11 Marine Parade, Newell, QLD 4873

  • 10
  • 5
  • 6

Sold

Sold for $745,000 (Sep 24, 2018)

BEACHFRONT BLOCK OF 5 UNITS

Now here’s an investment to get excited about! Located right on the fabulous Newell Beach which is a very popular lifestyle place to live, this solid block of units are strata titled but there are no body corporate levies. There is a potential to sell the units individually or redevelop the whole block.

All 5 units are currently tenanted and, combined, return $1180 gross per week. Locally managed by Raine & Horne Mossman/Port Douglas.

FEATURES:

- 4 × 2 bedroom units

- 1 × 3 bedroom unit

- Solid brick building

- Cement in-ground pool

- Undercover parking at rear

- Good sized 1012m2 level allotment (20m beach frontage x 50m depth)

- Newell Beach is approximately 5 minutes north of Mossman & 25 minutes north of Port Douglas

- Redevelopment potential in the future.

Property Info:

  • Property ID: 3876647
  • Property Type: BlockOfUnits
  • Carports: 6

We Know Your Area

R&H Suburb Profile: Newell

R&H Suburb Summary Houses
Number of sales 6
Average Price $465,000
Median Price $415,000
Median Rental Price $375 p.w.
Change in Rental Rate (5yr) 18 %
R&H Suburb Summary Units
Number of sales 0
Average Price $Infinity
Newell, QLD - Median Trend

School closest to 11 Marine Parade

School name Distance
Mossman State School
View Website
5.07 km
Mossman State High School
View Website
5.24 km
Miallo State School
View Website
5.42 km
St Augustine's School
View Website
5.46 km
Wonga Beach State School
View Website
9.67 km

"Distance" is a straight line calculation. Please contact your desired school to establish it's catchment area.

  • 11 Marine Parade, Newell,
    Queensland, 4873