occupation. In 2011, 57.4% of the homes in Rainbow Beach were owner-occupied compared with 57.7% in 2016.
Rainbow Beach has 1,413 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 80.24% increase in median value, while Units have seen a 105.11% increase. As at 30 September 2024:
- The median value for Houses in Rainbow Beach is $767,437 while the median value for Units is $566,289.
- Houses have a median rent of $650 while Units have a median rent of $420.
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