OFF MARKET

127/628 Esplanade
Urangan QLD 4655

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 107m2
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Property Details for 127/628 Esplanade, Urangan

127/628 Esplanade, Urangan is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 107m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2014.

Building Type
Unit
Year Built
2009
Floor Size
89m2
Land Size
107m2
Local Government
Fraser Coast Regional
Lot/Plan
127/SP225553

Last Listing description (November 2011)

Outstanding Opportunity! $30,000 Special Offer! Buy Now!
Ramada 5 star resort opportunity! Enquire now for the full Harcourts Value Package!

Immerse yourself in Hervey Bays finest 5 Star Ramada Resort. The only globally branded hotel in Hervey Bay, ''the fastest growing area in Australia''. Located adjacent an $800 million dollar marina development overlooking the beautiful Frazer Coast.

Ramada gives you a double income opportunity with dual key apartments, optimising your returns and capital growth. Ramada's dual key apartments give you complete flexibility with no restrictions, it's your choice, live in one, rent the other, or rent them both.


Plus Rental return Limited offer!!

The seller will lease your apartment for a period of 18 months at a fixed 7% of the apartment purchase price, there is also the option of income underwriting for 2 years at a minimum of 5% per annum. In both cases you still obtain all of the depreciation and tax benefits from your apartment ownership so your effective return is well above the 7% and 5% stated.
Unique to this limited offer is that both the lease and the income underwriting agreement are underwritten by a $30,000 cash deposit which will be held in both your name as purchaser and the seller's name. You have total piece of mind as this can be drawn down on at any time to ensure your elected 7% lease for 18months or 5% income underwriting agreement is meet.



Property Highlights
- Architecturally designed 5 star Dual-Key apartments
- Modern kitchen with stainless steel Blanco appliances
- Caesar stone bench tops and open plan living
- Contemporary style with excellent finishes
- Broadband Access/in house movies on request
- Security parking with personal car space
- Air conditioning & quality finishes
- Intercom security
- 2 bathrooms
- Balcony

Ramada Highlights
- Reception lobby with full reception service
- Stylish 42 metre extra long style heated pool
- Fully landscaped grounds
- Sauna/ spa and gym
- Café and bar
- Lift access
- Meeting room
- Guy leech health adventure holidays (as shown on getaway)
- Growth hot spot adjacent to an $800 million redevelopment
- Under $4000 per sqm including stunning furniture pack which underpin capital growth
- First Dual key apartments in Hervey Bay optimising potential revenue returns
- Buy Now! $30,000 Special Offer!
- Guaranteed 7% per annum lease back for 18 months with a security bond
- Global ''RAMADA'' Resort brand driving returns - 1st international hotel to Hervey Bay region!
- At 65% to 75% occupancy return, estimates are a sound 8% to 9% annual return on investment.

Be part of the growth in Hervey Bay, the renowned whale watch capital of the world, adjacent the amazing Frazer Island, a truly memorable experience in a unique natural wonderland.
What an excellent opportunity! But be quick to secure your very own dual-key apartments as they are selling fast! Call Robert anytime 7 days to arrange your private viewing.

Please contact the Sales Consultant to view a copy of the Sustainability Declaration for this property.
Additional feature/s - Public Transport: Close by.

Property History for 127/628 Esplanade, Urangan, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$312,000
20 May 2014
  • 20 May 2014
    Sold for $312,000
  • 24 Mar 2014
    Sold for $189,000
  • 17 May 2011
    Listed for Sale $410,000

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About Urangan 4655

The size of Urangan is approximately 14 square kilometres. It has 23 parks covering nearly 12.6% of total area. The population of Urangan in 2011 was 9,168 people. By 2016 the population was 9,728 showing a population growth of 6.1% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Urangan work in a professional occupation. In 2011, 58% of the homes in Urangan were owner-occupied compared with 60% in 2016.

Urangan has 6,627 properties. Over the last 5 years, Houses in Urangan have seen a 89.73% increase in median value, while Units have seen a 103.57% increase. As at 31 October 2024:

  • The median value for Houses in Urangan is $686,346 while the median value for Units is $554,137.
  • Houses have a median rent of $550 while Units have a median rent of $478.
There are currently 105 properties listed for sale, and 28 properties listed for rent in Urangan on OnTheHouse. According to CoreLogic's data, 398 properties were sold in the past 12 months in Urangan.

Suburb Insights for Urangan 4655

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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.