4/79 Edmund StreetKings Beach QLD 4551
Property Details for 4/79 Edmund St, Kings Beach
Last Listing description (February 2025)
RWC Retail are proud to present 4/79 Edmund Street, Kings Beach QLD. For Sale by Auction on Friday 21st February, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.
|What|
• Brand new 10 year lease until 2034
• Established Japanese restaurant Yum Wasabi, a Sunshine Coast favourite operating since 2021
• 185sqm* beachfront retail investment with exclusive alfresco dining
• Two basement car parks and exclusive-use basement storage
• Net Income of $91,384 + GST p.a.
|Where|
• Beachfront positioning directly across from the famed Kings Beach
• Located in the broader Caloundra area, which is at the Southern end of the Sunshine Coast
• The Sunshine Coast is one of Queensland's fastest growing regions, with the population expected to grow by 35% to over 500,000 by 2041
• Soon to be serviced by the new $5.5 billion Sunshine Coast Rail extension
|Why|
• The ideal entry-level investment
• A true passive investment with the tenant is responsible for the majority of all usual outgoings
• Fixed 2.75% annual increases, guaranteeing strong rental growth
• Easy customer access with a high-rise resort directly above, and ample council and street car parking available
Property History for 4/79 Edmund St, Kings Beach, QLD 4551
- 21 Feb 2025Sold for $1,350,000
- 28 Jan 2025Listed for Sale Auction 21 February 2025, 9:45am
- 17 Dec 2002Sold for $925,100
Recent sales nearby
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About Kings Beach 4551
The size of Kings Beach is approximately 0.6 square kilometres. It has 3 parks covering nearly 12.2% of total area. The population of Kings Beach in 2016 was 2788 people. By 2021 the population was 3042 showing a population growth of 9.1% in the area during that time. The predominant age group in Kings Beach is 60-69 years. Households in Kings Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kings Beach work in a professional occupation.In 2021, 52.40% of the homes in Kings Beach were owner-occupied compared with 43.00% in 2016.
Kings Beach has 3,179 properties. Over the last 5 years, Houses in Kings Beach have seen a 40.11% increase in median value, while Units have seen a 84.19% increase. As at 31 January 2026:
- The median value for Houses in Kings Beach is $1,032,479 while the median value for Units is $968,390.
- Houses have a median rent of $658 while Units have a median rent of $650.
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