Sold

41 Sarasota Loop, Madora Bay

SOLD for $1,060,000

5 3 2 495m2

Set and forget coastal investment with strong weekly return

In one of Madora Bay's most tightly held coastal pockets, this 2022 built dual key property delivers exactly what serious investors chase, strong cash flow, modern construction and long-term lease security. Positioned on a 495sqm block and returning $1,110 per week with established tenancies in place, this is a high performing asset in a suburb defined by consistent demand and coastal growth.

• Block Size: 495sqm
• Built: 2022
• Primary Residence - 137.60sqm (3Bed, 2Bath)
• Secondary Residence - 70.50sqm (2Bed, 1Bath)
• Total Under roof size - 208.10sqm (Dual Key Residence)
• Current Rent: $1,110 per week
• Lease: Long term tenancies in place

The primary residence offers three bedrooms, two bathrooms and a double garage, delivering a modern, low maintenance layout that strongly appeals to long term tenants. The open plan kitchen and dining zone is well sized and finished with stone benchtops, ample storage and split system air conditioning, while low maintenance tiled flooring runs through the main living areas and carpet underfoot provides comfort in all bedrooms. The master suite includes its own split system unit, a walk-in robe and private ensuite with glass enclosed shower, single vanity and toilet. Bedrooms two and three are well proportioned and both features built in robes. The family bathroom is equally practical with a bathtub, glass enclosed shower and single vanity, complemented by a large laundry with walk in linen and external access.

The secondary dwelling comprises two bedrooms, one bathroom and a single carport, complete with its own private entry and courtyard. It mirrors the same modern finish, with stone benchtops through the kitchen and a functional open plan layout and quality fixtures throughout. All bedrooms are carpeted, with tiled flooring through the main living areas for easy maintenance. The main bedroom includes a split system air conditioning unit and double built in wardrobe, while the semi ensuite is finished with a glass enclosed shower, single vanity and toilet.

Both homes enjoy separate outdoor areas, ensuring privacy and independence for tenants, a key advantage in supporting long term occupancy and reducing vacancy risk.

Investment highlights include:

• Dual key configuration generating two income streams under one title
• $1,110 per week combined rental return
• Long term leases secured
• 2022 build, modern construction
• Stone benchtops in both kitchens
• Private outdoor areas for each dwelling
• Double garage plus carport
• Low maintenance 495sqm block
• Strong tenant demand in Madora Bay

Located close to parks, local shopping amenities, schools and within easy reach of the coastline, this property sits in a high growth coastal corridor that continues to attract both tenants and owner occupiers alike.

For investors seeking solid yield, modern construction and lease security from day one, 41 Sarasota Loop represents a high performing addition to any portfolio.

Disclaimer: This property description has been prepared for advertising and marketing purposes only. The information provided is believed to be reliable and accurate. Buyers are encouraged to make their own independent due diligence investigations / enquiries and rely on their own personal judgement regarding the information provided. Opal Realty provide this information without any express or implied warranty as to its accuracy or currency.

Details

Address 41 Sarasota Loop, Madora Bay
Price SOLD for $1,060,000
Property Type Residential
Property ID 402
Category House
Land Area 495m2
Floor Area 208.10m2

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Tom Barnes

0405 952 201