Back 40 Suncoast Beach Dr
Off Market

40 Suncoast Beach Dr

Mount Coolum QLD 4573

3
1
2
762 m²
House
Last sold for $900,000
James HenleyJames Henley, last sold this property on 28 November 2021 after -3 days on market.

Overview

Sublime Location. Opportunity To Add Value.

At Last. The one you've been waiting for. With views over the golf course, and a short level stroll to the recently renovated IGA Mount Coolum Shopping Centre, welcome to 40 Suncoast Beach Drive. A 3 bedroom, 2 living room,1 study, 1 bathroom home on a 762m2 block of land zoned medium density for mixed housing. This zoning is very exciting, let me explain. Mixed housing medium density means a multi-unit dwelling can be applied for and built on the land. The property adjacent at number 38 is a duplex with the same zoning. Subject to council approval even more units may be allowed. "The home is brimming full of character so it would be a difficult decision for a buyer to redevelop. "Nevertheless the option is there and simply means the value of the land alone would be close to the current asking price" says Mark Lawler listing agent from Richardson & Wrench Features of the home include timber floors, balconies front and back, an original gorgeous kitchen, and a renovated bathroom. Upstairs has 2 bedrooms, the master bedroom enjoying priceless views of the golf course. Downstairs has a bedroom, a study and a spacious tiled rumpus room which was the original garage. Orientation of the home is North/South which means a sunny Winter balcony with views of majestic Mount Coolum, and a shady Summer balcony with views over the golf course. The back yard has layered grass areas with mature tropical trees. There's a very handy 6m x 3m shed with a concrete floor and power located in the back corner of the land. Car parking is off street for 2 vehicles, plus there's room up the side of the home for a boat, trailer or caravan. The property is currently tenanted at $450 per week till the end of November. That's $1,800 per month Tenant is happy to stay on, but understands every buyer's needs are different. This is entry level buying at an affordable price says Mark who expects interest to be high. Study the floor plan, have a look at the photos, check out the location on google maps, and then call James 0416 052 032 for more information or to arrange an inspection.

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
762 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Coolum over the last 12 months, the estimated median property value of 40 Suncoast Beach Dr is $1.26m.

Median value
$1.26m
Estimated value range
$882.5k - $1.76m
Median days on market
21
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Coolum. 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 40 Suncoast Beach Dr

2021
Sold
$900,000
Private Sale/Treaty on 28 Nov 2021 by James Henley, of Richardson & Wrench Coolum
2019
Rented
Undisclosed
Leased on 13 Dec 2019 by Richardson & Wrench Coolum
2019
Sold
$522,000
Private Sale/Treaty on 18 Sep 2019 by Mark Lawler, of Richardson & Wrench Coolum

Happy sellers in Mount Coolum

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

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

This is based on voluntary sentiment collected from 41 reviews in Mount Coolum over the last 12 months.

Local market activity for 3 bedroom houses in Mount Coolum

In the last 12 months, 28 three-bedroom houses similar to 40 Suncoast Beach Dr, have been sold.

This represents a 7% decrease in three-bedroom houses sales when compared to the previous 12 months.

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