8 Suller Street, Caloundra, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

8 Suller Street
Caloundra QLD 4551

Bedrooms: 5
Bathrooms: 3
Car spaces: 6
Floor area: 161m2
Land area: 340m2
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Property Details for 8 Suller St, Caloundra

8 Suller St, Caloundra is a 5 bedroom, 3 bathroom Unit with 6 parking spaces and was built in 1987. The property has a land size of 340m2 and floor size of 161m2.

Building Type
Unit
Year Built
1987
Floor Size
161m2
Land Size
340m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/BUP8144

Last Listing description (June 2024)

Yianni Mooney Property proudly presents to the market 8 Suller Street, Caloundra.

Looking for solid prime holding in an area that is undergoing rapid gentrification?

Are you wanting to secure unique residential investment that offers impressive returns?

Look no further than this consolidated property in arguably one of the most sought-after locations in southeast Queensland.

Caloundra is fast becoming the area of choice for developers and investors in search of prime properties to land bank, while enjoying fantastic rental yields.

Imagine owning a seaside investment that offers multiple streams of income in an unequalled location, combining the tranquillity of the ocean, central convenience and the vibrance of a true coastal lifestyle.

An outstanding opportunity is now on offer to secure this residential investment of three units, conveniently positioned in the heart of this beautiful Sunshine Coast beach suburb.

On a rare 607sqm of prime Caloundra site, this Regional Business Centre Zoned parcel, with 18m height build for redevelopment (STCA), is an exceptional opportunity to own a block of units and - you secure not one, but three tenanted units over two separate titles, yielding an exceptional, year in, year out rental return, making it a standout choice for investors looking to secure their financial future. This unit complex offers an immediate steady income stream in a suburb with continued rental demand.

Wondaree is a small complex of three units two comprising a configuration of two bedrooms, one bathroom and single lock up car accommodation, and additional car space, and the third providing one bedroom, one bathroom and one lock up car accommodation and additional car space.

Occupying a strong land holding, boasting a very central and idyllic street frontage, each residence features comfortable living and dining areas, good sized kitchens, with the added feature of front facing balconies. Additional off-street car parking is also available.

Versatility is what sets it apart from other investments. Currently leased, with each long-standing tenancy, generating solid weekly income sit back and collect a healthy return on investment.

With continued price growth forecast, this seaside precinct is fast becoming the area of choice for those in search of prime properties to land bank while enjoying fantastic rental yields. Strong demand for residential dwellings is on the rise, with price growth forecast in this highly sought after suburb to continue.

Smart money will invest in this this prime opportunity, with existing multiple tenant income, reducing risk and maximising returns, ideally suiting investors, self-managed super funds, or those looking to develop further, upgrade or renovate and improve on strong current rental yields, adding real property value.

The complex offers flexibility with your investment, if the opportunity arises to sell a unit individually, capitalise on the sale of one and hold the remaining units.

These opportunities come up once in a lifetime cycle.

A secure and premium addition to any investment portfolio.

What we love about the property:
- 607sqm over two titles - Regional Business Centre Zoning
- Three residential units
- Total holding - five bedrooms, three bathrooms
- High income stream immediate cashflow sound tenants
- Potential further development - build to 18m height (STCA)
- Prime central location
- Land-bank and watch the value grow in this sought-after beachside suburb
- Solid opportunity for investors
- Immediate strong returns and solid capital growth
- Short stroll to trendy cafes, cosmopolitan restaurants,
- Easy access to CBD shopping precinct, all local amenities
- Moments' walk to pristine Bulcock Beach and family playgrounds
- 15 minutes* to the Sunshine Coast University Hospital
- 25 minutes* to the Sunshine Coast Airport
- 60 minutes* to Brisbane International Airport

Should you require any further information, please call Yianni on 0420 300 977

*approximately

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Property History for 8 Suller St, Caloundra, QLD 4551

A timeline of how this property has performed in the market
  • 07 Feb 2024
    Listed for Sale $1,899,000
  • 08 Sep 2021
    Listed for Sale Under Contract
  • 28 Jun 2019
    Listed for Sale Not Disclosed
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About 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 3,822 properties. Over the last 5 years, Houses in Caloundra have seen a 68.91% increase in median value, while Units have seen a 82.22% increase. As at 28 February 2026:

  • The median value for Houses in Caloundra is $1,111,501 while the median value for Units is $969,661.
  • Houses have a median rent of $688 while Units have a median rent of $623.
There are currently 33 properties listed for sale, and 23 properties listed for rent in Caloundra on OnTheHouse. According to Cotality's data, 193 properties were sold in the past 12 months in Caloundra.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.