Back 1/46 Boongala Terrace
Off Market

1/46 Boongala Terrace

Maroochydore QLD 4558

2
1
1
Unit
Last sold for $280,000
Lee SutherlandLee Sutherland, last sold this property on 02 November 2017 after 156 days on market.

Overview

PRICE REDUCED FOR QUICK SALE - Invest in Security, Invest in Winning Location!

This tightly held ground floor apartment in a well-established complex opposite parkland in a central Maroochydore street within close proximity to many major amenities, offers an affordable investment to commence or add to your property portfolio, or a fabulously located first home for entry level buyers. Complete with two bedrooms, modern bathroom with separate toilet, modern kitchen, open plan living flowing out to patio and grassy area for BBQ’s and alfresco relaxation, oversized single lock up garage with laundry; this is easy care living with the focus on Easy! Features include: stainless steel dishwasher, interior brick walls, security screens, shower over bath, timber blinds and pleasant outlook over grounds and parkland opposite. Neat and tidy, the apartment has attracted long-term tenants over the years, committed to long leases; current tenant is paying $335 per week and the tenancy agreement expires in July 2017. The body corporate is low, and includes all building and garden maintenance, and the gardens are leafy and well cared for. Recently the drainage to the building has been upgraded, ensuring the comfort of residents in the event of heavy rains. The building is a solid, double brick construction and maintenance issues are rare. From here the amenities such as the Homemaker Centre, Maroochydore State High and Primary, Sunshine Plaza, Ocean Street dining precinct, the river, public transport, Stella Maris Primary School, and the new multi-million dollar SunCentral CBD development are within walking and cycling distance. Cotton Tree’s boutique dining and Maroochydore main beach and surf club are five minutes away; as is the motorway bridge to connect you to airport and northern beach suburbs from Coolum to Noosa. Investor owner is a committed seller, seeking a contract prior to end of financial year; this is a property that offers the full suite of attributes many investors seek – location, low vacancy rates, low body corporate, low maintenance, and lifestyle! Entry level buyers and downsizers should also consider…in this location you cannot lose; Maroochydore is one of south-east Queensland’s shining stars and there are billions of dollars being poured into public and private works over the next decade and beyond. · Superb location, easy care investment · 2 bedrooms, modern kitchen & bathroom · Ground floor apartment in small complex · Well established with leafy grounds · Opposite parkland, on large corner block · Rented at $335 per week until July ‘17 · Walk to major amenities with ease · Suit investor or first home buyer · Long-term investor owner ready to sign!

Features

2 bedrooms
1 bathroom
1 carspace
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Maroochydore over the last 12 months, the estimated median property value of 1/46 Boongala Terrace is $850k.

Median value
$850k
Estimated value range
$295k - $2.6m
Median days on market
30
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Maroochydore. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/46 Boongala Terrace

2024
Rented
Undisclosed
Leased on 03 Oct 2024 by Harvesting Group Real Estate
2017
Sold
$280,000
02 Nov 2017 by Lee Sutherland, of Leading Realty

Happy sellers in Maroochydore

85%
85% of sellers in Maroochydore reported that their sale price either exceeded or met their price expectations.

Maroochydore stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 141 reviews in Maroochydore over the last 12 months.

Local market activity for 2 bedroom units in Maroochydore

In the last 12 months, 143 two-bedroom units similar to 1/46 Boongala Terrace, have been sold.

This represents a 19% increase in two-bedroom units sales when compared to the previous 12 months.

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