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Sold on 15 Jan 2024 for $769,000

54 King Street
Urangan QLD 4655

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1012m2
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Property Details for 54 King St, Urangan

54 King St, Urangan is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Urangan in the last 12 months.

Building Type
House
Land Size
1012m2
Local Government
Fraser Coast Regional
Lot/Plan
162/RP35289

Last Listing description (January 2024)

An exceptionally rare prospect awaits investors in Urangan, offering the chance to own a slice of paradise within walking distance to the Marina, 200 metres to beach, markets, and the iconic Urangan Pier. This property stands as an investor's dream, presenting a unique opportunity. With access from King Street to Hibiscus Street, there exists the future potential to subdivide, pending council approval. Whether considering the construction of a second dwelling or reveling in the expansive 1012m2 block with an existing two-bedroom Queenslander, the possibilities are promising.
The Queenslander-style home features K'Gari timber floors, seamlessly blending original and modern elements. Despite its age, this property has been cared for, allowing for immediate occupancy and enjoyment within walking distance to all amenities. The design is quintessentially Queensland, with a hi-set configuration for optimal airflow, timber floors contributing to a natural and warm ambiance, and traditional features like fretwork above doorways and push-out windows with screens. The property is surrounded by established trees which may need the expertise of an arborist in the future or simply leave for complete privacy.
The property's charm extends to the original kitchen, and there's potential to elevate the structure, creating additional space underneath or providing extra undercover parking. For those seeking a renovation project, this property offers a canvas for renewal and redecoration.

In terms of investment potential, this property stands out with its dual access and an existing home that could potentially yield a rental income of $500+ per week. This not only secures a steady return but also provides a source of income while contemplating future strategic moves. Don't miss out on this rare investment gem in a sought-after location.
• Rare Investment Opportunity
• Large 1012m2 block King Street to Hibiscus Street access
• 2 spacious Bedrooms with built in wardrobe.
• Main Bedroom with Box Air-conditioner
• Kitchen Dining
• Gas Upright Stove
• Large Living Area
• Air-Conditioned Front Bedroom
• Ceiling Fans Throughout
• Bathroom Upstairs
• Solar Hot -Water
• Fully fenced
• Separate Toilet upstairs
• High-Set – with potential to raise to meet 2.4m requirement
• 200 metres to Beach, walking distance to Marina, Markets and Pier.
• Typical 1950-60s Queensland Style Home with K'Gari timber floors

Property History for 54 King St, Urangan, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$769,000
15 Jan 2024
Listed for Rent
$480/w
26 Sep 2024
  • 12 Sep 2024
    Listed for Rent $480 / week
  • 08 Jan 2024
    Sold for $769,000
  • 19 Dec 2023
    Listed for Sale Offers over $699,000 considered
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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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Contact agent
Vicki Maynard
Show contact details
Prime Agents Hervey Bay
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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.