OFF MARKET

522/3 Hilton Terrace
Tewantin QLD 4565

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 522/3 Hilton Tce, Tewantin

522/3 Hilton Tce, Tewantin is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Noosa

Last Listing description (November 2024)

Noosa Lakes Resort offers a haven for you to have your much needed holidays and still have an income for the rest of the year, a win win situation. The Resort has 3 large pools (1 heated), and one of these is a shallow pool for the kids, poolside side bbq area, tropical gardens & walkways, kayak & bike hire. Onsite overlooking the Noosa River, the complex offers guests a very popular Vietnamese Restaurant (so popular you need to book ahead), Noosa Surfboard Museum, IRC Gym & Recovery Centre, make the most of the facilities and local famous icons.

Unit 521/522 have been renovated, upstairs Unit 522 has new carpet, freshly painted, new lighting, ceiling fans, modernised bathroom, roomy walk-in shower with rimless glass shower screen, floor to ceiling tiles, new vanity, and loo. Kitchen has new bench tops, cupboards are a light gloss finish, quality appliances Fisher & Paykel Fridge Freezer, Bellini glass cook top and oven.
Unit is very light and airy, the lounge gives the unit a splash of colour and is also a sofa bed, so 4 people can stay in this unit. Daikin Air conditioning, reverse cycle, Hisense Tv.

Unit 521 the downstairs Studio has new carpet, freshly painted, modernised bathroom, corner shower with rimless glass door, new vanity, and loo. Studio does not have cooking facilities, just a small kitchenette so you can still have your early morning cuppa out on your private deck with a wonderful North/East aspect, as does the Unit 522 upstairs, reverse
Both the units are in the Holiday Letting Pool earning a good return.

The various options you have with these units being dual key is because of how they are designed, as per the following:-

All your options and how it works:-
Downstairs - Air-conditioned fully furnished Studio apartment recently refurbished, looks fresh and bright, ensuite & East facing deck overlooking the pools.
Upstairs - Air-conditioned fully furnished 1 bedroom apartment, with full kitchen, separate bedroom, deck off the living overlooking the pools and a deck off the main bedroom, cover car park directly in front of the unit.
Downstairs is the separate shared laundry for these 2 units.
Options:-
Have the onsite Managers put them in their Holiday Letting's and you get an income on both units rented out separately at the same time. Book in your own FREE holidays, use both units, or stay in one
& other rent out.
You can also have a permanent tenant on a long-term Lease upstairs, and you can use downstairs as a holiday let & your stay's.
The property is Freehold, so you do have the option of living upstairs in your property & renting downstairs out or keep both units for your own use. Only restrictions are, is that you abide by the By-Laws of the Complex.
If you are looking for a unique opportunity to invest/live in, these units are ideal. Noosa Lakes Resort is located in prime position with easy access to Noosa River & Noosa/Tewantin Marina just across the road and Lake Doonella bordering Noosa Lakes Resort complex. You can access Lake Doonella with your Kayak within the complex and then take a leisurely paddle on the Noosa River up to Noosaville, or a little further on to Noosa Spit.

Tewantin Village is a short stroll over the bridge to all the amenities you need, cafes, restaurants, boutiques, homeware shops, supermarket, fresh fruit & vegie market, Noosa/Tewantin RSL, chemists, news agency. Bus stop is just across the road from the entry of Noosa Lakes Resort if you want to go further afield to Noosa Heads/Noosa Main Beach or catch the ferry at the Marina that takes you to Hastings Street, with various stops along the way.
This property ticks all your boxes for that property you have always dreamed of having free holidays, rental income, on the glorious Sunshine Coast.

Property History for 522/3 Hilton Tce, Tewantin, QLD 4565

A timeline of how this property has performed in the market
  • 14 Aug 2024
    Listed for Sale $655,000

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About Tewantin 4565

The size of Tewantin is approximately 26.2 square kilometres. It has 28 parks covering nearly 114.6% of total area. The population of Tewantin in 2011 was 10,659 people. By 2016 the population was 10,913 showing a population growth of 2.4% in the area during that time. The predominant age group in Tewantin is 60-69 years. Households in Tewantin are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tewantin work in a trades occupation. In 2011, 64% of the homes in Tewantin were owner-occupied compared with 65.8% in 2016.

Tewantin has 5,475 properties. Over the last 5 years, Houses in Tewantin have seen a 93.02% increase in median value, while Units have seen a 58.21% increase. As at 31 October 2024:

  • The median value for Houses in Tewantin is $1,174,095 while the median value for Units is $728,267.
  • Houses have a median rent of $755 while Units have a median rent of $600.
There are currently 61 properties listed for sale, and 13 properties listed for rent in Tewantin on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Tewantin.

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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.