OFF MARKET

1 Short Street
Tugun QLD 4224

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 476m2
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Property Details for 1 Short St, Tugun

1 Short St, Tugun is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 476m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Land Size
476m2
Local Government
Gold Coast City
Lot/Plan
13/C33157

Last Listing description (January 2019)

Occupying a premier beachfront location overlooking the ocean and scenic shoreline, this prestigious canvas is ripe for redevelopment. Currently comprising of an original quirky beach house over two levels, the prime corner position provides an expansive 20m wide beach frontage with only one adjoining beachfront neighbour and captures enchanting sea views framed by tropical pandanus palms.
Offering upside to capitalise with a plethora of options available for you to explore. Retain and enjoy the existing beach house or ignite your creative genius and capitalise on the 476*m land holding with an iconic prestige home, duplex pair or luxurious boutique apartments.
- Must be sold, great buying opportunity on offer

- Amazing beachfront location, tightly held and rarely available
- Desirable corner block 476*m , superior 20m wide frontage
- Adjoining coastal reserve in quiet cul-de-sac location
- Central to Tugun Village and Kirra cafe precinct
- Ideal as luxury boutique beachfront apartments
- Prime opportunity for prestige home on the sand
- Close to major infrastructure and many local attractions
- Erosion free and protected by foreshore nature strip
- Superb north / east ocean aspect, walk to patrolled beach
- GCCC Rates, $3,595.95* (1 July - 31 December 2018)
- Permanent Rental Market Opinion, $700 - $750* per week
Redevelopment under the current town plan is classed under Medium density residential, Zoned RD6 - 1 bed per 33m2 net site area with the building height up to 23 metres. To satisfy your due diligence, we recommend calling Town Planning at Gold Coast City Council on 07 5582 8211 or consult a local town planner.
The property is scheduled to go to auction on Sunday 18 November 2018, On-site at 9:30am.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 1 Short St, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$2,950,000
18 Nov 2018
  • 18 Nov 2018
    Sold for $2,950,000
  • 30 Aug 2018
    Listed for Sale Not Disclosed

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About Tugun 4224

The size of Tugun is approximately 3 square kilometres. It has 15 parks covering nearly 20.5% of total area. The population of Tugun in 2011 was 5,975 people. By 2016 the population was 6,594 showing a population growth of 10.4% in the area during that time. The predominant age group in Tugun is 50-59 years. Households in Tugun are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tugun work in a professional occupation. In 2011, 58.9% of the homes in Tugun were owner-occupied compared with 62.5% in 2016.

Tugun has 3,808 properties. Over the last 5 years, Houses in Tugun have seen a 91.86% increase in median value, while Units have seen a 104.45% increase. As at 30 September 2024:

  • The median value for Houses in Tugun is $1,423,012 while the median value for Units is $1,002,274.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Tugun on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Tugun.

Suburb Insights for Tugun 4224

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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.