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13/129 Mystic Avenue
Balgal Beach, QLD 4816
Offers Over $530,000
Overview
13/129 Mystic Avenue, Balgal Beach
This property at 13/129 Mystic Avenue, Balgal Beach, presents an outstanding investment opportunity. It is a modern, well-maintained house completed in 2021, offering four bedrooms and two bathrooms, designed to provide comfortable coastal living and strong rental returns.
Situated on a generous 712 square meter parcel, the home benefits from a contemporary layout that maximizes functionality. It features a distinct loungeroom ideal for relaxation, alongside a bright open-plan kitchen and dining area that creates a welcoming communal space. The kitchen is well-appointed, catering to tenants who appreciate quality and convenience, while the dining area flows seamlessly to the outdoor space, enhancing the living experience.
All four bedrooms include built-in storage, providing ample space for residents. The two bathrooms accommodate busy households efficiently. The property also includes a double garage, offering secure parking and additional storage. Side access to the spacious backyard adds flexibility for recreational vehicles or potential landscaping enhancements.
Currently tenanted until December 2026, the property offers immediate and secure income, with a rental increase scheduled to $520 per week from May 23, 2026. This stable tenancy and relatively new construction minimize maintenance costs, making it an attractive option for investors seeking reliable yields.
Balgal Beach is a rapidly growing area favored by families and professionals, ensuring ongoing demand for rental properties. The location and features of this home combine to create a compelling investment prospect in a sought-after coastal community.
Additional costs include council rates of approximately $1,561.46 per half year and body corporate fees around $2,475 per half year, which cover sewage treatment services.
Location
Balgal Beach QLD 4816
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