OFF MARKET

1/130 Musgrave Street
Coolangatta QLD 4225

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 249m2
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Property Details for 1/130 Musgrave St, Coolangatta

1/130 Musgrave St, Coolangatta is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 249m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1981
Floor Size
73m2
Land Size
249m2
Local Government
Gold Coast City
Lot/Plan
1/BUP4119

Last Listing description (August 2022)

Jo Lynch of LJ Hooker presents the ultimate investment in the tourism mecca of the Southern End!

This ground level unit, 1 of 6 in the complex, is in the heart of Coolangatta. Conveniently located close to The Strand for shopping ease, along with some of the GC's finest restaurants, cafes, pubs and surf clubs, all within walking distance.

Kirra Beach is only a 200m walk, or a 600m stroll to Coolangatta Beach. Relax on your east facing balcony that offers privacy while still allowing you to take in the Cooly vibe.

This light-filled unit is spacious with two large bedrooms and a generous living area, carpeted throughout. The kitchen has been recently updated with solid timber bench tops. This property also comes with one secure garage space, and plenty of additional on-street parking. Although, in this location a car really is optional!

Currently generating $450 per week in rental income, this is the investment property you've been waiting for in the heart of Coolangatta!

Additional:
- 2 bedrooms both with built-in wardrobes and ceiling fans
- Bathroom / laundry combined
- Separate toilet
- Single lock-up garage
- Currently tenanted with fixed term agreement in place until March 2023

Body Corporate approx. $2000 p/a. Paid quarterly or annually.
Council Rates approx. $3320 p/a
Water Rates approx. $330 per quarter

Contact Jo Lynch to arrange your viewing today on 0424 420 884.

COVID-19
Please note all inspections will be held in accordance with the Chief Medical Officers advice and Covid-19 social distancing rules including limiting the number of people inside the house at any one time. Please respect this advice and be patient as we try to assist you.

We respectfully request the following attendees please contact us to make alternative viewing arrangements:
- Person (s) feeling unwell;
- Person (s) who have been in contact with a confirmed case of COVID-19 in the last 14 days

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 1/130 Musgrave St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$645,000
04 Jun 2022
Listed for Rent
$450/w
13 Nov 2020
  • 04 Jun 2022
    Sold for $645,000
  • 11 May 2022
    Listed for Sale $660,000 - $690,000
  • 03 Nov 2020
    Listed for Rent $472 / 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 67 properties listed for sale, and 29 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 261 properties were sold in the past 12 months in Coolangatta.

Suburb Insights for Coolangatta 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.