OFF MARKET

1/261-263 Golden Four Drive
Bilinga QLD 4225

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 204m2
Land area: 968m2
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Property Details for 1/261-263 Golden Four Dr, Bilinga

1/261-263 Golden Four Dr, Bilinga is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 968m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in May 2014.

Building Type
Unit
Year Built
1995
Floor Size
204m2
Land Size
968m2
Local Government
Gold Coast City
Lot/Plan
1/BUP102655

Last Listing description (August 2014)

UNIT, $50,000 INCOME + SUPERB LIFESTYLE
If you are seeking a change in pace and a super lifestyle choice to match then you must consider this terrific business opportunity .
THIS IS WHATS ON OFFER :-

1. SUPER SIZED 2BR GROUND LEVEL APARTMENT WITH SEPARATE OFFICE
2. SALARY AS RESIDENT MANAGER
3. LETTING & MANAGENT INCOME
'Golden Sea Apartments' comprises of 18 apartments only, in ground pool and surrounded by lush tropical gardens right on the water's edge.
The apartment - Immaculate and spacious 2 bedroom + separate managers office totalling
204m2 featuring :
- Cool tiled flooring
- Ensuite
- Large front and rear terraces (rear with ocean views)
- Double garaging + storage
- Fully equipped managers office with separate entrance & privacy to main residence.
The management rights business - Ideal set up with 7 of the 18 units under your onsite management (5 holiday let and 2 permanent let)
- In addition to the management of individual apartments your duties are to maintain the common areas, pool and gardens etc and this is remunerated by the body corporate
- The duration of Body Corporate Contract is June 2020 (with mutual right to extend)
Figures for both management and letting rights can be obtained...show more by contacting the agent.
LOCATION
'Golden Sea' is situated on Golden Four Dve Bilinga - right next door to the Bilinga Surf Club.
It is 3 minutes to the Coolangatta Airport, Southern Cross University and 5 minutes to the thriving retail precincts of Coolangatta & Tweed Heads.
AGENTS COMMENTS
Fantastic opportunity to enjoy a semi retired lifestyle with a steady & secure income stream.
Easily managed by single or couple with minimal easy care duties.
Coupled with the apartment this management rights package is ready to go and priced to sell.
Current managers have cared for both owners and the complex for almost 10 years and it's in tip top shape , now ready for takeover.
IF YOU CAN IMAGINE WORKING FROM HOME ON THE BEACHFRONT WITH MINIMAL HOURS & EARN INCOME FOR MANY YEARS TO COME, THEN THIS PACKAGE IS FOR YOU !
NOW OFFERS OVER $595K, WAS $750K
Additional feature/s - Beachfront.

Property History for 1/261-263 Golden Four Dr, Bilinga, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$580,000
07 May 2014
  • 07 May 2014
    Sold for $580,000
  • 08 May 2011
    Listed for Sale OFFERS OVER $595,000
  • 13 Apr 2002
    Sold for $405,000
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About Bilinga 4225

The size of Bilinga is approximately 2.6 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Bilinga in 2011 was 1,662 people. By 2016 the population was 1,833 showing a population growth of 10.3% in the area during that time. The predominant age group in Bilinga is 50-59 years. Households in Bilinga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bilinga work in a professional occupation. In 2011, 42.7% of the homes in Bilinga were owner-occupied compared with 46.2% in 2016.

Bilinga has 1,517 properties. Over the last 5 years, Houses in Bilinga have seen a 115.56% increase in median value, while Units have seen a 105.42% increase. As at 30 September 2024:

  • The median value for Houses in Bilinga is $1,727,332 while the median value for Units is $1,222,894.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Bilinga on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Bilinga.

Suburb Insights for Bilinga 4225

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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.