SOLD
RECENT ADVICE
Sold on 04 Jul 2024 for $1,680,000

534 Gold Coast Highway
Tugun QLD 4224

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 222m2
Land area: 911m2
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Property Details for 534 Gold Coast Hwy, Tugun

534 Gold Coast Hwy, Tugun is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1995. The property has a land size of 911m2 and floor size of 222m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Tugun in the last 12 months.

Building Type
House
Year Built
1995
Floor Size
222m2
Land Size
911m2
Local Government
Gold Coast City
Lot/Plan
2/RP125832

Last Listing description (July 2024)

If you are looking for a beachside 4-bedroom family home that is only minutes' walk to the beach, shops, restaurants and Surf Clubs without the huge price, this is a must to inspect.

The home was built in the year 2000 and is perched on an elevated North Easterly aspect block in the very desirable northern beachside part of Tugun.

The design of the home includes a very modern spacious layout with 3 separate large living spaces and four large bedrooms, the master bedroom with a large ensuite including a spa bath.

The lower level includes an easterly facing more formal lounge with an adjoining distinct dining room. Towards the rear of the home, you will find an expansive casual living room with a breakfast nook, which opens out to two undercover entertaining area's and large paved courtyard surrounded by gardens. A perfect area for entertaining family and friends.

The open plan spacious kitchen has a servery to the outside entertaining area, adjoins the casual living area and is perfectly positioned next to the dining room.

The lower level also includes a large laundry and sewing room, a bathroom, large double lockup garage, storage room, foyer and a hallway.

The four large bedrooms are all situated upstairs, with the master bedroom being particularly impressive with views north towards Currumbin Hill and Currumbin Wildlife Sanctuary. Upstairs you will also find another living space which opens out onto its own balcony and another large family bathroom which includes a bath.

The expansive driveway area provides plenty of room for the secure storage of numerous vehicles, caravans, boats and trailers. There is even more room available due to the extensive gardens in the front area of the oversized 911m2 property.

Then there is the BONUS, as this property includes two separate subdivided lots. The Main lot that includes the home is 607m2 and then there is the neighbouring 304m2 corner lot, both of which are zoned Medium Density RD3. So this property also has a potential immediate upside for redevelopment, particularly given its location adjoining the proposed future light rail.

This is truly a unique property which will provide its owners with that dreamed of Southern Gold Coast beachside lifestyle. It is only 3 minutes' walk through beautiful parklands to our famous surf beaches, Currumbin and Tugun Surf Clubs and Tugun Village. Then there are the endless future possibilities this unique property holds for the astute investor.

Properties of this calibre in this price range are as rare as hen's teeth, we expect this to be sold quickly, so do not delay your inspection.

FEATURES:
- 4 Spacious Bedrooms
- 3 Bathrooms
- Huge Kitchen with Electric Stovetop and Oven
- Huge Laundry/Sewing Room with Laundry Chute
- 3 Separate Living Areas
- Approx 250m short walk to Flat Rock Beach, Tugun Village, Cafes and Restaurants
- Total Land 911m2 two separate Lots consisting of Lot 1, 304m2 and Lot 2 607m2
- Medium Density RD3 Zoning
Rates $1350.53 Half Yearly
Rental Appraisal $$1,150 to $1,350 per week. (Independant Appraisal)
Video to Come

Property History for 534 Gold Coast Hwy, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$1,680,000
04 Jul 2024
  • 04 Jul 2024
    Sold for $1,680,000
  • 27 Jun 2024
    Listed for Sale Offers Over $1,700,000
  • 01 Dec 1979
    Sold for $47,000

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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 3,826 properties. Over the last 5 years, Houses in Tugun have seen a 93.99% increase in median value, while Units have seen a 95.22% increase. As at 31 July 2024:

  • The median value for Houses in Tugun is $1,383,306 while the median value for Units is $1,002,990.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 25 properties listed for sale, and 8 properties listed for rent in Tugun on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Tugun.

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Madonna Delaney Real Estate
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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.