Back 1/86 Keith Royal Drive
Off Market

1/86 Keith Royal Drive

Marcoola QLD 4564

2
1
1
85 m²
Unit
Last sold for $545,000
Colin CameronColin Cameron, last sold this property on 06 November 2024 after 82 days on market.

Overview

Prime Investment Opportunity: High-Yield Marcoola Beachside Unit – 2 Bed, 1 Bath, Off-street Parking, Secure 12-Month Lease at $585pw

Seize this exceptional investment in the heart of Marcoola! This renovated 85sqm property is already tenanted at $585 per week on a secure 12-month lease, ensuring immediate returns. Located just 400 metres from the beach, this two-bedroom, one-bathroom unit offers a prime coastal lifestyle that appeals to tenants seeking both comfort and convenience. Designed with investment in mind, the open-plan living, dining, and modern kitchen areas enhance tenant satisfaction, promoting longer tenancies. The kitchen is equipped with quality appliances and ample storage, making it both functional and stylish—a key selling point for tenants. Positioned in a sought-after coastal village, the property is within walking distance to local shops, restaurants, cafes, and the beach, increasing its rental appeal. Proximity to schools and public transport further boosts its attractiveness to a broad tenant base, from young professionals to small families. The property is well-maintained, featuring neutral decor, ceiling fans throughout, secure car parking, and an internal laundry. This turn-key investment is poised for consistent rental income and long-term capital growth in one of the Sunshine Coast's most desirable locations. Don't miss out on this lucrative opportunity to expand your portfolio with a property offering strong rental returns and high tenant demand. Contact us today for more details or to schedule a viewing. Please note: The property has been virtually staged. The actual appearance may differ.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
85 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Marcoola over the last 12 months, the estimated median property value of 1/86 Keith Royal Drive is $840k.

Median value
$840k
Estimated value range
$650k - $1.3m
Median days on market
26
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Marcoola. 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 1/86 Keith Royal Drive

2024
Sold
$545,000
Private Sale/Treaty on 06 Nov 2024 by Colin Cameron, of Queensland Sotheby’s International Realty – Mudjimba
2024
Rented
Undisclosed
Leased on 02 Jul 2024 by Queensland Sotheby’s International Realty – Mudjimba
2023
Rented
Undisclosed
Leased on 18 Jul 2023 by Queensland Sotheby’s International Realty – Mudjimba

Happy sellers in Marcoola

91%
91% of sellers in Marcoola reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 26 reviews in Marcoola over the last 12 months.

Local market activity for 2 bedroom units in Marcoola

In the last 12 months, 17 two-bedroom units similar to 1/86 Keith Royal Drive, have been sold.

This represents a 31% increase in two-bedroom units sales when compared to the previous 12 months.

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