Whether you're seeking your first home near the beach or adding to your investment portfolio, this Coolamon Apartments unit delivers the versatility and future potential that savvy buyers actively seek. Currently in original condition, this one-bedroom apartment with pool views offers outstanding renovation opportunities. Perfectly positioned just steps from the G-Link light rail, this unit sits in an area undergoing dynamic change, with high-end new developments continually elevating the precinct.
Delivering an exceptional opportunity for both owner-occupiers and investors alike, the golden sands of Surfers Paradise and Broadbeach beaches are just a short walk from your door, with a thriving cafe, restaurant, shopping, and nightlife scene all within easy reach. For those who travel further afield, the G-Link light rail delivers connectivity to the wider Gold Coast and Brisbane network.
Arriving home, you'll alight the stairs at level one and be welcomed into the open plan kitchen, living and dining zone that flows seamlessly onto the balcony. Boasting views of the neighbouring pool surrounded by tropical palm trees, this unit delivers a Gold Coast holiday vibe.
The thoughtfully designed floor plan maximises every square metre. The functional kitchen features ample cabinetry with a dishwasher, double sink, and a generous breakfast bar. The living zone has enough space for a dining table and good-sized sofa, with the extended value of the covered balcony for an alfresco dining or chill zone.
The bedroom is also a good size for the scale of the unit, with built-in wardrobes and a continuation of the tropical/pool outlook enjoyed in the living zone offering a comfortable retreat.
Just steps away, the bathroom features a functional layout that offers a solid foundation just waiting for you to bring your renovation vision to life. A European laundry completes the unit, adding practical convenience for residents and guests.
The current tenant has expressed genuine interest in extending their lease, providing you with instant rental income from settlement while you plan your next move. For those with vision, the renovation potential here is substantial, with the original condition providing a blank canvas to add significant value through strategic improvements.
The Coolamon building itself is a 3-storey walk-up with a communal pool area including sun lounges and a BBQ area. Secure parking is located undercover in the basement.
When it comes to location, this unit delivers in spades. While this apartment was built in 1995, Genoa Street itself boasts high end new and near new developments maximising on this location, and transforming the area. Positioned on the cusp of Surfers Paradise and Broadbeach, residents get the best of both worlds. The golden sands of some of the Gold Coast's most sought-after beaches are just a short stroll away. And the vibrant restaurant and entertainment precinct surrounding this area ensures lifestyle options are never lacking, with Surfers Paradise, Broadbeach, Oasis Shopping Centre, the Gold Coast Entertainment Centre and Star Casino all within easy reach.
The G-Link light rail station sits practically at your doorstep, connecting residents effortlessly to the broader Gold Coast and Brisbane networks currently in place, with future plans potentially allowing direct access to the Gold Coast International Airport.
This unit represents your entry point into one of Australia's most dynamic property markets, with the Gold Coast continuing to attract interstate migration, international students, and tourists year-round.
PROPERTY HIGHLIGHTS:
One-bedroom unit on level one with views overlooking neighbouring pool
Original 1995 condition apartment offering renovation potential, in an area undergoing dynamic change with high-end new developments elevating the precinct
Currently tenanted providing immediate rental returns
Spacious bedroom with built-in wardrobes and tropical outlook
Open-plan kitchen, living, and dining zone flowing to covered balcony
Full sized kitchen with breakfast bar, dishwasher, double sink, 4 burner electric cooktop, oven, and ample cupboard space
Original condition bathroom with shower, toilet, and vanity
European style laundry with sink
Tiled floors
Air conditioning and ceiling fans for year-round comfort
Communal swimming pool and BBQ area
Covered car parking space in basement level
LOCATION HIGHLIGHTS:
Steps to G-Link light rail station for seamless Gold Coast connectivity
400m walk to world-renowned Surfers Paradise Beach
Gold Coast Convention & Exhibition Centre - 5mins approx
Cavill Ave, Surfers Paradise - 6mins approx
The Oasis Shopping Centre - 6mins approx
The Star (Casino) - 6mins approx
Pacific Fair - 9mins approx
Gold Coast Airport - 40 mins approx
Brisbane City - 70mins approx
BODY CORP FEES:
Approx $112 per week
With excellent potential for both owner-occupiers and investors, prompt viewings of this property are highly recommended.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
