OFF MARKET

4/20 Farrell Drive
Tugun QLD 4224

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 166m2
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Property Details for 4/20 Farrell Dr, Tugun

4/20 Farrell Dr, Tugun is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 166m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1974
Floor Size
73m2
Land Size
166m2
Local Government
Gold Coast City
Lot/Plan
4/BUP1310

Last Listing description (August 2021)

The Currumbin/Tugun Pocket is one of the most desirable areas on the Southern Beaches. Only a short stroll to the Cornerstone shops, the Currumbin Sanctuary, Currumbin Beach, parklands, lakeside BBQ areas and Tugun Village. This area is where the bush meets the beach. Its natural surroundings really set this area apart from any other beachside area on the Gold Coast.

This is top floor two bedroom unit with a single bathroom and a separate lockup garage. It is in a complex of only 4 units on a 521m2 lot.


You walk up your own private stairs, where you will find that the unit has a stylish security gate before you enter onto your private balcony.

When you first enter the beautiful timber floors and the spacious living/dining area grabs your attention. This all opens out onto a large balcony with expansive views. The timber floors are throughout with carpet only in the bedrooms.

Then you notice the large modern kitchen, which is perfect for those that love to cook and entertain.

The bedrooms and the bathroom are towards the back of the unit with the master bedroom also having its own balcony which again has expansive views.

Being in a complex of only 4 units, the body corporate levies are low and you know that the value of your property is strongly underpinned with a large land value component.

If you are looking for a lifestyle property in this very unique and in demand area you should inspect this property. Properties in this area, that aren't situated in a holiday letting complex, rarely come on the market.



FEATURES:

- 2 X BEDROOMS
- 1 X BATHROOM
- BOSCH STAINLESS ELECTRIC OVEN & STOVE TOP
- TIMBER FLOORING THROUGHOUT
- CARPET IN BEDROOMS
- FAN IN LIVING AREA
- LARGE REMOTE SINGLE GARAGE WITH LAUNDRY AREA
- SMALL COMPLEX OF FOUR
- SECURITY
- WITHIN WALKING DISTANCE TO THE BEACH APPROX 500M
- RATES: Approx $32 a week
- WATER: Approx $20 a week
- LOW BODY CORP: Approx $40 per week
- RENTAL APPRAISAL: $490-$530 per week

Close to the John Flynn Hospital, Palm Beach and Coolangatta CBDs, Gold Coast Airport, the M1 and Public Transport and Schools.

Property History for 4/20 Farrell Dr, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$555,000
07 Apr 2021
Listed for Rent
$320/w
07 Feb 2014
  • 07 Apr 2021
    Sold for $555,000
  • 31 Mar 2021
    Listed for Sale Offers Over $499,000
  • 22 Aug 2018
    Listed for Rent $390 / week
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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.