SOLD
RECENT ADVICE
Sold on 30 Aug 2024 for $682,500

109/3-5 Spinnaker Drive
Sandstone Point QLD 4511

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 122m2
Sold By
Belle Property Bribie Island
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Property Details for 109/3-5 Spinnaker Dr, Sandstone Point

109/3-5 Spinnaker Dr, Sandstone Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 122m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Sandstone Point in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
99m2
Land Size
122m2
Local Government
Moreton Bay

Last Listing description (October 2024)

Overlooking the iconic Spinnaker Sound Marina, this spacious and modern apartment with two-bedrooms and a designated office, offering an unparalleled opportunity to secure the ultimate lifestyle property. Perfectly positioned on the edge of paradise and boasting stunning views of Bribie Island and the picturesque Pumicestone Passage this property has the advantage of a proven income stream. Whether you're looking for a pristine property for yourself or a high performing investment - this property has you covered.

Apartment Highlights:
- 2 built in bedrooms, both with fans and air conditioning

- Main bedroom with walk in robe, ensuite and study nook
- Additional multi-purpose room, possibly utilised for an office, guest room, second sitting room, storage facility
- Modern kitchen with gas cook top, stone bench tops, dishwasher
- Air conditioned open plan living area - ample room for dining space and lounge area
- Great size balcony off the main living space - views as far as the eye can see
- Other features; internal laundry, 2 double linen/storage cupboards, secure entry, private car space, ample visitor parking
- Investment return; this property has been utilised as an Airbnb with an average occupancy rate of over 70% over 2.5 years, with an annual return of over $52,000 (further figures available upon request)

This location offers a vibrant lifestyle with numerous dining options within walking distance, including the renowned Sandstone Point Hotel and The Oyster Shed. Whether you (or your guests) are wanting to head to a concert at Sandstone Point Hotel, or perhaps boating, fishing, or simply enjoying the tranquility of the waterfront, this location has something for everyone.

This isn't just a place to live-it's a lifestyle choice for those who dream of waking up to breathtaking views, where every day feels like a holiday.

Opportunities like this are few and far between and won't last long! For more information or to schedule a viewing, get in touch today.

Property History for 109/3-5 Spinnaker Dr, Sandstone Point, QLD 4511

A timeline of how this property has performed in the market
Last Sold
$682,500
30 Aug 2024
  • 30 Aug 2024
    Sold for $682,500
  • 19 Jul 2024
    Listed for Sale $679,000

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About Sandstone Point 4511

The size of Sandstone Point is approximately 5.3 square kilometres. It has 15 parks covering nearly 10.1% of total area. The population of Sandstone Point in 2011 was 3,894 people. By 2016 the population was 3,975 showing a population growth of 2.1% in the area during that time. The predominant age group in Sandstone Point is 60-69 years. Households in Sandstone Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandstone Point work in a trades occupation. In 2011, 75.3% of the homes in Sandstone Point were owner-occupied compared with 76.9% in 2016.

Sandstone Point has 2,040 properties. Over the last 5 years, Houses in Sandstone Point have seen a 77.36% increase in median value, while Units have seen a 82.14% increase. As at 30 November 2024:

  • The median value for Houses in Sandstone Point is $846,750 while the median value for Units is $619,960.
  • Houses have a median rent of $630 while Units have a median rent of $510.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Sandstone point on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Sandstone point.

Suburb Insights for Sandstone Point 4511

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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.