20/12 Coolgardie Street

Elanora QLD 4221

Being a dual key unit you can simply lock the internal doorway and rent them out as two separate units, or alternatively, live in one half and get income from the other! Of course if you value your personal space you can simply leave the middle door open and use both apartments for your own personal use..

The unit has been well renovated with a new kitchen, and tiles throughout. The owner has optimised storage in the space available and given the property a modern and homely feel. A kitchenette has been added to the studio side to maximise the rental return currently rented at $240 per week. The 1 Bedroom side is currently vacant. The expected net return is approximately $310 per week.

Being located in the Bay of Palms complex has many benefits, including direct water access to the Pines Lake, and close proximity to public transport and being next door to the Pines Shopping Centre.

Furthermore, youre close to the ever popular Currumbin Estuary, RSL Clubs, having easy access to the M1 and you are only about 1.5km to the beach!

The property is being sold as one unit consisting of:

Unit 20 featuring: - One bedroom, one bathroom, kitchen and living area.

Unit 20 A featuring: - *Studio type unit with sleeping and living area combined with a kitchenette, and separate bathroom.

Other features include:

Air Conditioning

Tropical surrounds

Licensed bar

BBQ facilities

Lagoon style pool

* Body Corporate approx $119 per week and the net return of 5% per year

The owner is ready to sell this wonderful property so call now to arrange an inspection.


If you would like to take a new, different, 3D VR Walk Thru of this outstanding property at your own pace click on the Video link you can spend all the time you want.