OFF MARKET

47/527-535 Gold Coast Highway
Tugun QLD 4224

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 84m2
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Last updated 16 Sep 2024
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Property Details for 47/527-535 Gold Coast Hwy, Tugun

47/527-535 Gold Coast Hwy, Tugun is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a land size of 84m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Townhouse
Year Built
1995
Floor Size
97m2
Land Size
84m2
Local Government
Gold Coast City
Lot/Plan
47/BUP102041

Last Listing description (February 2023)

Announcing the return of this tantalising Tugun townhouse to the market after its refreshing make-over, giving it a new personality and making it an entirely new proposition for you.

This 2-bedroom residence with its additional self-contained studio has just had a terrific uplift. Floors, carpets, walls and bathrooms have now been restored to its former glory and is just WAITING for new owners to enjoy all the great benefits.

The property is currently set up as two independent residences, giving you multiple options to enjoy your investment.

Main dwelling: 2 bedrooms, 1 bathroom with garage and laundry area. Vacant. Rent potential $590p/w.

Studio: 1 x Bedsit room with kitchenette, shower and toilet. Currently rented for $290p/w until early March.

1. Rent both dwellings for a combined total of $890 p/w for possibly one of the best income returns the Gold Coast; or
2. Occupy the main dwelling and retain the studio tenant, enjoying a generous $290 weekly income; or
3. Occupy the whole residence for your entire family and/or guests

The secure complex is an easy-breezy walk to the beach and the sparkling pool is there for those quick dips between surfs.

These owners are serious about selling, so get serious about buying and reap the rewards.

Call now for more information or to book your private inspection.

* Body Corporate - $74pw approx.
* Water Rates - $1,640pa approx.
* Council Rates - $2,000pa approx.

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 47/527-535 Gold Coast Hwy, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$655,000
20 Dec 2022
Listed for Rent
$480/w
24 Jun 2019
  • 20 Dec 2022
    Sold for $655,000
  • 18 May 2022
    Listed for Sale Contact Agent
  • 13 Jun 2019
    Listed for Rent - Price not available
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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 3,818 properties. Over the last 5 years, Houses in Tugun have seen a 98.91% increase in median value, while Units have seen a 100.90% increase. As at 31 August 2024:

  • The median value for Houses in Tugun is $1,446,123 while the median value for Units is $1,007,915.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 28 properties listed for sale, and 6 properties listed for rent in Tugun on OnTheHouse. According to CoreLogic's data, 172 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.