As Australian capital cities experience over-supply of investment properties, savvy investors looking for something more unique with a high return and lifestyle opportunity are beginning to look to the countryside for their next purchase.
One location that has piqued the interest of investors from across the country is Maleny in the Sunshine Coast hinterland.
Maleny has long been a coveted destination for the weekend escape and mini-vacations of Queenslanders due to its unique and beautiful natural environment and fresh mountain air. A close proximity to the Sunshine Coast and Brisbane CBD have ensured that Maleny has surged as part the economically stable and growing pocket of South-East Queensland.
RP Data reports that Maleny’s median house price in the area has been steadily increasing since September 2016 where it currently sits at $547,500. Increasing population growth and recent multimillion dollar property sales further reinforce the strengthening market in the area and how important it is to choose the right development when making an investment decision.
Magnus Olson, Director at new luxury Maleny property, The Ridge at Maleny highlights that “…as a rule, opportunities to invest in Maleny tend to be either a rental property that you can’t use OR a weekender that you get no income from and spend most of your time maintaining and cleaning the property. The Ridge at Maleny offers investors an exciting new alternative – the best of both worlds: potential for hassle-free rental income and the opportunity for personal use.”
“The Ridge at Maleny luxury cabins have freehold title and are designed to be a hassle-free investment with the opportunity for rental cash return, potential for good capital growth and the added bonus of personal use – making it one of the best opportunities currently available in the area. ”
“This project strikes a perfect balance between luxury development and importantly the conservation of the pristine and vast environment. With rare Council approval, the 14 luxury cabins are constructed on the highest point just west of Maleny on 300 acres giving spectacular views north to the Connondale Ranges and south to the Glasshouse Mountains.”
“The usual ‘common property’ foyer, grounds and limited gardens is replaced in this development by 300 acres of freehold land that runs from the grassy high ridge, down through a pristine wet sclerophyll forest and to the banks of the Mary River. With an onsite manager, all property maintenance is catered for so on arrival you can simply settle in, relax and enjoy the views or explore the 300 acres of pristine wilderness. “
The Ridge at Maleny is a perfect example of what investors should be looking for in a property.
As a boutique operation, there are only 14 luxury cabins available and unprecedented interest in the location has been already been seen with several sold to-date.
To arrange an inspection of our display cabin call Magnus on 0439 629 679
or click here to download our free ROI analysis and info pack to learn more