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Back 12/40 Rutledge Street
Off Market

12/40 Rutledge Street

Coolangatta QLD 4225

1
1
1
67 m²
Apartment
Last sold for $833,000
Paul KearneyPaul Kearney, last sold this property on 10 December 2025 after 29 days on market.

Overview

Entry-Level Coastal Gem - 1 Bedroom Apartment in Prime Location

Offering an incredible opportunity to secure an affordable slice of Coolangatta's sought-after beachside lifestyle, this well-presented one-bedroom apartment is ideal for first home buyers, downsizers, or savvy investors looking to add value through light renovations. Perfectly positioned to deliver the ultimate in convenience and coastal lifestyle, this property is just a short stroll to Coolangatta and Kirra beaches, vibrant dining precincts, boutique shopping and public transport. Combining lifestyle appeal with strong rental demand and consistently low vacancy rates, it presents an exceptional opportunity for investors, first home buyers or those seeking a low-maintenance, future-proof downsizing option. Property Features: - Spacious bedroom with built-in wardrobe and direct access to a two-way bathroom and combined laundry. - Open-plan living and dining area featuring large windows that invite an abundance of natural light and coastal breezes. - Functional kitchen in neat, original condition with plenty of scope for modern updates and personal styling. - Combination of laminate and carpet flooring offering comfort and practicality throughout the living spaces. - Secure designated car space — a valuable asset in this tightly held Coolangatta pocket. - Boutique complex in a quiet street, surrounded by a well-maintained community and just moments from Coolangatta's vibrant beachfront, cafes and shops. Building Information - Building Name: Sunrise Sea – The Penthouses - Number of Lots/Units: 12 - Year Built: 1998 - Currently leased until 22/12/2025 Outgoings: Body Corporate: $54 per week Rental Appraisal: $650 approx Council Rates: $1,366 per 6 months approx Water Rates: $288 Location Highlights - Prime coastal position - enjoy the best of Coolangatta's relaxed beach lifestyle just minutes from your doorstep. - Short stroll to Coolangatta and Kirra Beaches - swim, surf or walk along the iconic coastal pathways. - Vibrant dining and café scene - moments to popular local eateries, bars and coffee spots along Marine Parade and Griffith Street. - Convenient shopping - close to The Strand at Coolangatta, boutique stores, and daily essentials. - Excellent transport connections - easy access to public transport, the Gold Coast Highway, and Gold Coast Airport (approx. 5-minute drive) To arrange an inspection or for any further information please contact John Andrew 0401 343 727 or Paul Kearney 0418 983 538 of Base Property Group. 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.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
67 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Coolangatta over the last 12 months, the estimated median property value of 12/40 Rutledge Street is $866k.

Median value
$866k
Estimated value range
$686k - $1.11m
Median days on market
38
Estimated value trend
27%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Coolangatta. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12/40 Rutledge Street

2025
Sold
$833,000
10 Dec 2025 by Paul Kearney, of Base Property Group
2021
Rented
Undisclosed
Leased on 08 Nov 2021 by DJ Stringer Property Services

Happy sellers in Coolangatta

83%
83% of sellers in Coolangatta reported that their sale price either exceeded or met their price expectations.

Coolangatta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 80 reviews in Coolangatta over the last 12 months.

Local market activity for 1 bedroom apartments in Coolangatta

In the last 12 months, 14 one-bedroom apartments similar to 12/40 Rutledge Street, have been sold.

This represents a 87% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Wayne Bisgrove

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Sophie Carter

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Jacqueline Chapman

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David Stringer

Sellers who recommend David Stringer have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and well-prepared

  •   4.9   (423 reviews)
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