OFF MARKET

23/12 Coolgardie Street
Elanora QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 1326m2
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Last updated 14 Oct 2024
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Property Details for 23/12 Coolgardie St, Elanora

23/12 Coolgardie St, Elanora is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 1326m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2013.

Building Type
Unit
Year Built
1990
Floor Size
70m2
Land Size
1326m2
Local Government
Gold Coast City
Lot/Plan
23/BUP10010

Last Listing description (May 2016)

We have just listed these dual key units, well positioned in the heart of Elanora located in the Bay of Palms resort style complex.
The Bay of Palms is situated on waterfront land and is directly next door to the Pines Shopping Centre. Only minutes to the beach, doctors, Coles, Woolworths, Aldi, butchers, bakeries and transport. The dwelling is positioned on a corner block.
2 x 1 bedrooms and 1 bathroom, open plan living with a huge wrap around balcony. These units offer the opportunity for the future owner occupier, investor or first home buyers.

* 2 x 1 bedroom units
* 2 x bathrooms
* Open plan living
The property is well positioned in the heart of Elanora, sensational investment opportunity for the investor or owner in the future.
Bay of Palms Resort facilities include;
* Outdoor Swimming Pool, Spa & Jacuzzi
* Bar
* BBQ area
* Games room
* Tour desk
* Vending machines
* Wi-Fi access
* Business facilities
* Unit 23, a one bedroom unit is currently let on a 1 year lease at $570 a fortnight, with no management fees.
* This annual rent of $14,820 easily covers all the overhead costs:
* Leaving approx $4,000 net profit.
* Then unit 23A, which is in the holiday pool, returns around $7,000 a year net of all fees.
* Body Corporate approx $6,120pa. Water Rates approx $1,440pa. Council rates approx $1,630pa. Electricity approx $1,600pa
Imagine an investment covering itself, and you being able to come and use the holiday let unit as a holiday unit, with no outlay.
Only minutes to some of the best and cleanest beaches in Queensland, local shops, restaurants, schools, M1, Gold Coast International Airport, Palm Beach and Burleigh Heads CBD.
Contact Mark Jensen today to make an appointment today.

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Property History for 23/12 Coolgardie St, Elanora, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$165,000
29 Apr 2013
  • 24 Mar 2016
    Listed for Sale Offers over $229,000
  • 12 Mar 2015
    Listed for Sale Offers over $199,000
  • 24 Apr 2014
    Listed for Sale $209,000
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About Elanora 4221

The size of Elanora is approximately 8.9 square kilometres. It has 25 parks covering nearly 16% of total area. The population of Elanora in 2011 was 11,645 people. By 2016 the population was 12,161 showing a population growth of 4.4% in the area during that time. The predominant age group in Elanora is 40-49 years. Households in Elanora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Elanora work in a professional occupation. In 2011, 77% of the homes in Elanora were owner-occupied compared with 78.2% in 2016.

Elanora has 4,977 properties. Over the last 5 years, Houses in Elanora have seen a 86.86% increase in median value, while Units have seen a 102.39% increase. As at 30 September 2024:

  • The median value for Houses in Elanora is $1,346,063 while the median value for Units is $777,632.
  • Houses have a median rent of $920 while Units have a median rent of $750.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Elanora on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Elanora.

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