44/59 Owen Jenkins DriveSarina Beach QLD 4737
Property Details for 44/59 Owen Jenkins Dr, Sarina Beach
Last Listing description (August 2024)
EXCLUSIVE TO CRE BROKERS. The Palms Restaurant Bar and Sarina Beach Motel, ocean frontage business at Sarina Beach township in the Mackay Region.
Island-like lifestyle provides opportunity to witness turtles, whales and dolphins. You will need to remind yourself you are in fact, on the mainland:
. Genuine lifestyle choice in a relaxed beachside community;
. 5 Freehold titles;
. Twenty room Motel;
. Potential for up to fourteen caravan sites with Council approval;
. Enormous cash flow motel, licensed Restaurant;
. Stable clientele, contracted 1,400 room nights/year;
. Preferred supplier status with several companies and LEDO;
. A tourism and recreation hot spot;
. Huge 2024 Net Profit anticipated.
Property History for 44/59 Owen Jenkins Dr, Sarina Beach, QLD 4737
- 20 May 2024Listed for Sale FHGC $6,500,000
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0About Sarina Beach 4737
The size of Sarina Beach is approximately 17.4 square kilometres. The population of Sarina Beach in 2011 was 352 people. By 2016 the population was 608 showing a population growth of 72.7% in the area during that time. The predominant age group in Sarina Beach is 60-69 years. Households in Sarina Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sarina Beach work in a machinery operators and drivers occupation. In 2011, 66.2% of the homes in Sarina Beach were owner-occupied compared with 77% in 2016.
Sarina Beach has 359 properties. Over the last 5 years, Houses in Sarina Beach have seen a 98.11% increase in median value, while Units have seen a 123.77% increase. As at 31 October 2024:
- The median value for Houses in Sarina Beach is $609,278 while the median value for Units is $345,915.
- Houses have a median rent of $450 while Units have a median rent of $188.
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