SOLD
Sold on 21 May 2024 for $1,325,000

31 Balyata Street
Warana QLD 4575

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 520m2
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Property Details for 31 Balyata St, Warana

31 Balyata St, Warana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 520m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Warana in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
94m2
Land Size
520m2
Local Government
Sunshine Coast Regional
Lot/Plan
557/W95527

Last Listing description (June 2024)

Discover a lucrative opportunity nestled in a quiet street just steps from the sand. Situated on 520 sqm of prime beachside land, this property offers not one but two separate approved houses on a single title, presenting an unparalleled chance for dual-income generation.

Boasting an enviable location, just a short stroll away from the inviting surf beach, playground, and coastal pathway, this investment gem promises not only a tranquil lifestyle but also convenient access to local amenities. With major shopping centres, cinemas, schools, a surf club, hospitals, and The Sunshine Coast Sports Stadium nearby, this property epitomises both comfort and convenience.

The first house features three bedrooms, one bathroom, and a single-car garage. Its open-plan, air-conditioned living and dining areas are adorned with raked ceilings with exposed beams, seamlessly flowing into a spacious kitchen equipped with ample bench and storage space. Step outside to discover an all-weather, north-facing private outdoor entertaining zone, fully fenced for privacy and security. Currently tenanted until January 2025, this residence yields a remarkable rental income of $620 per week.

Adjacent lies the modern second house, boasting one bedroom, one bathroom, and a tandem car space. Considerably designed, this single level living with wide hallways, easy wheelchair accessibility, roll in shower and grab rails provides excellent facilities for the disabled or elderly. Its contemporary layout includes an air-conditioned open-plan living area complemented by a sleek kitchen with stone benches, gas cooking, and generous storage options. Enjoy alfresco dining year-round in the under-roof, north-facing outdoor space bordered by low-maintenance astroturf. Currently leased until July 2024, this dwelling commands a rental income of $490 per week.

Features:
520sqm of land in a quiet beachside street
Two separate approved houses on one title, both generating excellent rental income
Short stroll to surf beach, playground, coastal pathway, and local convenience
Close to major shopping, cinemas, schools, surf club, hospital, and sports stadium

House One:
Three bedrooms, one bathroom, one car
Open plan airconditioned living/dining with raked ceilings
Spacious kitchen with ample bench and storage space
All weather north facing private outdoor entertaining zone
Fully fenced with lush lawn areas and a large garden shed
Immaculate condition with excellent tenants in place until January 2025
Rental income of $620 per week

House Two:
* Considerably designed single level living with wide hallways, easy wheelchair accessibility, roll in shower and grab rails providing excellent facilities for the disabled or elderly
Modern one bed, one bath plus tandem car space
Air-conditioned open-plan living
Contemporary kitchen with stone benches, gas cooking and ample storage
Convenient European Laundry
All weather under roof north facing alfresco
Low maintenance astroturf
Excellent tenants in place until July 2024, paying $490 per week

Both tenanted homes are meticulously maintained, featuring fresh interiors and outdoor spaces designed for minimal upkeep. Whether you're a seasoned investor or a newcomer to the property market, this dual-income opportunity presents an unmissable chance to secure a steady stream of rental returns in a highly sought-after coastal locale.

Please contact Craig and Sonia to arrange a private viewing.

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Property History for 31 Balyata St, Warana, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$1,325,000
21 May 2024
Listed for Rent
$450/w
28 Aug 2020
  • 21 May 2024
    Sold for $1,325,000
  • 14 Mar 2024
    Listed for Sale UNDER CONTRACT $1,325,000
  • 08 Nov 2023
    Listed for Rent $620 / week
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About Warana 4575

The size of Warana is approximately 2.9 square kilometres. It has 12 parks covering nearly 12.1% of total area. The population of Warana in 2011 was 3,510 people. By 2016 the population was 3,700 showing a population growth of 5.4% in the area during that time. The predominant age group in Warana is 30-39 years. Households in Warana are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warana work in a professional occupation. In 2011, 58.9% of the homes in Warana were owner-occupied compared with 63.3% in 2016.

Warana has 2,288 properties. Over the last 5 years, Houses in Warana have seen a 94.79% increase in median value, while Units have seen a 90.19% increase. As at 30 November 2024:

  • The median value for Houses in Warana is $1,345,756 while the median value for Units is $777,819.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Warana on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Warana.

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