apartment
501/19 first avenue, MOOLOOLABA
$1,260,000
2
PROPERTY
OPEN HOMES
TBC
High Yield Investment Potential - Current Owner will pay BC Fee's until July 2027
Apartment 501 in the sought-after Cilento complex presents an outstanding investment or owner occupier opportunity just one street back from the world-famous Mooloolaba Beach. Situated on the 5th floor in the desirable North-East corner, this fully renovated 2-bedroom, 2-bathroom apartment spans 121sqm, offering a premium coastal lifestyle with high rental appeal.
Designed for low-maintenance, high-return potential, this apartment has been meticulously upgraded with hybrid flooring, new timber skirtings, and a fresh ocean-inspired aesthetic. You will appreciate the all-new electrical and plumbing work, ensuring longevity and reduced upkeep costs. Wireless electric blinds in the ensuite and living area add a modern, energy-efficient touch.
The open-plan living and dining area is light-filled and spacious, seamlessly extending to three private balconies that capture stunning ocean and hinterland views—an attractive feature for holiday guests or long-term tenants. The sleek kitchen is equipped with high-end European appliances, stone benchtops, and soft-close cabinetry, delivering both style and functionality.
The main bedroom, complete with ocean views, a walk-in robe, and a private ensuite, is a major draw for those seeking a luxurious retreat. The second bedroom, with its own balcony and built-in robe, offers versatility as guest accommodation or a home office. Additional features include a walk-in laundry, secure basement parking, and a gated entrance for privacy.
Features:
North facing renovated apartment in First Avenue
Ocean and hinterland views
High quality renovation
Ideal for the investor, 30% owner occupier and 70% holiday-let
High rental yield potential approximately $75,000.00 @ 70% Occupancy (refer to Holiday Mooloolaba Appraisal)
Cilento’s prime location ensures strong occupancy rates, with the Mooloolaba Esplanade, boutique shopping, and award-winning dining just steps away. The nearby Wharf Precinct and picturesque boardwalk enhance the lifestyle appeal, making this an attractive option for both short-term holiday rentals and permanent leasing.
With fully ducted air-conditioning, plantation shutters, and a meticulous renovation, Apartment 501 is a hassle-free, premium investment opportunity in one of Queensland’s most in-demand beachside locations.
