OFF MARKET

3/11 Place Avenue
Sarina QLD 4737

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 110m2
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Property Details for 3/11 Place Ave, Sarina

3/11 Place Ave, Sarina is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2013. The property has a land size of 110m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Townhouse
Year Built
2013
Floor Size
71m2
Land Size
110m2
Local Government
Mackay Regional
Lot/Plan
3/SP263235

Last Listing description (May 2024)

Here is an opportunity like no other to buy not one but three modern units in a tightly-held complex in the highly sought-after suburb of Sarina. This neat and tidy single-level complex features two semi-detached and one standalone unit all with two bedrooms and two bathrooms.

Cleverly designed to maximise every inch of the 1012m2 block, the three units are easily accessible by a concrete driveway with secure off-street parking. The two semi-detached units are at the front of the block, sharing a common wall between the two garages, while the standalone unit is at the rear of the block.

All three units feature spacious, light and airy open plan living/dining and kitchen areas, two generously sized bedrooms with built-ins, a family-sized bathroom with bath and shower, an ensuite with shower and toilet a separate toilet, an undercover outdoor patio overlooking the backyard and a single vehicle remote-controlled lock up garage with laundry area.

Each unit has been well designed and appointed with glossy white floor tiles throughout, crisp white walls, practical hard-wearing cream carpet in the bedrooms, modern timber look laminate cabinetry in the bathrooms and the kitchens, stone benchtops, state-of-the-art oven and cooktops, ceiling fans and air conditioning in the living area and bedrooms.

The well-executed C-shaped kitchens boast ample under-bench and overhead storage, a full-sized double-door pantry, a breakfast bar and a double sink. The undercover concrete patios are accessible via glass sliding doors and are lovely and private thanks to the six-foot timber fence surrounding the property.

With established gardens and a modern white and grey facade, this modern three-unit complex has great street appeal and is within walking distance of parks and playgrounds and is just a three-minute drive from Sarina town centre with shops, eateries and schools.

Sarina is a 30-minute drive south of Mackay and is well-known as the sugar industry town and holiday beach destination on the Serenity Coast. It is famous for its tourist attraction, the Sarina Sugar Shed and the golden sands and turquoise waters of Sarina Beach. Sarina is fast becoming a popular place to live for couples, families and singles because of its close proximity to Mackay, parks, playgrounds, schools and beach access.

Some of the benefits of this modern, neat and tidy three-unit complex in Sarina:

> Three units, two semidetached, one standalone
> 1012m2 block
> Concrete driveway, secure off-street parking
> Two bedrooms
> Two bathrooms
> Spacious open-plan living/dining areas
> Well-designed C-shaped kitchens
> Generously sized-bedrooms
> Undercover concrete patios
> Single-vehicle remote-controlled lock-up garages
> Built-ins
> Airconditioning
> Ceiling fans

This triplex is currently tenanted with a combined rental return of $1440/wk. The current tenancies are on the following leases;
> Unit 1 is currently tenanted at $480/week until 18th of September 2023.
> Unit 2 is currently tenanted at $480/week until 18th of February 2024.
> Unit 3 is currently tenanted at $480/week until 8th of February 2024
The gross yield for this investment is approximately 8.3%

To take advantage of this exclusive opportunity to buy this tightly-held neat and tidy modern three-unit complex in Sarina, don't delay, contact Benjamin from Baileux today, to arrange your inspection. Ph. 0400 989 161 or benjamin@baileux.com.au

Property History for 3/11 Place Ave, Sarina, QLD 4737

A timeline of how this property has performed in the market
Last Sold
$266,667
04 May 2023
Listed for Rent
$495/w
18 Aug 2023
  • 01 Aug 2023
    Listed for Rent $495 / week
  • 12 Jul 2023
    Listed for Sale SOLD by Baileux
  • 04 May 2023
    Sold for $266,667
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About Sarina 4737

The size of Sarina is approximately 250.8 square kilometres. It has 18 parks covering nearly 7.6% of total area. The population of Sarina in 2011 was 5,729 people. By 2016 the population was 5,503 showing a population decline of 3.9% in the area during that time. The predominant age group in Sarina is 50-59 years. Households in Sarina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sarina work in a trades occupation. In 2011, 67.7% of the homes in Sarina were owner-occupied compared with 65.4% in 2016.

Sarina has 2,715 properties. Over the last 5 years, Houses in Sarina have seen a 75.48% increase in median value, while Units have seen a 121.57% increase. As at 31 October 2024:

  • The median value for Houses in Sarina is $459,100 while the median value for Units is $332,437.
  • Houses have a median rent of $550 while Units have a median rent of $320.
There are currently 26 properties listed for sale, and 7 properties listed for rent in Sarina on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Sarina.

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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.