OFF MARKET

24 Rutledge Street
Coolangatta QLD 4225

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 166m2
Land area: 685m2
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Property Details for 24 Rutledge St, Coolangatta

24 Rutledge St, Coolangatta is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 685m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
1970
Floor Size
166m2
Land Size
685m2
Local Government
Gold Coast City
Lot/Plan
2/RP49198

Last Listing description (February 2020)

24 Rutledge Street, Coolangatta, has a rich history, build quality, and investment opportunity rarely presented along the Southern Gold Coast. The home was built by one of the area's most reputable builders, for his own family, back in 1970. The family lived here for 33 years until the current owners purchased the home in 2003, where they renovated and have lived happily for the past 17 years.

The 3 bedroom home has all the character and unmatched quality of the '70s, whilst keeping up to date with modern finishes. The ground level features two large bedrooms, as well as a shared bathroom. There is also a welcoming entryway and study nook. Moving upstairs, and immediately the views are breathtaking. The soft tones of the natural timber floors complement the light-filled spaces of the dining, living and family rooms. The stonetop kitchen and living areas open to views over Kirra's green streets, Kirra Beach and beyond to the hinterland. Sunsets from the covered deck must be seen to be believed.


There is an abundance of storage and utilities access under the house, with lockable gates for security. The rear yard is scattered with fruit trees, perfect for the pottering gardener. You will also have plenty of room for a pool and children to play.

Very few houses in Coolangatta are only a 5 min soft walk to the beach and elevated enough for sensational views. Parts of the property still have remnants of an era that shaped Coolangatta. The original access looked to be from the slipway along Tweed Street, where the property's boundary still resides today.

Perhaps the most superior feature, and greatest opportunity, is the development zoning of the property (medium density) allowing the new owners to potentially add another level to the home, development of multi-dwellings or land bank for a greater development/developer purchasing neighbouring lots. The closeness to the beach, Coolangatta's retail centre, world-class waves, and astonishing views, even greater from a higher level, would make for an unbelievable development opportunity.

This exclusive property is being sold as an Expressions Of Interest, with all offers, including conditions, to be submitted before 17th February 2020 5:00 pm (Qld time). The owners are open to accepting offers prior to the Expressions Of Interest deadline.

Rarely do we come across a property that offers A+ views, a short walk to the beach, grassed yard, and a great investment opportunity.

Property History for 24 Rutledge St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$1,350,000
31 Jan 2020
  • 31 Jan 2020
    Sold for $1,350,000
  • 15 Jan 2020
    Listed for Sale Contact Agent
  • 20 Jan 2003
    Sold for $750,000
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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 6,105 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 64 properties listed for sale, and 35 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Coolangatta.

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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.