OFF MARKET

4/12 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 4/12 Coolgardie St, Elanora

4/12 Coolgardie St, Elanora is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1975. 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 October 2018.

Building Type
Unit
Year Built
1975
Floor Size
70m2
Land Size
1326m2
Local Government
Gold Coast City
Lot/Plan
4/BUP10010

Last Listing description (June 2018)


Finally, an affordable superbly renovated unit that is a great place to live, or for the investor provides a great return of approximately 5% net return per annum.
Being a dual key unit you can simply lock the internal doorway and rent out as two single units or you could live in one half and obtain income from the other. Another alternative is to use the two as one. The choice is yours.


The units have been completely renovated with new kitchens, new bathrooms, paint and tiles. A kitchenette has been added to the studio side in order to maximise the rental return.

The complex offers direct access to the benefits of Pine Lake and is in a great location being next door to the Pines Shopping Centre and only a short walk to the surf at Palm Beach, the Currumbin Estuary, Schools, Clubs, transport and sporting facilities.

The property consist of

Unit 4: 1 bedroom, 1 bathroom, kitchen and spacious living area.
Unit 4A: Studio type unit with sleeping, living and kitchenette combined and a separate bathroom.
Both units are fitted with air conditioner and are being sold fully furnished.

There is a very good On Site Management and the complex is complete with pool with tropical surrounds, BBQ area, games room and bar.
Units 3 & 3A are also available. They are very similar but because they are slightly bigger and front directly onto the lake, they are priced at Interest over $270,000.
The owner is keen to sell this wonderful property, so call now to arrange an inspection

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Property History for 4/12 Coolgardie St, Elanora, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$305,000
18 Oct 2018
Listed for Rent
$280/w
12 Aug 2011
  • 18 Oct 2018
    Sold for $305,000
  • 29 Apr 2017
    Sold for $260,000
  • 24 Apr 2017
    Listed for Sale Interest over $247,000
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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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