OFF MARKET

1408 Island Street
South Stradbroke QLD 4216

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 1865m2
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Last updated 2 Sep 2024
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Property Details for 1408 Island St, South Stradbroke

1408 Island St, South Stradbroke is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 1865m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Unit
Year Built
1997
Floor Size
53m2
Land Size
1865m2
Local Government
Gold Coast City
Lot/Plan
34/BUP106825

Last Listing description (August 2018)

Everyone is looking for a great investment property that you can boast about to friends and family. How these studio apartments are available at this price is just crazy! Don't miss out on the Gold Coast bargain of the century buying a North-East facing apartment overlooking that incredible water view.
These can be used for owner occupiers or for investment renting out permanently or holiday let. Don't take my word for it - you run the numbers on these apartments:
Permanent rental = $250-$260 per week

Holiday lease rates: $139 per night and up to $1,100 for 7 nights.
Now you'll be asking - what's the catch? Body corporate must be ridiculous and my answer to you:
Approximately $120 per week (including a 20% discount for on-time payment) is not only your body corporate but also all utilities (gas stove, electricity and water) and building insurance.
Now I've really got you thinking haven't I?!
You might not be able to buy a whole island for yourself but this is the next best thing - get full access to all the facilities within Couran Cove Resort PLUS complimentary marina berth for vessels up to 10m.
RESORT FACILITIES
- Tennis Courts
- Bikes for hire (The sale of this property will include 2 mountain bikes)
- Children's play areas
- General store
- Restaurants and cafes
- Swimming Pools
- Kayaks and watersports
- Sporting facilities
- Day Spa
- Outdoor Chapel
Now it's up to you - just picture yourself spending days relaxing on your private deck overlooking the lagoon. Walking or biking would be the preferred mode of transport to a number of beaches where on many occasions you find yourself alone in one of the most beautiful parts of the world. The aptly named 'Sunset Beach' is a place where all you will want to do is relax and enjoy precisely that.
Give me a call today or send a message - I look forward to celebrating your bargain buy with an ice cold champagne on your deck.

Property History for 1408 Island St, South Stradbroke, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$109,000
08 Jun 2018
Listed for Rent
$675/w
28 Sep 2017
  • 08 Jun 2018
    Sold for $109,000
  • 15 Sep 2017
    Listed for Sale UNDER CONTRACT
  • 20 Jul 2016
    Listed for Rent - Price not available
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About South Stradbroke 4216

The size of South Stradbroke is approximately 21.9 square kilometres. It has 2 parks covering nearly 74.8% of total area. The population of South Stradbroke in 2011 was 100 people. By 2016 the population was 25 showing a population decline of 75.0% in the area during that time. The predominant age group in South Stradbroke is 50-59 years. Households in South Stradbroke are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Stradbroke work in a managers occupation. In 2011, 78.7% of the homes in South Stradbroke were owner-occupied compared with 72.8% in 2016.

South Stradbroke has 515 properties. Over the last 5 years, Houses in South Stradbroke have seen a 90.63% increase in median value, while Units have seen a -30.67% decrease. As at 31 July 2024:

  • The median value for Houses in South Stradbroke is $1,401,428 while the median value for Units is $590,519.
There are currently 21 properties listed for sale, and 1 property listed for rent in South stradbroke on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in South stradbroke.

Suburb Insights for South Stradbroke 4216

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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.