FOR SALE
$1.275M MR & $925k Unit = Total $2.2M

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Coolum Beach QLD 4573

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Experience Coastal Luxury: Prime Investment Opportunity Awaits! 12.5% ROI

This exquisite 3-level luxury property, located just a short stroll from the beach, vibrant shops, and popular dining spots, is positioned in the heart of Coolum Beach’s thriving seaside village. Its prime location makes it an ideal gateway to the Sunshine Coast's top attractions, offering a perfect blend of coastal living and convenience. Designed by an architect, every air-conditioned apartment is outfitted with premium European appliances in fully equipped kitchens, while spacious dining and living areas are complete with flat-screen cable TVs. The beautifully designed bedrooms and modern bathrooms provide an exceptional guest experience, contributing to the high volume of repeat visitors.
The property offers a wide range of resort-style amenities, ensuring guests have ample leisure options. It features three sparkling pools, maintained weekly by a pool company paid for by the Body Corporate, and four separate BBQ areas for social gatherings. Security is provided every night, also funded by the Body Corporate, adding to the peace of mind for guests and residents alike. The manager handles approximately four hours of Body Corporate-related tasks per day. Additional amenities include relaxing spas, a tennis court, and a fully equipped gym, all set within beautifully maintained, award-winning gardens. The Body Corporate also offers a generous salary to the manager, making this an attractive opportunity. The Body corp pay for a pool company to come once a week, and a gardener , less maintenance for the new managers.
The manager’s residence is a standout feature, offering both luxury and practicality. It includes a spacious double lock-up garage (DLUG), a large outdoor entertaining area, two private courtyards, and a beautifully landscaped garden. These expansive living spaces provide plenty of room for entertaining family and friends, making it easy to enjoy the relaxed coastal lifestyle.
Key Financials & Features:
- Nett profit exceeding $274,234. 12.5% ROI
- Body Corporate Salary of $124,007 with low-maintenance gardens.
- 20 units in the letting pool ensuring a steady income stream.
- Central location perfect for short stays, yielding higher returns.
- Established corporate client base and high demand from returning guests.
- Real estate including office $925,000, Business : $1,275,000, Total $2,200,000
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Property Details for Contact Agent For Address, Coolum Beach

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Commercial

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About Coolum Beach 4573

The size of Coolum Beach is approximately 27.3 square kilometres. It has 29 parks covering nearly 56.6% of total area. The population of Coolum Beach in 2011 was 7,905 people. By 2016 the population was 8,493 showing a population growth of 7.4% in the area during that time. The predominant age group in Coolum Beach is 40-49 years. Households in Coolum Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolum Beach work in a professional occupation. In 2011, 59% of the homes in Coolum Beach were owner-occupied compared with 62.6% in 2016.

Coolum Beach has 6,298 properties. Over the last 5 years, Houses in Coolum Beach have seen a 102.56% increase in median value, while Units have seen a 95.14% increase. As at 30 September 2024:

  • The median value for Houses in Coolum Beach is $1,398,539 while the median value for Units is $951,140.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 70 properties listed for sale, and 18 properties listed for rent in Coolum beach on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Coolum beach.

Suburb Insights for Coolum Beach 4573

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Geoff Hatchman
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RAAS Property Group
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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.