Back 5/16 Pangarinda Place
Off Market

5/16 Pangarinda Place

Mooloolaba QLD 4557

2
1
1
Unit
Last sold for $575,000
Vicki StewartVicki Stewart, last sold this property on 16 May 2023 after 25 days on market.

Overview

Affordable apartment with canal access

Positioned in a small waterfront block this smart two-bedroom apartment is ideally located only minutes to pristine beaches, restaurants and shopping. With an open plan design this is a highly desirable opportunity for the first-time buyer or savvy investor to secure an affordable apartment in the heart of Mooloolaba. - Only 5 apartments in complex - Two bedrooms with new carpets, blinds and ceiling fans - Air-conditioned living and dining area with balcony - Combined bathroom and laundry - Single lock up garage - Complex backs onto canal with shared access to the sandy beach - Low body corporate fees, currently tenanted - Close to public transport - Minutes to Mooloolaba beach, restaurants, cafes and shopping

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mooloolaba over the last 12 months, the estimated median property value of 5/16 Pangarinda Place is $815.5k.

Median value
$815.5k
Estimated value range
$580k - $2.55m
Median days on market
30
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mooloolaba. 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 5/16 Pangarinda Place

2023
Rented
Undisclosed
Leased on 06 Nov 2023 by McGrath Mooloolaba
2023
Sold
$575,000
16 May 2023 by Vicki Stewart, of McGrath Mooloolaba
2016
Sold
10 Mar 2016 by Peter Ryan

Happy sellers in Mooloolaba

79%
79% of sellers in Mooloolaba reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 59 reviews in Mooloolaba over the last 12 months.

Local market activity for 2 bedroom units in Mooloolaba

In the last 12 months, 60 two-bedroom units similar to 5/16 Pangarinda Place, have been sold.

This represents a 22% increase in two-bedroom units sales when compared to the previous 12 months.

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