Prime investment opportunity in the heart of Cooroy
For the astute investor seeking reliable returns in one of the Sunshine Coast hinterland's most charming towns look no further than 9/28 Kauri Street. Positioned on the upper level of a complex of just ten units, this two-bedroom fee simple unit offers the dream blend of weekly returns and potential for capital gain.
The Investment Story. With a quality fixed-term tenant already in their second year paying $500 per week, this property delivers immediate cash flow and demonstrates strong rental demand. The potential 5%+/- return, combined with the stability of an established tenancy, makes this an attractive addition to any investment portfolio.
The Property. This tidy upper-level unit features a sunny living area that captures natural light throughout the day, complemented by front and back balconies that extend the living space and provide pleasant outlook options. The practical layout maximizes the two-bedroom configuration, while secure single car parking adds convenience for tenants. The quiet street location, adjacent to the leafy Kauri Park, ensures a peaceful environment that appeals to long-term renters.
Why Cooroy. Cooroy represents exceptional value in the Noosa hinterland, offering the perfect balance of rural charm and urban convenience. This thriving town serves as a gateway to the Noosa hinterland, with excellent rail connections to Brisbane making it increasingly popular with commuters and tree-changers alike. Local amenities include established shopping precincts, medical facilities, schools, and recreational options, while the town's growing reputation as a foodie destination continues to attract new residents and visitors.
The area's strong rental market is supported by Cooroy's appeal to diverse tenant demographics - from young professionals seeking affordable hinterland living to retirees drawn to the community atmosphere and natural surroundings.
The Opportunity. The current vendor, looking to simplify their investment holdings, presents an opportunity for a new investor to step into an already successful rental arrangement. With the tenant settled and the property well-maintained and professionally managed, this represents a low-maintenance addition to any portfolio.
For investors seeking reliable returns in a growth corridor of the Sunshine Coast, this Cooroy unit offers the perfect combination of established income, future potential, and hassle-free ownership.
Attend an upcoming open home to discover why this property deserves a place in your investment strategy.
Auction On-Site 1st August 2pm (pre auction offers considered to bring the auction forward).
Noosa
