FOR SALE
Offers to Purchase

Lot 1 & 5/1-3 Douglas Street
Coolangatta QLD 4225

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 168m2
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Prime Investment Opportunity in a Thriving Location

Nestled in the heart of the rapidly emerging Kirra food and retail precinct, these rarely available strata units offer a unique opportunity to put your own stamp on this iconic location. Lots 1 and 5 are being offered with vacant possession, allowing for immediate customization to suit your vision. With their beachfront positioning and fantastic street exposure, these food-ready units are primed for success.
Additionally, the convenience of onsite parking enhances their appeal, making this a standout investment in Kirra’s vibrant landscape. Don't miss the chance to claim this exceptional property as your own!
PROPERTY FEATURES:
- Lot 1: 120m2 internal with 48m2 exclusive use alfresco
- Lot 5: 77m2 internal with 105m2 exclusive use alfresco
- Ocean views from alfresco dining
- Wide street frontage to prime corner position, directly opposite Kirra Beach
- Located amongst the new Kirra Beachfront developments, resorts and lifestyle precinct
- High traffic flow - cars and on foot - with mix of holiday and residential above
This property represents a prime investment opportunity in a thriving location with significant potential for growth and improvement.
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Property Details for Lot 1 & 5/1-3 Douglas St, Coolangatta

Building Type
Commercial
Floor Size
168m2

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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 6,108 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 59 properties listed for sale, and 32 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Coolangatta.

Suburb Insights for Coolangatta 4225

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Rachael Hodge
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Darren Jones
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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.