Back 8/12 Coolgardie Street
Off Market

8/12 Coolgardie Street

Elanora QLD 4221

2
2
1
Unit
Gavin TrewinGavin Trewin, last sold this property on 04 October 2019 after 39 days on market.

Overview

SOLD BY CHRIS POLE & GAVIN TREWIN

There are some clear financial benefits to investing in dual income properties and it continues to be a popular investment strategy for Australian investors. Dual income properties offer the flexibility to homeowners who choose to reside in one property while utilising the rent received from the other to assist with mortgage payments. Owners have the ability to create two income streams by way of two living spaces under separate permanent rental or short term holiday agreement. This property offers high rental yields to attract smart investors looking for strong cash flow. For investors or home owners seeking finance this looks great from a lenders perspective. A kitchenette has been added to the studio side to maximise the net rental return of approximately 5%. Unit 8: Separate bedroom, one bathroom, Modern kitchen and spacious living area. Unit 8A: Studio unit with sleeping and living area combined, modern kitchenette, and separate bathroom. Other features include: * Fully furnished * Security screens * Air Conditioning in both 8 and 8A * Stunning water views just a short stroll away from each unit * Tropical surroundings with lush gardens * Licensed bar * BBQ facilities * Lagoon style pool * Spa * Games Room * Ample visitor parking Being located in the beautiful Bay of Palms complex allows direct water access to the Pines Lake. Located just a short walk to the upgraded and expanded Pines Shopping Centre featuring major supermarkets, banking facilities, medical, news agency, post office and many other specialty shops. The popular Currumbin Estuary and the RSL Club, are all within walking range as well as being only 1.5km to popular local Currumbin and Palm Beach swimming holes, parks and award winning Gold Coast Beaches. There is also an excellent on site Management team that keep the complex excellently and professionally maintained. This unit configuration provides a relaxing lifestyle along with the option of income, choose what suits you best. Call now to arrange your private viewing. Open for Inspection By Appointment

Features

2 bedrooms
2 bathrooms
1 carspace
Unit

Estimated Value

We need at least 3 similar 2 bedroom units sold in Elanora over the last 12 months.

Property history for 8/12 Coolgardie Street

2019
Sold
Undisclosed
Private Sale/Treaty on 04 Oct 2019 by Gavin Trewin, of Image Property Gold Coast
2015
Sold
$188,100
Auction Sale on 09 May 2015

Happy sellers in Elanora

92%
92% of sellers in Elanora reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 52 reviews in Elanora over the last 12 months.

Local market activity for 2 bedroom units in Elanora

In the last 12 months, 1 two-bedroom unit similar to 8/12 Coolgardie Street, have been sold.

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