Back 10 Seaward Lane
Off Market

10 Seaward Lane

Marcoola QLD 4564

4
3
3
533 m²
House
Last sold for $2,150,000
Craig MorrisonCraig Morrison, last sold this property on 24 December 2021 after 143 days on market.

Overview

One Building: Fully Leased with Multiple Opportunities

Located on a prime corner, in a park front position just one street back from beach, is this multipurpose building with both residential and commercial space, offering an attractive rental return of approximately $137,460 p.a. Across two levels it comprises two luxe upper units plus self-contained ground floor unit, a fully fitted out restaurant with liquor licence in place (formerly a going concern), an inground pool, and multiple onsite parks including single lock up garage on a 533m2 block, just footsteps to the sand and surf. The floor plan has been configured to accommodate various living possibilities; currently the upper floor is split into two units, both tenanted â however, it could be used as one single residence with granny flat on ground floor for extended family member (or rented for income). Elegant and spacious with quality fixtures and fittings including a stunning master ensuite with circular tub and huge walk-in robe/sitting area, timber floors, air-conditioning, stone benches, ceiling fans, and tasteful contemporary décor â this is effortless living, dressed to impress. Altogether, including ground floor unit â the residential component includes four bedrooms, study, four bathrooms, kitchen plus two kitchenettes, covered deck, and separate laundry, plus communal (or exclusive) inground pool and terrace area. The commercial component is a restaurant â fully furnished with internal and alfresco dining, a commercial kitchen, cool room, 3 x toilets (guests and staff), internal and external storage, and staff entry; air-conditioning and plantation style ceiling fans are also fixtures. Located adjacent to popular âWhite Shellsâ apartments and in a pocket with many holiday homes and short-stay/Airbnb type properties, along with residential â there is a viable catchment area of potential patrons within walking distance of the restaurant, in addition to those who will travel via car to dine out. Just minutes to the airport, currently undergoing expansion and upgrade to international status; and in close proximity to golf courses, national parks, scenic boardwalk to Coolum, Marcoola surf club and twilight markets â this is a premium lifestyle location, whose star continues to rise. Contact Agent for full list of figures, along with inventory list for restaurant, and discuss the possibilities; this truly in an exceptional offering in a golden location. Summary of features; - Residential & commercial combo, beachside location - 3 x self-contained units â all currently tenanted - 1 x fully fitted out, furnished, licensed restaurant - currently tenanted - Prime corner block adjoining park, footsteps to sand - In total: 4 bed, 5.5 bath, kitchen + kitchenettes - Exclusive inground pool & terrace with main quarters - SLUG + onsite resident parking for extra 3 vehicles - Total return of approx. $137,460 p.a. - Close proximity to golf, national parks, local shops - Short drive to airport, undergoing international upgrade - Outstanding lifestyle and/or income opportunity!

Features

4 bedrooms
3 bathrooms
3 carspaces
533 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Marcoola over the last 12 months, the estimated median property value of 10 Seaward Lane is $1.42m.

Median value
$1.42m
Estimated value range
$1.06m - $2.43m
Median days on market
74
Estimated value trend
-14%
decrease 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 10 Seaward Lane

2024
Rented
Undisclosed
Leased on 27 Sep 2024 by Harcourts Property Centre Coorparoo
2024
Rented
Undisclosed
Leased on 10 Aug 2024 by Harcourts Property Centre Coorparoo
2024
Rented
Undisclosed
Leased on 12 Jun 2024 by Harcourts Property Centre Coorparoo

Happy sellers in Marcoola

89%
89% 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 23 reviews in Marcoola over the last 12 months.

Local market activity for 4 bedroom houses in Marcoola

In the last 12 months, 11 four-bedroom houses similar to 10 Seaward Lane, have been sold.

This represents a 9% increase in four-bedroom houses sales when compared to the previous 12 months.

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