11/175 Ocean DriveTwin Waters QLD 4564
Property Details for 11/175 Ocean Dr, Twin Waters
11/175 Ocean Dr, Twin Waters is a bedroom, bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 104m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
Last Listing description (February 2015)
GROUND FLOOR OFFICES - TWIN WATERS SHOPPING CENTRE
An opportunity exists for an owner occupier to purchase their own offices located in the Twin Waters Shopping Centre. Good holding income exists under a current one year lease until October 31, 2015.
There are a range of shopping and dining facilities at the Twin Waters Shopping Village. The complex is home to a well-stocked convenience store, medical centre, pharmacy, real estate agencies, take-away and coffee shop, plus a licensed restaurant. The Centre also has a lawyer and accountant.
The offices being offered for sale are located at 11, 175 Ocean Drive, Twin Waters and are 106m2 in size. Tiled throughout, there is a light and airy front office with reception area. Three offices plus a good size conference room, storage and filing area across the rear of the offices, plus a full bathroom with shower, for those who would like to take advantage of the kayaking on the nearby waterways and/or cycling around this beautiful area. Good parking is right at the front door of the offices.
The current tenant is a national company of Loss Adjusters - CERNO Limited. Their lease expires 31st October 2015. There are no options in place. The rent is $27,000 p.a. plus GST and outgoings.
Property History for 11/175 Ocean Dr, Twin Waters, QLD 4564
- 04 Dec 2015Sold for $346,500
- 02 Oct 2014Listed for Sale 365000
- 28 Nov 2013Listed for Sale 420000
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About Twin Waters 4564
The size of Twin Waters is approximately 4.6 square kilometres. It has 20 parks covering nearly 43.7% of total area. The population of Twin Waters in 2011 was 2,549 people. By 2016 the population was 2,680 showing a population growth of 5.1% in the area during that time. The predominant age group in Twin Waters is 60-69 years. Households in Twin Waters are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Twin Waters work in a professional occupation. In 2011, 75.6% of the homes in Twin Waters were owner-occupied compared with 77.4% in 2016.
Twin Waters has 1,328 properties. Over the last 5 years, Houses in Twin Waters have seen a 94.85% increase in median value, while Units have seen a 78.70% increase. As at 31 October 2024:
- The median value for Houses in Twin Waters is $1,589,061 while the median value for Units is $1,115,216.
- Houses have a median rent of $1,150 while Units have a median rent of $860.
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