SOLD
Sold on 18 Jul 2024 for $925,000

12/40 Teemangum Street
Currumbin QLD 4223

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 141m2
Land area: 1790m2
Sold By
COASTAL Palm Beach
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Property Details for 12/40 Teemangum St, Currumbin

12/40 Teemangum St, Currumbin is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 1790m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Currumbin in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
141m2
Land Size
1790m2
Local Government
Gold Coast City
Lot/Plan
12/BUP103763

Last Listing description (August 2024)

Apartment 12 is superbly situated just a short distance from the pristine Currumbin Beach, the famous Currumbin Alley, and the popular Oceanway path for bike riding and long walks with endless ocean views. Nestled in the heart of Currumbin next to the renowned Currumbin Wildlife Sanctuary, this complex is an excellent choice for an investor looking for a beach lifestyle investment or perhaps it's the weekender or new home you have been looking for. Boasting breathtaking resort tropical style amenities - you need to see to believe.

This ground floor spacious apartment has been freshly painted and boasts 2 light-filled bedrooms, 2 bathrooms and an exceptionally large wrap-around balcony perfect for outdoor entertaining and dining.

The kitchen is open plan and spacious providing excellent storage options, dishwasher and combined laundry for convenience.

The large master bedroom features a modern en-suite. Both bedrooms have floor to ceiling glass sliding doors, mirrored wardrobes, and ceiling fans. Both boast a beautiful green leafy outlook from the ceiling to floor glass sliding doors and direct access to the balcony allowing sea breezes and natural light throughout. Second bathroom with bathtub is sizeable and perfect for guests.

The open-plan apartment is light and bright and inviting with beautiful views of the terrace and garden and lake views providing a private and tranquil living experience.

This apartment type has one of the largest balconies in the complex and offers an outlook over the Currumbin sanctuary lake and gardens, giving you privacy and separation from the southern side of the complex.

Located within the secure Sanctuary Lake Apartments complex, this property offers a resort-style experience with a comfortable and convenient lifestyle in Currumbin.

Residents and guests at Sanctuary Lake Apartments enjoy a range of resort-style facilities, including:
- A sparkling resort pool with lagoon walk-in access
- An inviting mineral spa (heated year-round)
- Lush tropical gardens
- Multiple BBQ and outdoor areas for entertainment and relaxation
- Secure undercover car parking
- Well-maintained buildings
- Professional and friendly onsite managers providing holiday and letting services year-round
- Supportive, proactive, and friendly community and body corporate committee
- Sanctuary Lake Apartments comprises of 78 apartments
- Built in 1995
- Rental Appraisal: $850 pw
- Holiday letting financials upon request to agent

Property Outgoings:
Water $349.71 per quarter approx
Rates $980 per quarter approx
Body Corporate: $120 pw

Location:
You will be living in tropical paradise and just steps away from Currumbin Beach & Len Wort Park overlooking the beach and a short stroll to Currumbin Alley. Nearby amenities include the local General Store for daily essentials, as well as the Cornerstone with its Stable Cafe offering delicious coffee and cakes, boutique retailers and an upmarket cellar for convenience.

Currumbin boasts one of the Gold Coast's best surfing beaches, where you can choose from paddleboarding on the creek or enjoying ocean swims. Within minutes of your front door, you can also find popular dining spots including Currumbin Surf Club, Tommys Restaurant, The Salt Mill, and Barefoot Barista - perfect places to recharge after a morning at the beach.

Beachside apartments like these do not last long, so act now before it's gone.

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.

Property History for 12/40 Teemangum St, Currumbin, QLD 4223

A timeline of how this property has performed in the market
Last Sold
$925,000
18 Jul 2024
Listed for Rent
$875/w
18 Jul 2024
  • 18 Jul 2024
    Sold for $925,000
  • 17 Jul 2024
    Listed for Rent $875 / week
  • 01 Jul 2024
    Listed for Sale Offers Over $889,000
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About Currumbin 4223

The size of Currumbin is approximately 2 square kilometres. It has 15 parks covering nearly 17.5% of total area. The population of Currumbin in 2011 was 2,785 people. By 2016 the population was 2,905 showing a population growth of 4.3% in the area during that time. The predominant age group in Currumbin is 50-59 years. Households in Currumbin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Currumbin work in a professional occupation. In 2011, 61.2% of the homes in Currumbin were owner-occupied compared with 61.5% in 2016.

Currumbin has 1,990 properties. Over the last 5 years, Houses in Currumbin have seen a 102.16% increase in median value, while Units have seen a 99.06% increase. As at 31 October 2024:

  • The median value for Houses in Currumbin is $1,859,279 while the median value for Units is $1,050,746.
  • Houses have a median rent of $1,050 while Units have a median rent of $787.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Currumbin on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Currumbin.

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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.