Investment Opportunities

Investment Opportunity – Kings Beach, Sunshine Coast

August 31, 2017

This is an exclusive opportunity to get onboard with a luxury apartment with ocean views, located at Kings Beach on the Sunshine Coast.  

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Lot 205, 31 Maltman Street, Kings Beach, Solis Apartments

  • Priced at $790,000,
  • 3 bedrooms, 2 bathrooms and 2 car parks
  • 25 sqm balcony and 120 sqm internal floor space
  • Estimated rental is $695 per week (yield 4.6%)
  • 33 apartments over 8 levels
  • Absolute hilltop with 360 degree views, from beach to mountains.
  • Kings Beach is a 1km walk

Solis multi

WHAT MAKES THIS A GOOD INVESTMENT?

Location:  The key is – Plenty of employment, major infrastructure upgrades and limited supply in the area.

  • Sunshine Coast is the second largest regional economy in Qld. 10th largest population centre in Australia.
  • Population forecast to grow from about 300,000 people now to 470,000 by 2036
  • Current vacancy rate is 1.2%
  • 14 minute drive to Sunshine Coast University hospital – 1.8B spent
  • Very established area – plenty of good schools & shops
  • 650 m away to main shopping strip and about same to IGA at Caloundra CBD
  • Limited supply of land in Sunshine Coast
  • X factor apart from the beaches and the weather is
    • Health park – $1.8B spent
    • Maroochydore town centre re development – 30 minute drive
    • Sunshine Coast airport – 40 minutes
    • University upgrade
    • Bruce highway upgrade
    • Caloundra CBD upgrade

Kings beach surrounds

The Apartment Complex

  • Being built to a very high spec – the developer typically targets downsizers and other owner occupiers as well as investors.
  • Good yields for market rent, there is not much available in the current market for renters in new apartments
  • Top shelf/boutique developers and builders. Superb to deal with and have a great reputation.  They are based in Brisbane, very well established with serious pride in their brand. They manage their developments in house from research and acquisitions, design, construction to property management.
  • Build time 12 months. Expected handover in August 2018

Is this the right investment for me?

This opportunity is not for everyone. Although it is an incredibly valued development in a stunning and convenient location, it needs to suit your strategy and situation.

Speak with us if you would like to explore this or other opportunities and would like advice on the right investment strategy for you.

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IFP Advisory is a qualified member of the ASPIRE Advisor Network. ASPIRE is an industry leading network of qualified, experienced and ethical Advisors who provide quality,unbiased investment advice to their clients and assist them in facilitating the acquisition of appropriate assets.