8 Olive St, Mahomets Flats is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 399m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Mahomets Flats in the last 12 months.
We present this three-bedroom, two-bathroom strata titled property with no strata fee's payable. A short stroll to the beach, with the dog park right next door, this is the perfect home for your next investment, or you can purchase and move straight in! An expected rental return of $450 to $500 per week. Key features include:- Formal front lounge- Split system air-conditioning in lounge room and master bedroom - Open plan kitchen/dining/living area- Tiled and vinyl flooring throughout - Built-in-robes to bedrooms - Separate games/entertaining area- Ceiling fans in bedrooms - Paved patio area with gable roof - Garden shed- Secure, double garage - Enclosed rear yard - Close to park, beach, service stations, food outlets - Council Rates $2,500 per annum (approx.) - Water Rates $1,280 per annum (approx.) - Strata Fees Not Applicable Priced to Sell at Offers from $439,000 please call the Exclusive Agent Jim Quinn now on 0412 991 442, to make an offer or schedule a viewing time. *All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should do their own due diligence.
The size of Mahomets Flats is approximately 1 square kilometres. It has 1 park covering nearly 2.1% of total area. The population of Mahomets Flats in 2011 was 866 people. By 2016 the population was 835 showing a population decline of 3.6% in the area during that time. The predominant age group in Mahomets Flats is 50-59 years. Households in Mahomets Flats are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mahomets Flats work in a professional occupation. In 2011, 54.4% of the homes in Mahomets Flats were owner-occupied compared with 57.4% in 2016.
Mahomets Flats has 509 properties. Over the last 5 years, Houses in Mahomets Flats have seen a 101.77% increase in median value, while Units have seen a 72.58% increase. As at 30 November 2024:
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