Offers Over $420,000.00

2 Bed  •  1 Bath  •  2 Car  •  86m²

Main view of Homely house listing, 2/35 Ocean Street, Tannum Sands QLD 4680
Second view of Homely house listing, 2/35 Ocean Street, Tannum Sands QLD 4680
Third view of Homely house listing, 2/35 Ocean Street, Tannum Sands QLD 4680
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2/35 Ocean Street, Tannum Sands QLD 4680

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Offers Over $420,000.00

  • 2
  • 1
  • 2
  • 86m²

House for saleNEW on Homely

What's around Ocean Street

House description

“Coastal Convenience and Investment Appeal”

Positioned just one minute's walk from the beach and a short three-minute stroll to the local pub, this well-located unit offers an enviable lifestyle with exceptional convenience.
Currently vacant and move-in ready, it presents a fantastic opportunity for both owner-occupiers and investors seeking low-maintenance living in a prime coastal setting.
A light, breezy 2-bedroom unit finished for easy tropical living with air conditioning throughout and tiled floors.

Key Features:
• Tiled throughout for low maintenance and cool interiors
• Spacious living room capturing ocean breezes
• Small balcony off the living area for morning coffee or sea air
• Kitchen with abundant cupboards and practical workspace
• Internal laundry for convenience
• Master bedroom with built-in robe, ceiling fan and split-system air conditioning
• Second bedroom good-sized with built-in robe, ceiling fan and split-system air conditioning
• Main bathroom plus separate toilet
• Double lock-up garage with secure parking and storage space
• Small, relaxed complex in a tightly held coastal pocket

Investment Snapshot:
- Superb location just steps from the beach and local amenities
- Vacant possession - ready for immediate occupancy
- Affordable body corporate fees at approximately $3,000 per annum, this also include building insurance.
- Council Rate: $4,086 per annum.
- Ideal lock-and-leave setup for holidaymakers or long-term tenants
- Strong rental appeal with proximity to leisure, dining, and transport

Vacant now and ready to be furnished and remarketed, therefore potential to lift rent to $500/week and significantly improve yield.
Gross rental yield of approximately 6.19%.
With vacancy rates reported around 1% combined with low holding costs and high tenant demand, it represents a compelling investment opportunity in a tightly held coastal market.

Land details

Area: 86m²

Inspection times

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Fourth view of Homely house listing, 2/35 Ocean Street, Tannum Sands QLD 4680View more
Fifth view of Homely house listing, 2/35 Ocean Street, Tannum Sands QLD 4680View more

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2/35 Ocean Street, Tannum Sands QLD 4680
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