5/16 Coyne St, Coolangatta, QLD, 4225 - Unit Sold on 04 04 2025

SoldApr 4, 2025

5/16 Coyne St, Coolangatta, QLD, 4225

$790,000

1012 m²

Unit

•

30+ days on the market

Sold: Apr 4, 2025

What's around 5/16 Coyne St

SOLD BY DAVID STRINGER, DJ STRINGER PROPERTY SERVICES

Immerse yourself into an idyllic beachy lifestyle from this sizable (2) bedroom unit, just one of (8) only and anchored on a prime 1012m2 allotment which is cherry ripe for future high rise re-development. Your front facing abode is positioned on the first level of a (3) storey walk up and as such, commands a small ocean view corridor. KEY FEATURES: - Spacious tiled living - Well-appointed kitchen - Two good size bedrooms w/ built in robes - Main bathroom w/ combined laundry & separate WC - Private balcony - Off street parking DETAILS: Body Corporate - $77.92 per week Rates - $1,791.97 per half year Water Rates - $415.53 per quarter year Market Rent - in the vicinity of $575-$595 per week (good caring tenant currently on lease 25/04/2025 at $490 per week) Land size 1012m2 (8 Lots) Zoned Medium Density Residential / suit boutique apartments up to 10 levels STCA LOCATION: You will relish being within a mere 150m to the beach and a short walk to devour a smorgasbord of cool café's & fine dining at moment's notice. Major shopping can be found just around the Point at Coolangatta. For board riders, you can be in the line up within minutes at world class breaks such as Kirra Point, Snapper & D-bah, which are all close by. The Gold Coast International Airport & Southern Cross Uni are close enough you can walk or less than $10 in an Uber. AGENTS COMMENTS: Unarguably the best unit within the (8 unit) complex that offers additional natural light, front & rear access and even an ocean corridor. If you are embarking on your first real estate journey or perhaps looking to invest in an area that is exploding with development, then you seriously must consider this outstanding purchasing opportunity. Disclaimer: All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.