SOLD
Sold on 02 May 2024 for $615,000

74/28 Fortune Street
Coomera QLD 4209

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 119m2
Land area: 179m2
Sold By
RAS360 Property Group
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Property Details for 74/28 Fortune St, Coomera

74/28 Fortune St, Coomera is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2015. The property has a land size of 179m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Townhouse sold in Coomera in the last 12 months.

Building Type
Townhouse
Year Built
2015
Floor Size
119m2
Land Size
179m2
Local Government
Gold Coast City
Lot/Plan
74/SP261557

Last Listing description (June 2024)

This architecturally designed townhouse, just eight and a half years old, presents an excellent investment opportunity.

Nestled within Fortune Park Estate, this property boasts on-site management, a swimming pool, and recreational spaces, ensuring a convenient and comfortable lifestyle. With a mere 25-minute drive to the Surfers Paradise beaches and a 50-minute commute to the Brisbane CBD, along with proximity to renowned Gold Coast parks, this townhouse offers unparalleled convenience.

Key Features:

- Investment Opportunity
- Townhouse, only 8 1/2 years old
- Three bedrooms, two bathrooms, three toilets
- 2-car garage with internal access
- Spacious open-plan living
- Stacker doors leading to a balcony
- Master bedroom with ensuite
- Ample visitor parking
- Air conditioning and ceiling fans
- Stylish stone benchtops in kitchen & glass splashback
- Separate laundry in garage
- Best value investor return in this high-growth area
- Extremely well-managed complex

The Numbers: All Approx
- Gold Coast Council Water & Sewerage Charges - $417.69 per quarter
- Gold Coast Council & State Rates - $1,20723 per 6 months
- BC levies - $62 per week
- Current rental return $580 pw
- End of lease - 04/07/2024
- Market rental return will be $630pw - $650pw
- Onsite mangers have qualified tenants ready

Investment Benefits in Coomera, offering numerous advantages:
- Growth Potential: Coomera is a recognized growth corridor, ensuring property value appreciation.
- Strategic Location: Close to vital services, shopping, and entertainment, appealing to residents and tenants.
- Infrastructure Development: Only 5 minutes from the railway station and new Westfield shopping center, reflecting ongoing enhancements.
- Coomera Connector: Stage 1 North is a key project reducing M1 pressure, reaching a construction milestone in March 2024.
- Education Hub: Within 5 km of 10+ schools, making it ideal for families seeking quality education.
- Accessibility: Quick access to Brisbane and Gold Coast airports, Surfers Paradise beaches, and parks.
- Recreational Amenities: On-site inground swimming pool offers luxury and leisure to residents.

Invest in this strategically positioned Coomera townhouse for stylish living and long-term growth. The blend of location, infrastructure, education, and recreation makes it a compelling choice for savvy investors.

Property History for 74/28 Fortune St, Coomera, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$615,000
02 May 2024
  • 21 May 2024
    Listed for Sale $615,000 + Investors Enquire Today
  • 02 May 2024
    Sold for $615,000
  • 20 Apr 2024
    Listed for Sale $615,000 + Investors Enquire Today
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About Coomera 4209

The size of Coomera is approximately 24.6 square kilometres. It has 33 parks covering nearly 9.8% of total area. The population of Coomera in 2011 was 8,792 people. By 2016 the population was 13,312 showing a population growth of 51.4% in the area during that time. The predominant age group in Coomera is 0-9 years. Households in Coomera are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coomera work in a trades occupation. In 2011, 42.9% of the homes in Coomera were owner-occupied compared with 36.8% in 2016.

Coomera has 9,066 properties. Over the last 5 years, Houses in Coomera have seen a 93.16% increase in median value, while Units have seen a 108.10% increase. As at 30 September 2024:

  • The median value for Houses in Coomera is $879,285 while the median value for Units is $658,097.
  • Houses have a median rent of $720 while Units have a median rent of $630.
There are currently 63 properties listed for sale, and 48 properties listed for rent in Coomera on OnTheHouse. According to CoreLogic's data, 584 properties were sold in the past 12 months in Coomera.

Suburb Insights for Coomera 4209

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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.