SOLD
Sold on 22 Feb 2024 for $620,000

2/18A Farrell Street
Yandina QLD 4561

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 106m2
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Property Details for 2/18a Farrell St, Yandina

Building Type
Commercial
Land Size
106m2
Local Government
Sunshine Coast Regional
Lot/Plan
2/BUP103715

Last Listing description (April 2024)

Amber Werchon Property presents to the market, 2/18A Farrell Street, Yandina. Presenting a rare opportunity to purchase three units on one title. Situated within a prominent complex, this property boasts a range of medical tenants, a pharmacy, professional and personal services, as well as a bustling espresso bar at the front. With ample on-site car parking and located in the heart of Yandina's main hub, this complex offers unrivaled convenience.

Building Size m2:
Shop 2 - 26.5m2 - Tenanted until 29/11/2024

Shop 3 - 34.5m2 - Tenanted month by month
Shop 4 - 48m2 - Vacant possession
Total - 109m2

This property is presently occupied on short term leases with consistent income. It is a great opportunity for both investors and owner occupiers. Great high-end shop fitout done last year in Shop 4 is included in the Sale. The current owner has sold his business and Shop 4 is ready for a new owner occupier or tenant to move in.

Currently fully tenanted at just over $5,000 per month, this is an opportunity not to be missed. Why not be part of the charming Yandina town-centre, where you can take advantage of both grocery and specialist shopping, or enjoy one of the local cafs or a meal at the historic Yandina Pub.

Yandina enjoys a strategic location, being centrally positioned between Noosa, Maroochydore, and several other bustling commercial hubs. Its close proximity to major cities and transportation networks makes it an ideal location for businesses aiming to serve a wider market or seeking connectivity.

Beyond the Future Pty Ltd working in conjunction with Amber Werchon Property.

Property History for 2/18a Farrell St, Yandina, QLD 4561

A timeline of how this property has performed in the market
Last Sold
$620,000
22 Feb 2024
Listed for Rent
$96/w
03 Sep 2020
  • 22 Feb 2024
    Sold for $620,000
  • 24 Oct 2023
    Listed for Sale Under Offer
  • 10 Jan 2022
    Listed for Sale Offers Over $550,000
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About Yandina 4561

The size of Yandina is approximately 15.4 square kilometres. It has 13 parks covering nearly 9% of total area. The population of Yandina in 2011 was 2,221 people. By 2016 the population was 2,364 showing a population growth of 6.4% in the area during that time. The predominant age group in Yandina is 50-59 years. Households in Yandina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yandina work in a trades occupation. In 2011, 66.5% of the homes in Yandina were owner-occupied compared with 68.7% in 2016.

Yandina has 1,896 properties. Over the last 5 years, Houses in Yandina have seen a 85.88% increase in median value, while Units have seen a 92.88% increase. As at 30 September 2024:

  • The median value for Houses in Yandina is $934,116 while the median value for Units is $445,205.
  • Houses have a median rent of $700 while Units have a median rent of $390.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Yandina on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Yandina.

Suburb Insights for Yandina 4561

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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.