FOR SALE
$129,000 + SAV

34 Musgrave Street
Coolangatta QLD 4225

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Institutional Kirra Beachfront Café hits the market!

Step into a well-established and successful beachfront café, perfectly positioned in steps off the sand in Kirra. With a strong trading history spanning six years, this café is a gem for any aspiring or seasoned entrepreneur looking to own a piece of paradise.
Key Features Include
• Prime Beachfront Location: Situated in the bustling and vibrant area of Kirra Beach, this café enjoys consistent foot traffic from tourists and locals alike. Just steps away from the golden sands and crystal-clear waters, providing a picturesque dining experience.
• Strong Trading History: Six years of consistent and profitable operations, with a well-established reputation with a loyal customer base. The cafe consistently turns over $16,000-$18,000 per week with 35+ kgs of coffee turned over!
• Spacious Seating Area: 100m2 of indoor floor space, offering a comfortable and inviting atmosphere for guests. Alfresco dining options are available, allowing customers to enjoy their meals with a view of the ocean.
• Quality Fit-Out and Equipment: No immediate investment is required, walk in and start trading. This cafe boasts a fully equipped kitchen with state-of-the-art appliances blending with a modern and stylish interior design with quality furnishings.
• Strong Lease Terms: Secure lease with favourable terms, ensuring peace of mind and stability for the new owner.
Owning this café means stepping into a turn-key business with a proven track record in a prime location.
Please contact James Mulholland for further information, please note an NDA is required for further information.
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Property Details for 34 Musgrave St, Coolangatta

Building Type
Commercial

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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 6,136 properties. Over the last 5 years, Houses in Coolangatta have seen a 93.54% increase in median value, while Units have seen a 108.46% increase. As at 30 September 2024:

  • The median value for Houses in Coolangatta is $1,534,688 while the median value for Units is $1,245,668.
  • Houses have a median rent of $725 while Units have a median rent of $695.
There are currently 55 properties listed for sale, and 27 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Coolangatta.

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James Mulholland
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Ray White Tugun | Elanora
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