Open Home Sun May 5 14:00-14:30
59 & 59a Marellen Drive, Red Beach - Priced nearly $200,000 below CV!
Currently rented main home at $800p/w and minor dwelling at $525 p/w totaling $1325 pw. Recent Rental appraisal totals $1400 pw for both, earning you $72,800 per year!
Nestled in the serene enclave of Red Beach, this remarkable property offers an exceptional opportunity for those seeking a blend of coastal living and investment potential. Boasting a generously sized 343sqm home set on a spacious 835sqm section, this residence epitomises comfort and space. Its proximity to the beach ensures a lifestyle of leisure and relaxation, with the soothing sound of waves just a stroll away.
The property's allure is further enhanced by its legal minor dwelling, providing versatility and potential for additional income streams. With separate fibre and power connections, this feature offers flexibility for extended family living or rental opportunities. The meticulously maintained grounds, adorned with mature landscaping, create a tranquil setting conducive to outdoor enjoyment. Additionally, the property's dual entrance ways and ample off-street parking cater to convenience and practicality.
Presented in immaculate condition, this home invites you to simply move in and savour its charms. Yet, for those with a flair for customisation, the opportunity to infuse personal touches abounds. Whether it's a contemporary update or a cosy renovation, this property promises a canvas for realising your vision and creating a bespoke haven by the sea. With a comprehensive building report available upon request, seize the chance to secure a slice of coastal paradise while unlocking the potential for a lifestyle of distinction.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,765,000 | 4.6% | 2 |
2022 | $1,687,500 | 5.1% | 6 |
2021 | $1,605,000 | 13.8% | 6 |
2020 | $1,410,000 | 6.8% | 5 |
2019 | $1,320,000 | 17.3% | 2 |
2018 | $1,125,000 | 3.8% | 5 |
2017 | $1,084,000 | -14.6% | 6 |
2016 | $1,270,000 | 10.4% | 1 |
2015 | $1,150,000 | -8% | 5 |
2014 | $1,250,500 | - | 2 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.02 km | 3 | 1 | 122m2 | 2023年12月18日 | $950,000 | Council approved | |
0.25 km | 3 | 180m2 | 2023年12月14日 | $970,000 | Council approved | |||
0.52 km | 5 | 213m2 | 2023年11月29日 | $1,100,000 | Council approved | |||
0.39 km | 4 | 290m2 | 2023年11月27日 | $1,540,000 | Council approved | |||
 | 0.21 km | 4 | 2 | -m2 | 2023年11月16日 | $1,950,000 | Council approved |