$850,000

4 Bed  •  1 Bath  •  7 Car  •  1266m²

Main view of Homely house listing, 18 Coral Street, Maleny QLD 4552
Floorplan of Homely house listing, 18 Coral Street, Maleny QLD 4552
Second view of Homely house listing, 18 Coral Street, Maleny QLD 4552
+19

Sold

18 Coral Street, Maleny QLD 4552

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$850,000

  • 4
  • 1
  • 7
  • 1266m²

House Sold on Fri 23 Oct, 2015

What's around Coral Street

House description

“SOLD BY RE/MAX HINTERLAND”

Do not miss your chance to secure this BLUECHIP Holding!!! 7%+ net potential on asking price! Better than money in the BANK!

Secure your very own commercial premises in the heart of Maleny and enjoy the additional benefits of a home on site for you and your family to reside, or to further boost the amazing rental income potential of this freehold site.

* 1266m2 (Over a 1/4 acre) of freehold commercial land in town
* 171m2 architecturally designed commercial premises over 2 levels - Superb design and quality!!!
* Character Queenslander offering 4 bedrooms + Study - Log Fire to living room - 1 bathroom
* Lock up garaging for 3 vehicles / carports for 4 vehicles - 10 sealed car parking spaces as well!
* Leafy and Private outlooks from both buildings with very low maintenance - NO LAWNS!!!
* Income potential on current market rates as follows: Commercial building: $37620 net potential rent, Residential Home - $22,880 per annum ($440 per week) - Total rent potential conservatively priced at: $60,500
* 7% net return potential on these figures in line with the asking price.

There are several options of use for this property:

1. Work and live at the one address
2. Rent both premises to commercial tenants
3. Rent 1 building as a commercial building and the other as a residential home.

HURRY! This will not last. Make your best business decision today and contact RE/MAX Hinterland to arrange your inspection.

Land details

Area: 1266m²

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18 Coral Street, Maleny QLD 4552
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