50 Bungama Street, Maroochydore

This is a house located in 27/RP88831 Maroochydore QLD. Based on comparable properties, we estimate its value at $710,000. Constructed in 1970, with 3 bedrooms and 3 bathrooms.

ABOUT THE PROPERTY

Bedrooms
3
Bathrooms
3
Car spaces
2
Land size
632 m2
Building size
42 m2
Council area
Sunshine Coast Regional - Maroochy
Year built
1970
Lot plan
27/RP88831 Maroochydore QLD
House type
House: One Storey / Lowset



HISTORY

Last sold 16/09/2017
$604,000



LISTING DESCRIPTION
as of September 2017

High Returns in Growth Corridor! Located in the growth corridor in between the new Maroochydore Town Centre and Maroochydore Beach these high yielding registered flats represent a great long term investment.* Flat 1 tenanted @ $235/w* Flat 2 tenanted @ $240/w* Flat 3 vacant - with update should return $250/wThere are two small garages at the rear of the 632m2 allotment and any future development of the site could take full advantage of the northerly aspect.The main building has been re-roofed and while it isn't the prettiest property in the street it has a great holding income while you look towards redevelopment in the future.While you are in the middle of the new CBD and the Maroochydore Beach, Bungama St is comparatively a quiet residential street that is slowly being transformed with new homes and renovations.If you are looking for a prime positioned investment property with a low (or no) holding cost this must be top of the list!This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.UNDER CONTRACT (Subject to Contract Conditions)