215/628 Esplanade Urangan QLD 4655
Property Details for 215/628 Esplanade, Urangan
215/628 Esplanade, Urangan is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 122m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in April 2014.
Last Listing description (August 2012)
Outstanding Investment Opportunity! Cash Flow Positive!
CALL TODAY to find out about the online bidding for auction for the Ramada apartments.
Ramada gives you a double income opportunity with these spacious dual key apartments, optimising your returns and capital growth. Ramada's dual key apartments give you complete flexibility with no restrictions, it's your choice, live in one, rent the other, or rent them both.
Excellent Returns
- Base minimum rental of 7% per annum for 2 years with a security bond
- Global RAMADA Resort brand driving returns - 1st international hotel to Hervey Bay region!
- At 65% to 75% occupancy return, estimates are a sound 6% to 9% annual return on investment.
- Forecast $200 per week cash flow positive at 65% occupancy
- At these clearance sale prices compound return on investment at 75% borrowing is forecast to exceed 20% per annum
Property Highlights
- Architecturally designed 5 star Dual-Key apartments
- Modern kitchen with stainless steel Blanco appliances
- Caesar stone bench tops and open plan living
- Contemporary style with excellent finishes
- Broadband Access/in house movies on request
- Security parking with personal car space
- Air conditioning & quality finishes
- Intercom security
- 2 bathrooms
- Balcony
Ramada Highlights
- Reception lobby with full reception service
- Stylish 42 metre extra long style heated pool
- Sauna/ spa and gym
- Smokey Joe's Café - Bar and Grill on site
- Lift access
- Meeting room
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- Growth hot spot adjacent to an $800 million redevelopment
- At approximately $3000 per sqm underpins capital growth
- Furniture pack financed at low interest over long term
Be part of the growth in Hervey Bay, the renowned whale watch capital of the world, adjacent the amazing Frazer Island, a truly memorable experience in a unique natural wonderland.
What an excellent opportunity! Developer needs to sell stock to prepare for Stage 2 which will further underwrite the amazing value of these apartments. But be quick to secure your very own dual-key apartments as they are selling fast! Don't delay call today!
Call Robert anytime 7 days to discuss.
Please contact the Sales Consultant to view a copy of the Sustainability Declaration for this property.
Additional feature/s - Tenure: Freehold Property Type: Apartment Chattels remaining: Drapes Sewerage: Mains.
Property History for 215/628 Esplanade, Urangan, QLD 4655
- 15 Apr 2014Sold for $295,000
- 24 Mar 2014Sold for $189,000
- 26 Nov 2011Listed for Sale $350,000
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0About Urangan 4655
The size of Urangan is approximately 14.0 square kilometres. It has 23 parks covering nearly 12.6% of total area. The population of Urangan in 2016 was 9764 people. By 2021 the population was 10988 showing a population growth of 12.5% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Urangan work in a community and personal service occupation.In 2021, 66.90% of the homes in Urangan were owner-occupied compared with 60.00% in 2016.
Urangan has 6,671 properties. Over the last 5 years, Houses in Urangan have seen a 96.78% increase in median value, while Units have seen a 97.93% increase. As at 28 February 2026:
- The median value for Houses in Urangan is $809,892 while the median value for Units is $633,349.
- Houses have a median rent of $600 while Units have a median rent of $520.
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