SOLD
Sold on 15 Jun 2024 for $1,350,000

7 Palkana Drive
Warana QLD 4575

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 546m2
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Property Details for 7 Palkana Dr, Warana

7 Palkana Dr, Warana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1988. The property has a land size of 546m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Warana in the last 12 months.

Building Type
House
Year Built
1988
Floor Size
88m2
Land Size
546m2
Local Government
Sunshine Coast Regional
Lot/Plan
355/W95525

Last Listing description (November 2024)

Unlock the potential of prime coastal real estate at 7 Palkana Drive, Warana. Set just a stone's throw from the sun-drenched sands of Warana beach, this property beckons developers and visionaries alike. Boasting a substantial 546m2 block with a generous frontage of 18.1 meters and a depth of 30.2 meters, the canvas for creative construction is expansive.

With coveted medium density zoning, the opportunity to reimagine this site into a multi-dwelling masterpiece subject to council approval is unparalleled. The rear of the property enjoys a desirable northern aspect, inviting abundant natural light to illuminate your designs. Additionally, the current home features three bedrooms, a well-appointed bathroom, and a kitchen that overlooks the spacious yard, offering a comfortable retreat or potential rental income during the development or planning phase.

A covered outdoor entertaining area and single lock-up garage add further appeal and functionality to the property. Situated in close proximity to the Coastal Pathway, residents can enjoy leisurely walks or bike rides along the picturesque coastline. Moreover, the nearby beach is dog-friendly, providing ample opportunities for outdoor recreation with furry friends.

A sizable shed measuring approximately 6 meters by 3 meters offers added utility and potential. Whether you envision sleek duplexes, modern triplexes, or a bespoke dream home, the possibilities are limited only by imagination. Conveniently located near local amenities such as a butcher, bakery, green grocer, cafes, and restaurants, and mere minutes from Kawana Shopping World, cinemas, and Sunshine Coast University Hospital, every convenience is within reach.

Families will appreciate the close proximity to schools including Buddina State School and Kawana State College. Seize this rare chance to shape your coastal vision into reality - enquire now to seize this golden opportunity!

Property History for 7 Palkana Dr, Warana, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$1,350,000
15 Jun 2024
Listed for Rent
$475/w
23 Oct 2018
  • 15 Jun 2024
    Sold for $1,350,000
  • 04 Apr 2024
    Listed for Sale Offers Over $1,350,000
  • 23 Oct 2018
    Listed for Rent $475 / 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 2,263 properties. Over the last 5 years, Houses in Warana have seen a 90.31% increase in median value, while Units have seen a 87.27% increase. As at 31 October 2024:

  • The median value for Houses in Warana is $1,305,632 while the median value for Units is $763,765.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Warana on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Warana.

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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.