Investor Alert 2 Incomes @ 5.79% Return

$699,000 @ 5.79% Return


Lot 3 Corey Court, Palmwoods, Queensland 4555

$699,000 @ 5.79% Return

  • 5
  • 3
  • 3

Investor Alert 2 Incomes @ 5.79% Return

This dual income home in leafy Palmwoods promises both a great return and strong capital growth in the very popular Palmwoods and Woombye corridor. Sitting on a generous 803m2 block, centrally located for easy access to all points on the Sunshine Coast including highway and motorways, or a short walk to the railway station for commuters, yet situated in a small and quiet estate with a very pretty natural setting.

Main Residence - 158.24m2 - Estimated Rental Return $450 per week
3 bedrooms all with built in robes
2 bathrooms, including ensuite with large shower to main
Double garage with storage shelving
Generous open plan living room opening to N.E facing alfresco
Practical kitchen with stone benches, quality 900m appliances, large fridge space
Plenty of storage, internal laundry
Security screens and ceiling fans, plus 2 x air conditioners
Separate entry and private fenced yard

Unit - 85.76m2 - Estimated Rental Return $320 per week
2 bedrooms with built in robes
1 bathroom
Open plan living opening to N.E facing alfresco
Practical Kitchen with stone benches, 600m appliances
Single garage
Security screens and ceiling fans, plus 2 x air conditioners
Separate entry and private fenced courtyard garden

Full turn key package including floor and window coverings, driveways, fencing , letterboxes, clothes lines and landscaping.

Woombye and Palmwoods are extremely popular with those who love the Sunshine Coast but prefer a country town setting on larger blocks, they are the lifestyle choice for many with their wide array of markets, healthy food options and pleasant walks. Just 15 minutes drive will have you in the heart of Maroochydore with its emerging new town centre, at a great surf beach, the airport or up on the Hinterland taking in Montville and Maleny. The average days on market for existing homes for sale is just 25 days and rental demand is strong providing the perfect combination of demand for both owner occupier and invetsor properties with capital growth of 26.5% over the past 5 years.

Completion is expected in September, this property is available for a 2 part purchase with the land being $310,000 and thte build $389,000. At $699,000 it represents a saving of $6000 over comparable properties in the area. Get in early and make your own selections for colour scheme and inclusions. Contact the agent for a full list of plans and inclusions.

Features

General Features

  • Bedroom: 5
  • Bathrooms: 3 (Ensuites: 1)
  • Garaging: 3 ( remote access )
  • Land Size: 803 m2 (approx)
  • Fully Fenced

External Features

  • Outdoor Entertaining Area

Internal Features

  • Reverse Cycle Airconditioning
  • Built In Robes
  • Dishwasher
  • Hot Water System: gas
This listing last updated:
10th September 2018

Marketing Contact

Fiona Gregory

Marketing Agency

Fiona Gregory

Sunshine Estate Agents

Map Location ( get directions )

Lot 3 Corey Court, Palmwoods, Queensland 4555