SOLD
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Sold on 19 Sep 2024 for $765,000

2/16 Coyne Street
Coolangatta QLD 4225

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/16 Coyne St, Coolangatta

2/16 Coyne St, Coolangatta is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Coolangatta in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
2/BUP2026

Last Listing description (September 2024)

This spacious ground-floor apartment presents a fantastic opportunity for investors, first-time homebuyers, or anyone seeking an idyllic seaside retreat. Located just 290 meters from the iconic Kirra Beach, this property offers the ultimate in coastal living.

Part of a boutique complex with only eight units, the apartment features:

* Two generously sized bedrooms with built-in wardrobes

* A kitchen with ample cupboard space, seamlessly connected to a large living and dining area
* A combined bathroom and laundry, complemented by a separate toilet
* Designated parking for one vehicle

Step outside to immerse yourself in the vibrant local community, where cafes, parks, shops, and beachfront restaurants are all within easy reach. Kirra Beach is celebrated for its expansive white sandy shores, excellent surf breaks, and pristine waters ideal for swimming, whale watching, and paddleboarding.

The nearby Kirra precinct offers an array of upmarket restaurants, cafes, bars, and shops, enhancing the appeal of this location. Recognized as one of the world's premier surf destinations, Kirra Beach is a magnet for both residents and holidaymakers.

With ample potential to create the ultimate beachside abode, this low-maintenance property is a true lifestyle investment. Whether you're looking to make it your home or expand your property portfolio, this tightly held complex provides a rare opportunity to own prime coastal real estate. Don't miss the chance to enjoy the best of beachside living at Kirra Beach!

WHERE TO FROM HERE?
290m to Kirra Beach
290m to Kirra's dining precinct
450m to Kirra Village with medical centre, take away options and convenience store
750m to Kirra Beach Hotel
1.3km to Gold Coast Airport
1.6km to The Strand, Coolangatta
1.8km to Kirra Hill Lookout
50-minute drive to Byron Bay
90-minute drive to Brisbane

THE FINER DETAILS:
Body Corporate Levies: $97 per week (approximately)
Sinking Fund: $55,191.02 as at 31st December 2023
Council Rates: $1,791.97 per half annum (approximately)
Rental Return: Currently leased til 31-07-2025 for $500 per week
Rental Appraisal: $500 - $550 per week
Residences in the Complex: 8
Build Year: 1975

For further information or to arrange an inspection, contact Gavin Keith on 0438 243 441

This property is being sold as an "Expressions Of Interest" with all offers being presented immediately to the owner for consideration and/or response.

DISCLAIMER
The information relating to this property has been obtained by a third-party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor.

Property History for 2/16 Coyne St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$765,000
19 Sep 2024
Listed for Rent
$300/w
03 Aug 2017
  • 10 Sep 2024
    Sold for $765,000
  • 26 Aug 2024
    Listed for Sale Expressions of Interest
  • 25 Jul 2017
    Listed for Rent $300 / week
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About Coolangatta 4225

The size of Coolangatta is approximately 1.8 square kilometres. It has 8 parks covering nearly 16.5% of total area. The population of Coolangatta in 2011 was 5,192 people. By 2016 the population was 5,959 showing a population growth of 14.8% in the area during that time. The predominant age group in Coolangatta is 60-69 years. Households in Coolangatta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolangatta work in a professional occupation. In 2011, 44.9% of the homes in Coolangatta were owner-occupied compared with 48.2% in 2016.

Coolangatta has 6,106 properties. Over the last 5 years, Houses in Coolangatta have seen a 109.02% increase in median value, while Units have seen a 103.49% increase. As at 31 October 2024:

  • The median value for Houses in Coolangatta is $1,654,991 while the median value for Units is $1,234,151.
  • Houses have a median rent of $715 while Units have a median rent of $700.
There are currently 66 properties listed for sale, and 29 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Coolangatta.

Suburb Insights for Coolangatta 4225

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Contact agent
Gavin Keith
Show contact details
RBR Property Consultants
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.