OFF MARKET

22 O'Connor Street
Tugun QLD 4224

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 75m2
Land area: 455m2
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Last updated 16 Dec 2024
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Property Details for 22 O'Connor St, Tugun

22 O'Connor St, Tugun is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 455m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1960
Floor Size
75m2
Land Size
455m2
Local Government
Gold Coast City
Lot/Plan
23/RP49999

Last Listing description (May 2021)

You will never find a Gold Coast Beachfront property at this price ever again. Situated adjacent to the Tugun Surf Club and with stunning views over the beach and ocean to Kirra and Coolangatta you will find this rarely available Tugun beachfront property.

Currently a substantial two level building with two individual units, one on each floor, this property is perfect for someone wanting to foothold on a beachfront site. It is a perfect site to build that dream home or holiday house on the beach. It could even be developed into an upmarket boutique unit development.

With vehicle access from both the front and back to this block, it could allow you to build something really unique, and without your vehicle access taking up those valuable beachfront square metres.

Of course, with a little TLC the existing building could be renovated into that dream beachfront home or you may even want to keep the two separate units for dual use of the property. It is a substantial brick structure, currently with a large rear backyard.

As a matter of right and with the property situated in the medium density zone, it could be developed into a 3 storey trophy home or boutique apartment building with up to 9 bedrooms and with a maximum height of 15 metres.

Using the rear access, it is less than 100 metres to all of the trendy restaurants, cafes, shops and services found in the ever popular Tugun Village.

This property really gives you the opportunity to live that Southern Beaches lifestyle of being on the beach and everything you will ever really need only a short stroll from your door. This is one of those classic beachfront stand alone lifestyle properties that is rarely available these days on the Gold Coast.

Rates: $200 weekly

Property History for 22 O'Connor St, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$3,100,000
07 May 2021
  • 07 May 2021
    Sold for $3,100,000
  • 12 Mar 2021
    Listed for Sale Offers Over $3,000,000

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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 3,813 properties. Over the last 5 years, Houses in Tugun have seen a 90.63% increase in median value, while Units have seen a 113.89% increase. As at 30 November 2024:

  • The median value for Houses in Tugun is $1,432,695 while the median value for Units is $1,087,210.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Tugun on OnTheHouse. According to CoreLogic's data, 169 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.