503/2 Margaret StreetCoolum Beach QLD 4573
Property Details for 503/2 Margaret St, Coolum Beach
503/2 Margaret St, Coolum Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 111m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (June 2021)
A much sought-after ground floor apartment in the popular Coolum @ the Beach resort complex.
The unit itself has 2 large bedrooms, 2 bathrooms and 2 side by side car spaces with underground security parking. A lift takes you from the carpark to the unit.
You'll feel like you're on holidays every day with access to a full complement of resort facilities.
Kitchen and bathrooms are the latest design with stainless appliances, stone bench-tops and more house size than unit size.
Coolum at the Beach is an award winning complex, with four swimming pools including 2 heated pools. It also includes a gymnasium, bbq areas and on-site management.
Other features include:
Air conditioning
Gleaming ceramic tiles in living areas
Carpets to bedrooms
Tiled patio overlooking tropical gardens
Storage area at your front door for surfboards and bicycles
Short level walk to the beach, shopping centres, cafes and transport
The property is currently leased with excellent tenants until July 2021at $575 per week. The tenants would love to sign a new lease if the new buyer is a property investor.
The good news is this property has no restrictions - you can owner occupy, permanent rent or place into the holiday letting pool and use yourself to enjoy a break.
Estimated Expenses
* Body Corp Approx $167pw ($8,675pa)
* Waters Rates $1,200pa & Council Rates $2,432pa.
Call Mark Lawler on 0423 766 713 or Zoe Cooke 0428 329 291 for more information.
Property History for 503/2 Margaret St, Coolum Beach, QLD 4573
- 06 May 2021Sold for $540,000
- 29 Apr 2021Listed for Sale $525,000
- 16 Jan 2019Listed for Rent - Price not available
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About Coolum Beach 4573
The size of Coolum Beach is approximately 27.3 square kilometres. It has 29 parks covering nearly 56.6% of total area. The population of Coolum Beach in 2011 was 7,905 people. By 2016 the population was 8,493 showing a population growth of 7.4% in the area during that time. The predominant age group in Coolum Beach is 40-49 years. Households in Coolum Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolum Beach work in a professional occupation. In 2011, 59% of the homes in Coolum Beach were owner-occupied compared with 62.6% in 2016.
Coolum Beach has 6,360 properties. Over the last 5 years, Houses in Coolum Beach have seen a 102.56% increase in median value, while Units have seen a 95.14% increase. As at 30 September 2024:
- The median value for Houses in Coolum Beach is $1,398,539 while the median value for Units is $951,140.
- Houses have a median rent of $750 while Units have a median rent of $650.
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