New Palmwoods Duplex $100,000 Profit
Set in the heart of the Sunshine Coast’s hinterland, the small rural town of Palmwoods is at the crossroads of the region’s tourist network.
This is an affluent area with green rolling hills and mostly owner occupied properties. The demand we have seen for hinterland properties has been high and available rentals filled very fast.
This very large block (900m2) is in a col de sac within small development set in a valley right behind the Palmwoods town centre, literally walking distance to the pub (and other shops of course). It’s within comfortable driving distance of the charming Blackall Range villages of Maleny, Montville and Mapleton as well as this particular development being walking distance to the local primary school, town shops and fore mentioned village. There are 4 private schools all with in about 5-10 minutes drive.
Palmwoods is set in a mosaic of orange groves, banana plantations, avocado, custard apples and pawpaw orchards, and is only 15 minutes drive to many key Sunshine Coast destinations. Maroochydore CBD, Sunshine Coast Airport, the new Public & Private University Hospitals and world class Mooloolaba beaches. Not to mention the direct access onto the Bruce highway with only an hours drive to the Brisbane International Airport and a further 10 minutes into Brisbane City.
The Sunshine Coast is booming with new developments well underway and many more planned for the future lots of people crying out for hinterland properties to rent. This location is the perfect combination of the sought after tree / sea change. If you are looking to invest on the Sunshine Coast do not miss this opportunity!
With a 5.7% rental yield and equity uplift potential of $80,000 – $100,000 this positively geared hinterland investment will be a key player in your property portfolio. This beautifully designed and full turnkey property has a large4 bedroom home upstairs and a 2-bedroom dwelling downstairs. Included in the package price are landscaping, driveway, window dressings, fences and all the latest mod cons including stone bench tops and stainless steel appliances and even comes with 2 10,000 litre rain water tanks. With the amount of infrastructure going on currently and planned for the Sunshine Coast in the future – the Capital Gains you will achieve on this property will also be a key factor.
For more information on whatÍs planned for the Sunshine Coast click href=”https://bluewaveproperty.com.au/invest-sunshine-coast/”>HERE