SOLD
Sold on 20 Dec 2023 for $730,000

3/9 Ocean Street
Coolangatta QLD 4225

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 162m2
Land area: 1251m2
Sold By
DJ Stringer Property Services
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Property Details for 3/9 Ocean St, Coolangatta

3/9 Ocean St, Coolangatta is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 1251m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Coolangatta in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
162m2
Land Size
1251m2
Local Government
Gold Coast City
Lot/Plan
3/BUP12399

Last Listing description (February 2024)

Surrounded by lush tropical gardens and within 550m to Kirra beach shoreline, this (2) bedroom elevated ground residence equipped with (2) terrace style balconies, provides a harmonious blend of indoor and outdoor space for you to truly unwind.

KEY FEATURES:

- Spacious open living & dining zones

- Well-appointed social kitchen
- Generous terrace style North facing balcony off living area
- Master bedroom w/ built-in mirror robe
- 2nd bedroom w/ built-in mirror robe
- Spacious two-way bathroom, also servicing the master bedroom
- Large terrace style rear balcony accessible from master bedroom
- Separate toilet
- Celling fans
- 2x lock up garages within secure basement (approx 2.2m clearance height)

DETAILS:

Body Corporate - $73.45 per week
Rates 1,207.23 per half year
Water Rates -$315.13 per quarter year
Market Rent in the vicinity of $600 per week

LOCATION:

Ocean Cove' is a solid and well-maintained establishment positioned within a flat (5) minute stroll to a smorgasbord of Kirra's cool cafes and the main esplanade shopping precinct - major shopping can be found just around Kirra Point at Coolangatta.

For surfers & swimmers, you can simply walk to Kirra's peeling point break or bath along miles of uncrowded beach at your leisure.

The Southern Cross University and GC International Airport are also within walking distance and a bus service also operates, virtually from your front door.

AGENT'S COMMENTS:

Whether you are looking for a well-established low maintenance abode to enjoy a myriad of lifestyle choices or an investor looking to capitalise on the rent return with assured capital growth, then this property is an astute choice.

For those with a cosmetic flair, there is also scope to add value to the modern era, if so desired.

Likely to attract strong interest, so be sure to jump out of the blocks quick!

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.

Property History for 3/9 Ocean St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$730,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $730,000
  • 11 Dec 2023
    Listed for Sale SOLD BY DAVID STRINGER
  • 08 Jan 1994
    Sold for $132,000
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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 6,108 properties. Over the last 5 years, Houses in Coolangatta have seen a 93.54% increase in median value, while Units have seen a 108.46% increase. As at 30 September 2024:

  • The median value for Houses in Coolangatta is $1,534,688 while the median value for Units is $1,245,668.
  • Houses have a median rent of $725 while Units have a median rent of $695.
There are currently 64 properties listed for sale, and 27 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 257 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.