Massive allotment, massive potential

50 Jones Parade, Coolum Beach, 4573

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1,299,873 AUDEst. Mortgage: AUD 9,134/monthFor Sale
  • Ownership Type House
  • Property Area 708 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Furnished No
  • Last Updated 10th Apr, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 1
  • Garage: 5
  • Outdoor Entertaining Area
  • Living Areas: 3
  • Rumpus Room
  • Study

Property Overview

This one is special. The property can be divided to create a fully self contained unit (air BNB etc) that has its own entry. The main house is a 3 bedder and one bathroom. The 'possible unit' is 1 bedroom and a bathroom with 2 living areas. Can be fully self contained. All in all we have a 4 bedroom, 2 bathroom house with 3 separate living areas. If you choose, the development potential here is huge due to the large flat allotment in central Coolum. That means a flat walk to the beach and shops. Features include:<br/><br/>* 4 bedrooms and 2 bathrooms<br/>* 3 Separate living areas<br/>* Hugh flat lot<br/>* Massive 5 bay shed with a 3 metre clearance + a carport (at the rear of the property)<br/>* 1 bedroom and 2 living rooms and a bathroom can be sectioned off for income producing potential<br/>* Currently tenanted, lease end is September 2022<br/><br/>You have seen what has happened in Coolum in the past 2 years, well hang on, because the run up to the 2032 Olympics will be another jump and a (probable) doubling in prices again. We need just 7.2% capital gain (compounded) in 10 years to double the prices.<br/><br/>***** PLEASE NOTE THAT WE NOW USE AN 'ON LINE' BOOKING SYSTEM FOR ALL OPEN HOUSE VIEWINGS, SIMPLY REQUEST AN INSPECTION AND YOU WILL IMMEDIATELY RECEIVE AN AUTO-REPLY WITH ALL OF THE INFORMATION TO ATTEND A VIEWING *****

Location on Google Map

50 Jones Parade, Coolum Beach, 4573

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