OFF MARKET

44 Miles Street
Coolangatta QLD 4225

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 219m2
Land area: 567m2
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Last updated 16 Sep 2024
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Property Details for 44 Miles St, Coolangatta

44 Miles St, Coolangatta is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 567m2 and floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Year Built
1955
Floor Size
219m2
Land Size
567m2
Local Government
Gold Coast City
Lot/Plan
4/RP74077

Last Listing description (October 2019)

Situated on the high side of Miles Street is this family property being offered to the market for the first time in over 40 years.
Comprising of two spacious flats, a three-bedroom apartment on the top floor and a two bedroom granny flat taking up the entire bottom floor. This could easily be a solution to your dual living requirements or a great investment opportunity.
Situated on a low maintenance 567sqm block, this property offers endless possibilities.

The Kirra, Coolangatta area is rapidly progressing to keep up with increasing demand from buyers and interstate investors looking to secure their piece of this unspoilt coastal region.
Both flats have their own expansive balcony, one bathroom, kitchen and share a laundry at the rear.
This is an excellent investment opportunity located within walking distance to Kirra and Coolangatta's vibrant shopping precinct with cafes, restaurants, boutique shopping, world famous beaches, an international airport and Southern Cross University at your doorstep.
The sellers are committed to selling and will consider offers prior to auction so you will need to be quick.

EXPECTED RENTAL RETURN:
Upstairs: $450 weekly
Downstairs: $300 weekly

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 44 Miles St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$740,000
04 Jul 2019
Listed for Rent
$330/w
27 Sep 2017
  • 04 Jul 2019
    Sold for $740,000
  • 06 Jun 2019
    Listed for Sale Not Disclosed
  • 14 Sep 2017
    Listed for Rent $330 / 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 6,127 properties. Over the last 5 years, Houses in Coolangatta have seen a 107.89% increase in median value, while Units have seen a 98.59% increase. As at 31 August 2024:

  • The median value for Houses in Coolangatta is $1,657,975 while the median value for Units is $1,187,868.
  • Houses have a median rent of $700 while Units have a median rent of $695.
There are currently 55 properties listed for sale, and 26 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Coolangatta.

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