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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

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Agent Details

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Justin Voss

0400 822 069
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Emma was amazing! Great communication and knowledge. It was our first time selling a property so her support and guidance made it a very easy process. Highly recommend!

Emma was a please to deal with, always responsive and happy to help

Emma was fantastic to work with as she had great communication, was friendly and offered useful advice making the process easier and enjoyable.

After choosing Emma as the agent to sell our property, she was fantastic to work with and it was clear she had excellent market knowledge and experience. She was genuinely interested in our situation and her communication was clear and to the point. I didn’t at any point feel pressured and this hugely contributed to making, what can be a very stressful process, that much easier

This is our second time working with Emma and again we had such a great experience. Emma helped us understand the processes, provided guidance and was always available to answer any questions along the way. We are so grateful for her hard work and dedication to us during this process and would highly recommend her to anyone.

Emma was amazing. She is a very knowledgeable, hardworking and professional real estate agent, who will do everything she can to facilitate the seamless sale of your home, without compromising price or time. Emma was always sure to answer all of our questions and went out of her way to accomodate our needs and busy schedules. We are very grateful for her expertise and hard work.