304/4 Tay AvenueCaloundra QLD 4551
Property Details for 304/4 Tay Ave, Caloundra
304/4 Tay Ave, Caloundra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 61m2.
Last Listing description (May 2019)
Situated in the iconic 'La Promenade' apartments oceanfront on the infamous Pumicestone Passage in Caloundra, sits this great 'set & forget' holiday rental screaming out for the next savvy investor. It's like having a job without having to do the work!
*Queensland Tourism stated in 2011, that if Queensland CONTINUES to attract 38% of overseas visitors, then by 2020, the state will be catering to 3.2Million visitors per annum. And with the current extension of the Sunshine Coast Airport, it is projected that there will 1.9Million passenger movements per year. (*figures and stats courtesy of Sunshine Coast Business Council and Queensland Tourism).
*Top floor apartment - oceanfront position.
*Exclusive roof top terrace with BBQ.
*Fully furnished. Kitchenette.
*Spa bath inside the unit. Separate bathroom.
*On-Site Managers who are friendly and professional ensuring great returns for owners.
*Elevator in the building. Secure front reception desk.
*Pool in the complex.
*1 secure underground carpark.
*Popular restaurant and cafe directly below the hotel.
*Gross average income of $45,000 pa. Nett Income PA average $28,000 with all expenses taken out.
* 65% occupancy rates for the hotel.
Just a short walk along the popular Bulcock Beach boardwalk, whoever stays here will be in the heart of everything and really won't need a car. Surrounding restaurants, beaches and attractions are a short stroll away.
A great little nest egg for your superannuation portfolio and something to look forward to in retirement or as an inheritance for the kids. Get in now while the property prices on the coast are still so affordable!!
Property History for 304/4 Tay Ave, Caloundra, QLD 4551
- 14 Dec 2016Listed for Sale $365,000
Recent sales nearby
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0About Caloundra 4551
The size of Caloundra is approximately 3.2 square kilometres. It has 8 parks covering nearly 36.9% of total area. The population of Caloundra in 2016 was 3917 people. By 2021 the population was 3932 showing a population growth of 0.4% in the area during that time. The predominant age group in Caloundra is 70-79 years. Households in Caloundra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caloundra work in a professional occupation.In 2021, 53.70% of the homes in Caloundra were owner-occupied compared with 49.90% in 2016.
Caloundra has 3,817 properties. Over the last 5 years, Houses in Caloundra have seen a 72.70% increase in median value, while Units have seen a 85.30% increase. As at 31 December 2025:
- The median value for Houses in Caloundra is $1,075,477 while the median value for Units is $942,749.
- Houses have a median rent of $670 while Units have a median rent of $630.
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