2/175 Ocean Dr, Twin Waters is a bedroom, bathroom Unit and was built in 2000. The property has a land size of 91m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Retail Investment in Tightly Held Centre
Shop 2 in 175 Ocean Drive, Twin Waters is being marketed as investment opportunity by Ray White Commercial Maroochydore. This space has been occupied by the successful L. J. Hooker Twin Waters real estate office for the past 5 and a half years.
Happy to negotiate the lease to meet the approval of a wise investor. This building offers an excellent opportunity to pick up an investment at the commencement of a lease with a decent return.
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 1,327 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:
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