SOLD
Sold on 18 Jul 2024 for $950,000

165 Reid Road
Wongaling Beach QLD 4852

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 710m2
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Property Details for 165 Reid Rd, Wongaling Beach

Building Type
Commercial
Land Size
710m2
Local Government
Cassowary Coast Regional
Lot/Plan
105/W11131

Last Listing description (January 2022)

This commercial building with a full commercial kitchen and residence above is in a prime location in Wongaling Beach. Situated on an approx. 710m2 block of land right across the road from the beach; this is currently a popular restaurant serving Thai cuisine to locals and tourists. Here, your diners can enjoy beautiful sea breezes and ocean views as they enjoy their meal; plus the new Rotary Splash Pad and playground is just across the road.

A timber internal staircase provides access to upstairs; where you will find a two bedroom, one bathroom residence with a spacious living area. With amazing ocean and island views, it’s easy to imagine waking up to this view every morning. This is a quality home built by an award winning local builder and is constructed of solid concrete. The backyard is a good size with a double garage or shed.

This property is being offered as a walk in walk out opportunity with all commercial equipment included. Why not take this amazing opportunity to make Wongaling Beach your next culinary destination.

Contact the friendly sales team at LJ Hooker Tully for more information or to arrange an inspection.

Property History for 165 Reid Rd, Wongaling Beach, QLD 4852

A timeline of how this property has performed in the market
Last Sold
$950,000
18 Jul 2024
  • 18 Jul 2024
    Sold for $950,000
  • 12 Oct 2021
    Sold for $498,200
  • 15 Jun 2012
    Listed for Sale $460,000 plus GST
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About Wongaling Beach 4852

The size of Wongaling Beach is approximately 8.8 square kilometres. It has 4 parks covering nearly 30.5% of total area. The population of Wongaling Beach in 2011 was 1,063 people. By 2016 the population was 1,247 showing a population growth of 17.3% in the area during that time. The predominant age group in Wongaling Beach is 50-59 years. Households in Wongaling Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wongaling Beach work in a managers occupation. In 2011, 57.8% of the homes in Wongaling Beach were owner-occupied compared with 57.6% in 2016.

Wongaling Beach has 1,103 properties. Over the last 5 years, Houses in Wongaling Beach have seen a 61.33% increase in median value, while Units have seen a 52.23% increase. As at 31 October 2024:

  • The median value for Houses in Wongaling Beach is $639,588 while the median value for Units is $308,314.
  • Houses have a median rent of $575 while Units have a median rent of $375.
There are currently 49 properties listed for sale, and 4 properties listed for rent in Wongaling beach on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Wongaling beach.

Suburb Insights for Wongaling Beach 4852

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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.