OFF MARKET

44 Hibiscus Street
Urangan QLD 4655

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 1012m2
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Property Details for 44 Hibiscus St, Urangan

44 Hibiscus St, Urangan is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1950
Land Size
1012m2
Local Government
Fraser Coast Regional
Lot/Plan
33/RP35289

Last Listing description (November 2023)

Positioned in a highly sought after position on a rare high-density allotment sits this charming character home with endless potential for the savvy investor, renovator or developer. Located only approx. 200m from the Urangan Pier and the heart of activity in the Urangan tourism node this property has an enviable position with the option to utilise the property to varying different needs and requirements.

The option is yours. Utilise the property in its current form as an investment and holiday house and land bank for the future or explore its development potential for multiple uses including multi-residential, tourist accommodation or offer food, shopping, entertainment and personal services to visitors and residents.

Features include:

1,012m2 high density allotment which is also positioned in Precinct HDR1 (Hervey Bay Tourism Node). Development in this precinct provides for higher density residential and mixed-use development, a maximum building height of 26m above ground level and a range of non-residential uses (sourced from Fraser Coast Planning Scheme - January 2014 Version 11 - available on request from the agent).
Queenslander timber style home, which is currently utilised as two flats, one flat is currently tenanted and the other is vacant for use by the owners as a holiday house

Flat A features:
Front paved patio area which adjoins a formal living room with vaulted ceilings and ceiling fan
Open plan kitchen and dining with feature timber tongue and groove ceilings and walls
Main bedroom with air-conditioning, high ceilings and built in wardrobe and vanity
Additional sleepout
Tidy bathroom with separate toilet room
Rear deck adjoining kitchen and dining, overlooking backyard
External laundry room/ storage room

Flat B features:
Separate entry
Tidy kitchen with electric freestanding oven
L-shaped living space
Main bedroom with vaulted ceilings and built in wardrobe
Bathroom with separate toilet
External laundry
Currently leased for $230 per week until December 2023

Properties of this nature and in this location are highly sought after in todays market. Please contact Eli Winger for all enquiries and inspections.

*DISCLAIMER - Please note all information regarding development potential has been sourced from the Fraser Coast Regional Council Planning Scheme 2014 and can be provided by enquiry to the agent. Although the selling agent has made all endeavours to ensure information provided is accurate, Buyers should rely on their own investigations, enquiries, and due diligence regarding the properties current and future use.

Property History for 44 Hibiscus St, Urangan, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$740,000
28 Jul 2023
Listed for Rent
$200/w
21 Apr 2017
  • 28 Jul 2023
    Sold for $740,000
  • 09 Jul 2023
    Listed for Sale UNDER CONTRACT | Expressions of Interest
  • 21 Apr 2017
    Listed for Rent $200 / week
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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 6,628 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 98 properties listed for sale, and 28 properties listed for rent in Urangan on OnTheHouse. According to CoreLogic's data, 391 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.