8-10 Myles StTewantin QLD 4565
Property Details for 8-10 Myles St, Tewantin
8-10 Myles St, Tewantin is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 302m2.
Last Listing description (March 2021)
Presenting a rare opportunity in iconic Old Tewantin. On offer is an entire strata titled block of 4 units in one line. This is a unique prospect, one of a kind window for the investor and SMSF buyer.
The well-maintained block of 4 x two-bedroom apartments with excellent tenants in place offers a strong income stream. Located in a premier location, within close walking distance to the vibrant village caf and shopping precinct of Tewantin, as well as the renowned Noosa Marina and river.
Block of 4 x 2 bed units in a proven Blue-Chip Tewantin location
Generating in excess of $66,000 rental income per annum
Low outgoings, no body corporate fees
This unit complex was completed in the 80s. Well maintained and of solid rendered brick construction, each unit comes complete with single lockup garages. There is genuine scope for updating interiors providing extra quality and income return on the investment.
Opportunities like this are extremely rare in such a high profile and sought-after locale. Contact Sandra immediately for discussion and further information.
Property History for 8-10 Myles St, Tewantin, QLD 4565
- 23 Oct 2020Listed for Sale $1,325,000
- 20 Jan 2020Listed for Sale $1,295,000
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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.
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