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Mooloolaba Waterfront Cash Cow!

Grab the calculator and then grab the phone and call Myles Blackwell immediately. This Mooloolaba waterfront home is currently rented under the rooming accommodation act with 6 separate tenancies in place. In total the yearly rent returns $84,500. The original residence remains solid and presentable, however its future use may be assessed by the new owner to be a future land bank for the waterfront family home. In the meantime, you can enjoy the year on year returns of $84,500 (less management fees and council outgoings). For a private viewing please call Myles today.

Features to be admired………

  • Waterfront residence in popular Mooloolaba suburb surrounded by exclusive high end buildings
  • Only the one neighbor as the rear of the property fronts onto the water and the North East neighbor is a council parkland
  • 812m2 prominent Mooloolaba location

Current Rents

Room 1 $270

Room 2 $260

Room 3 $240

Room 4 $275

Room 5 $380

Room 6 $200  

Total $1625/week or $84,500

Land parcel 812m2

6 6 2 812 m2
Suburb Mooloolaba
Price SOLD for $900,000
Property Type Residential
Property ID 4085
Category House
Land Area 812 m2

Agent Details