4/12 Coolgardie Street, Elanora, QLD, 4221

SoldNov 13, 2025

4/12 Coolgardie Street, Elanora, QLD, 4221

$660,000

80 m²

Unit

•

20 days on the market

Sold: Nov 13, 2025

What's around 4/12 Coolgardie Street

SOLD: SAM WATSON | TEAM GAVIN TREWIN COASTAL

Perfectly positioned within the popular Bay of Palms Resort, this unique dual-key property offers an exceptional investment opportunity or versatile lifestyle setup. Comprising two fully self-contained studio-style units connected by an internal door, Unit 4 & 4A provides flexibility for owner-occupiers, long-term investors, or those seeking a balance between consistent rental income and holiday letting potential. Unit 4 Currently leased at $440 per week with a tenant in place until January, this modern studio includes a kitchenette, air conditioning, and direct access to the resort's amenities. A reliable return and minimal maintenance make it an easy, secure investment. Unit 4A Operating as a high-performing holiday rental, this studio offers strong returns with an average occupancy rate of 74.9% (October). Generating $180 per night on weekdays and $227 per night on weekends (with January rates averaging $340 per night), it presents a consistent source of short-term income. Featuring a kitchenette and private balcony overlooking the tranquil Pine Lake, it delivers the perfect Gold Coast getaway experience. *Rates and pricing provided by the on-site management. Property Features: • Dual-key layout with interconnecting door for flexible use • Two kitchenettes, ideal for independent living or guest stays • Low-maintenance investment with dual income streams • Body Corporate: $161.10 approx per week which includes Building Insurance • On-Site Manager who looks after check in and out for holiday letting • Prime location backing onto Pine Lake • Walking distance to The Pines Shopping Centre, cafés, restaurants, and public transport • Access to resort-style facilities including a swimming pool, BBQ areas, and on-site management Whether you're seeking a high-yield investment or a lock-and-leave holiday base with income potential, this rare dual-key opportunity combines lifestyle and profitability in one of Elanora's most convenient and scenic locations. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.