Back 5/6 Ward St
Off Market

5/6 Ward St

Coolangatta QLD 4225

2
2
1
Unit
Last sold for $612,000
Lenny McLennanLenny McLennan, last sold this property on 06 August 2019 after 97 days on market.

Overview

RARE RAINBOW BAY RENOVATOR UP FOR GRABS!

It's time for you to enjoy beautiful Rainbow Bay and the lifestyle that only few are able to acquire. World famous beaches and popular holiday destination, stunning sunsets and cooling ocean breezes could be yours to enjoy. STAND OUT FEATURES: - Prime Rainbow Bay location directly opposite Rainbow Village - Fully covered balcony that is perfect for all year round entertaining. - Two good sized bedrooms with Built in robes - Original bathroom and ensuite - Generous living area - Balcony taking in ocean glimpses - Single carport with the added bonus of a storage cupboard - Solid brick building consisting of only 9 units - Low maintenance block with no lift or pool - Front & rear access to the apartment WHERE TO FROM HERE: - 1 minute walk to Rainbow Bay coffee shops and convenience store - 2 minute walk to the world famous Rainbow Bay Beach and Snapper Rocks - 7 minute walk to Twin Towns Services Club -10 minute drive to Gold Coast International Airport - 9 minute walk to the world famous Duranbah Beach - 13 minute walk to Tweed Mall Shopping Center THE FINER DETAILS - Body Corporate - $47.06 per week - Sinking Fund Balance - $39,472 as at 31/8/18 - Water $1,300 PA - Rates $1,542 PA FOR THE MONEY MAKERS Holiday Rental Projections Low Season - $490.00 Holiday/Events - $880.00 Christmas - $1,110.00 Permanent Rental Return- $530.00-$580.00 If you're looking for a fantastic lifestyle at a sensible price, don't delay, call today!

Features

2 bedrooms
2 bathrooms
1 carspace
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Coolangatta over the last 12 months, the estimated median property value of 5/6 Ward St is $1.25m.

Median value
$1.25m
Estimated value range
$750k - $2.5m
Median days on market
41
Estimated value trend
17%
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 5/6 Ward St

2024
Rented
Undisclosed
Leased on 27 Feb 2024 by RBR Property Consultants
2019
Sold
$612,000
Private Sale/Treaty on 06 Aug 2019 by Lenny McLennan, of RBR Property Consultants

Happy sellers in Coolangatta

81%
81% 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 64 reviews in Coolangatta over the last 12 months.

Local market activity for 2 bedroom units in Coolangatta

In the last 12 months, 85 two-bedroom units similar to 5/6 Ward St, have been sold.

This represents a 9% decrease in two-bedroom units sales when compared to the previous 12 months.

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