SOLD
Sold on 23 Aug 2024 for $870,000

12/5-7 Ocean Street
Coolangatta QLD 4225

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 80m2
Land area: 440m2
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Property Details for 12/5-7 Ocean St, Coolangatta

12/5-7 Ocean St, Coolangatta is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 440m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Coolangatta in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
80m2
Land Size
440m2
Local Government
Gold Coast City
Lot/Plan
12/BUP103366

Last Listing description (September 2024)

Attention surfers and beach lovers, this one is for you! Immerse yourself in this spacious neat and tidy 2 bedroom apartment. This delightful property is close enough to soak up the coastal ambiance and lifestyle options on the southern end of the Gold Coast. Only 400 metres (approx.) from the famous Kirra beach, Kirra Surf Club, beachfront, restaurants and cafes.

Enjoy your morning coffee on the spacious balcony which flows effortlessly off the light-filled open plan living room. Features 2 good sized bedrooms with built in robes, ceiling fans, 2 bathrooms, 2 car spaces and a storage cage.

This well-maintained secure complex with a resort style pool and tropical gardens is centrally located close to Southern Cross University, John Flynn Private Hospital and the Gold Coast International Airport all within a short 5 minute drive.

FEATURES:
- Low body corporate fees - $98 per week approx
- Air-conditioned spacious lounge/dining areas leading into a private balcony
- Tidy functional kitchen
- 2 bedrooms, ceiling fans, built-in robes
- 2 car spaces plus stoarge cage
- Swimming pools in the complex for your enjoyment
- Secure complex
- On site management
- Currently rented at $700 per week- tenanted until 19 November 2024
- Council rates $2,414 approx. per annum

Whether you are an investor or wish to call this gem home, the property will tick many boxes.

For more information please contact Peita Arnold from Base Property Group on 0413 318 954.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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Property History for 12/5-7 Ocean St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$870,000
23 Aug 2024
  • 23 Aug 2024
    Sold for $870,000
  • 09 Aug 2024
    Listed for Sale Offers Over $850,000
  • 22 Feb 2007
    Sold for $324,000
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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 6,202 properties. Over the last 5 years, Houses in Coolangatta have seen a 101.93% increase in median value, while Units have seen a 96.18% increase. As at 28 February 2025:

  • The median value for Houses in Coolangatta is $1,636,314 while the median value for Units is $1,237,340.
  • Houses have a median rent of $700 while Units have a median rent of $750.
There are currently 50 properties listed for sale, and 41 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 292 properties were sold in the past 12 months in Coolangatta.

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