Sold

Maroochydore
118 Millwell Road

SOLD for $695,000
21 May 2021

3 Beds 1 Baths 4 Cars 905 m2
Make an offer

Sold - In the heart of Maroochydore

This solid lowset brick home on a huge flat fenced 905m2 block in a quiet, central street within walking distance to three local schools, Sunshine Plaza and CBD; offers a savvy land banking opportunity with existing income, as well as redevelopment potential with zoning allowing for duplex (subject to council approval).

The existing home, currently rented to long-term tenants on a periodic lease who are happy to stay, comprises three bedrooms, one kitchen, bathroom, separate toilet, open plan living, north facing alfresco entertaining patio, separate laundry and double carport, plus gated side access to 12mx12m double bay shed/garage.

Current owners have updated the kitchen and bathroom and it has recently been painted internally and had new flooring laid; other features include stainless steel oven, 3 x air-conditioning, security screens, separate bath and shower, and 2 x garden sheds.

In an established family-friendly neighbourhood so close to major amenities – demand for properties in this part of Maroochydore is always high, from owner-occupiers and tenants alike. The kids can walk or cycle to Stella Maris Catholic Primary School, Maroochydore State School, and Maroochy High; and the river and beach are approximately five minutes’ drive, for fishing, surfing, paddle boarding, boating etc…

Whether purchasing to redevelop into a duplex, rebuild a lifestyle home, or hold onto as an investment – this is a winning location in every sense with assured attractive capital gain.

Maroochydore is the commercial, retail, and leisure/entertainment centre of the Sunshine Coast and when the multibillion-dollar SunCentral CBD development is completed…prices and demand will skyrocket! Put your best offer in to secure your slice today, the market in this coveted area is moving one way only, and that is UP!

Bullet Points:
· Landbank, rebuild, or develop
· 905m2 block zoned for duplex
· Currently returning rental income
· 3 bedrooms, modern bathroom
· Updated kitchen, open plan living
· New flooring & freshly painted
· North facing alfresco patio @ rear
· Double carport + 12mx6m shed
· Side access, fully fenced & flat
· Walk to schools, Plaza, CBD
· Invest today for future gain

Craig Morrison

Director

Location

Sold - In the heart of Maroochydore
118 Millwell Road
Maroochydore QLD 4558

Details

Address 118 Millwell Road, Maroochydore
Price SOLD for $695,000
Property Type Residential
Category House
Land Area 905 m2