9/5609 Island St, South Stradbroke is a 1 bedroom, 1 bathroom Townhouse and was built in 1998. The property has a land size of 650m2.
PROPERTY ID: 87804 (quote when calling)
One bedroom cabin with seperate laundry and bathroom off the back of the open plan main living area. Good sized veranda, fully fly screened for outdoor living. This cabin is located in the Couran Cove Resort on south Stradbroke Island with the owner and guests able to access all amenities offered by the resort which include pools, tennis courts, bars, restaurants, Marina, extensive sealed and unsealed walking tracks, water and land based tours and activities. The beautiful uncrowded surf beach on one side of the island and the Gold Coast Broadwater on the other side. Access to the cabin is by the resort ferry service that departs from Main Beach several times daily. Body Corporate fees are approximately $150 per week which is easily covered from holiday rentals. Currently listed as a holiday rental earning $7500 per year on average from just 2 months rental through the holiday seasons with potential to increase income. The resort is family focused and is a great destination for families and would also be great for boaties, fishermen, surfers or anyone wanting an escape from the big city life while only being a 30 minute boat ride away from the rest of the Gold Coast. Some of the most affordable realestate on the Gold Coast market today. The price is firm, no offers will be considered.
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 517 properties. Over the last 5 years, Houses in South Stradbroke have seen a 118.33% increase in median value, while Units have seen a -17.40% decrease. As at 31 October 2024:
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