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Sold on 17 Jan 2024 for $432,500

108/88 Marine Parade
Coolangatta QLD 4225

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 108/88 Marine Pde, Coolangatta

108/88 Marine Pde, Coolangatta is a 1 bedroom, 1 bathroom Studio with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Studio sold in Coolangatta in the last 12 months.

Building Type
Studio
Local Government
Gold Coast City
Lot/Plan
16/SP106919

Last Listing description (January 2024)

Discover your ideal investment opportunity in this fantastic, fully furnished studio apartment set on the 1st floor of Mantra - Calypso Towers. Situated in the vibrant heart of Coolangatta, this sought-after residence presents an enviable chance for investors craving a beachside property.

Embraced by the allure of its prime location, Mantra Calypso Towers stands proudly opposite the picturesque, patrolled Coolangatta Beach. Its proximity to a myriad of renowned restaurants, charming cafes, and diverse shops ensures a lifestyle that's both vibrant and convenient. Don't miss the chance to make this exceptional property your next investment venture.

The property features:

* Open-plan studio 
* Functional kitchenette
* Light-filled with balcony access with an outlook over the courtyard
* Well-equipped bathroom and laundry combined
* Air-conditioning
* Secure basement parking for one vehicle

Resort facilities include:
* Swimming pool and spa
* Gym
* Sauna
* Tennis court 
* Lift

WHERE TO FROM HERE?
* Directly across the road from Coolangatta Beach
* 160m to The Stand Shopping Centre, offering a variety of dining, shopping, and entertainment options
* 500m walk to Twin Towns Services Club
* 3km to Coolangatta Airport
* 45-minute drive to Byron Bay and Surfers Paradise

THE FINER DETAILS:
Body Corporate Levies: $61 per week (approximately) with pay-on-time discount 
Admin Fund Balance: $129,901 as at 21/09/2023
Sinking Fund Balance: $505,841 as at 21/09/2023
Permanent Rental Projection: $350 - $400 per week
Holiday Tariffs Projection - Off Season: $140 per night
Holiday Tariffs Projection - Holidays: $205 per night
Holiday Tariffs Projection - Easter: $255 per night
Holiday Tariffs Projection - Christmas: $280 per night

For further information or to arrange an inspection please contact Gavin Keith on 0438 243 441 or gavin@rbr.com.au.

This property is being sold as an "Expressions Of Interest" with all offers being presented immediately to the owner for consideration and/or response.

DISCLAIMER
The information relating to this property has been obtained by a third-party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.

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Property History for 108/88 Marine Pde, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$432,500
17 Jan 2024
  • 17 Jan 2024
    Sold for $432,500
  • 15 Nov 2023
    Listed for Sale Not Disclosed
  • 16 Jun 2006
    Sold for $180,000
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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 6,065 properties.

    There are currently 57 properties listed for sale, and 51 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 248 properties were sold in the past 12 months in Coolangatta.

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