SOLD
RECENT ADVICE
Sold on 24 May 2024 for $620,000

144 Shoal Point Road
Shoal Point QLD 4750

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Land area: 721m2
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Property Details for 144 Shoal Point Rd, Shoal Point

144 Shoal Point Rd, Shoal Point is a 3 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 721m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom BlockOfUnits sold in Shoal Point in the last 12 months.

Building Type
BlockOfUnits
Land Size
721m2

Last Listing description (May 2024)

Nestled just moments away from the pristine sands of Shoal Point beach, and conveniently close to shops, cafes, and esteemed schools, this sturdy triplex promises a savvy investment for discerning buyers. Boasting three well-appointed 1-bedroom units, this Besser block constructed property offers durability and reliability, ensuring long-term value for investors.
Already boasting dependable long-term tenants, this property yields a gross yearly income of $47,060.00, with potential for future rental escalations. Each unit has undergone recent renovations, presenting modern interiors for comfortable living. Featuring open-plan kitchen and living areas, bedrooms with built-in robes and ceiling fans, spacious bathrooms with separate toilets, and convenient carport parking and laundry facilities for each unit.

Key Features:

• Proximity to beach, shops, and schools
• 3 x 1-bedroom units with built-in wardrobes
• Fully air-conditioned with ceiling fans
• Low-maintenance vinyl floors
• Freshly painted interiors & exteriors
• Private rear patios & undercover parking
• Fully tenanted generating $47,060.00 PA
• Rates: $3,588.70 ½ yearly
• Insurance: $1,316.04 PA
• Regular maintenance and upgrades by seller
• Generous 721sqm allotment
• No body Corp fees (1 Title)
• Flood-free location
• Outstanding Investment opportunity

Opportunities in such sought-after locations are rare, act now to secure this lucrative investment! For further details, contact Trevor Camilleri on 0413 615 333.

Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

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Property History for 144 Shoal Point Rd, Shoal Point, QLD 4750

A timeline of how this property has performed in the market
Last Sold
$620,000
24 May 2024
Listed for Rent
$220/w
23 Apr 2015
  • 03 May 2024
    Sold for $620,000
  • 10 Apr 2024
    Listed for Sale Not Disclosed
  • 18 Jun 2023
    Listed for Sale $649,000
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About Shoal Point 4750

The size of Shoal Point is approximately 6.1 square kilometres. It has 6 parks covering nearly 6.4% of total area. The population of Shoal Point in 2011 was 1,086 people. By 2016 the population was 980 showing a population decline of 9.8% in the area during that time. The predominant age group in Shoal Point is 50-59 years. Households in Shoal Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shoal Point work in a professional occupation. In 2011, 66.2% of the homes in Shoal Point were owner-occupied compared with 74.3% in 2016.

Shoal Point has 634 properties. Over the last 5 years, Houses in Shoal Point have seen a 70.70% increase in median value, while Units have seen a 115.57% increase. As at 30 November 2024:

  • The median value for Houses in Shoal Point is $670,041 while the median value for Units is $349,730.
  • Houses have a median rent of $790 while Units have a median rent of $400.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Shoal point on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Shoal point.

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Trevor Camilleri
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