SOLD
Sold on 06 Aug 2024 for $2,000,000

89 Garrick Street
Coolangatta QLD 4225

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 320m2
Land area: 1286m2
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Property Details for 89 Garrick St, Coolangatta

89 Garrick St, Coolangatta is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 1286m2 and floor size of 320m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Coolangatta in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
320m2
Land Size
1286m2
Local Government
Gold Coast City
Lot/Plan
1/RP902635

Last Listing description (September 2024)

A RARE FIND - DEVELOPERS & BUILDERS, START YOUR ENGINES....STUNNING OCEAN VIEWS FROM SURFERS (QLD) ALL THE WAY DOWN TO FINGAL HEAD (NSW)

- Bring your Architect

- Bring your Builder

- Bring your Imagination

Showcasing this elevated 1286sqm block....minutes from the ocean, this commanding position is nestled on one of Coolangattas premier blue chip cul-de-sacs. From here you can watch Humpback Whales during migrating season and fireworks on New Years Eve. You're minutes from the world famous white sands and surf of Coolangatta with stunning ocean views from Surfers Paradise (QLD) past D-Bar all the way down the coast to Cook Island, Fingal Head (NSW).

Planning for your dream build provides multiple opportunities including but not limited to;
- Building up to a 9m height plane with an option to build higher through a 'referral' instead of a full DA i.e. a certifier can approve over 9m however the council gets referred to for advice, generally from a town planner.
- Build 2 separate properties on the block and layer up to 3 levels to maximise the stunning views.
- Apply to council to subdivide however this will need to be approved and would have a cost of approx. $120,000
- Develop and build 2 separate dwellings without the $120,000 approx. cost of subdividing block size 600m2 using a shared driveway.
- Land bank for future development

A golden opportunity not to be missed !!!

Disclaimer: This property is being sold under auction conditions and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 89 Garrick St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$2,000,000
06 Aug 2024
  • 06 Aug 2024
    Sold for $2,000,000
  • 28 Jun 2024
    Listed for Sale Auction On Site 6th Aug (Unless Sold Prior)

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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 6,106 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 66 properties listed for sale, and 35 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Coolangatta.

Suburb Insights for Coolangatta 4225

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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.