51 Bells Reach Drive, CALOUNDRA WEST QLD 4551

Sold $1,032,632
Property Details

51 Bells Reach Drive, CALOUNDRA WEST QLD 4551

Sold $1,032,632
Description

A Readymade Investment Opportunity with Excellent Rental Returns

House Sold - CALOUNDRA WEST QLD

Nestled in a peaceful street just minutes from the beach, this contemporary, dual key residence presents a fabulous investment opportunity for astute investors or savvy homeowners seeking to create a supplementary side income. Its family-friendly location allows you to easily stroll to local parks, playgrounds and Izba Espresso Bells Reach, while Unity College and village shops are just minutes away.

Both properties are on one title and have complete separation with individual entrances. Presently tenanted and returning a combined weekly income of $835 per week, this property comprises a three-bedroom unit and a two-bedroom unit, both are complete with open plan living/dining spaces, quality kitchens and their own private outdoor area.

Upon entry into both units, you are greeted by bright and spacious interiors, while unit one also reveals a separate media room and a generously sized master bedroom featuring a walk-in wardrobe and an ensuite.

Other features of the home include:

● Excellent portfolio addition, current lease is valid until end of June 2022
● Three bedroom unit leased for $520pw, two bedroom unit leased for $315pw
● Vast potential to increase rent to approximately $1000pw when the lease ends
● Unmissable investment opportunity, great as a permanent or holiday rental
● Beautifully appointed bathrooms, each residence has its own laundry facilities
● Unit 1 has a double garage and wide side access for caravan or boat parking
● Unit 2 has a single garage with internal entry and north facing alfresco area
● Short drive into the centre of Caloundra and to a choice of local beaches

Other outgoings:
+/- RATES: $2,270 p/a
+/- WATER: $600 p/q

Presenting an outstanding income generating opportunity, this superb dual key property holds vast potential for both investors and owner occupiers.

Call Madi or Simon today to arrange your inspection!

Please note: Whilst all due diligence has been taken in the preparation of this document Fixed Price Realty can attach no guarantee regarding the contents and recommend purchasers conduct their own enquiries.

Property Features
  • House
  • 5 bed
  • 3 bath
  • 3 Parking Spaces
  • Land is 622 m²
  • Floor Area is 264 m²
  • 3 Toilet
  • 2 Ensuite
  • 3 Garage
  • Remote Garage
  • Secure Parking
  • Dishwasher
  • Built In Robes
  • Broadband
  • Outdoor Entertaining
  • Shed
  • Reverse Cycle Aircon
  • Fully Fenced
Madi Willis
Principal Agent
0490 492 623
If you’re looking for an agent that cares about her clients and goes the extra mile, look no further.  Based in Marcoola Madi has over 15 years in customer service experience and has built a successful career in real estate - backed up by the glowing reviews.
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Simon Willis
0411446445