For Sale

28 Coral Drive, Blacks Beach, QLD, 4740

Offers Over $899,000

4
2
2
737 m²

House

What's around 28 Coral Drive

Where Coastal Living Meets Proven Income

Just 200 metres from the shoreline, this fully furnished four-bedroom home offers an established short-stay income stream with the flexibility to enjoy it yourself. Positioned in the tightly held Coral enclave of Blacks Beach, 28 Coral Drive presents an exciting opportunity to secure a coastal property that is already operating successfully as a short-term accommodation property. Single-level and designed with families and groups in mind, the four-bedroom home offers comfortable living spaces, two bathrooms and a practical layout complemented by quality furnishings. With beach access just 90 metres away, the location is a key part of its appeal, while schools, shopping, parks and the wider Northern Beaches lifestyle are all within easy reach. Property highlights: • Established short-term accommodation property • $92,000k gross income for FY2025/26 • 73% annual occupancy • $300 average nightly rate • Four bedrooms and two bathrooms • Fully furnished and ready to continue • Single-level, family-friendly layout • Just 90m to direct beach access • Quiet, private coastal setting • Strong appeal for both holidaymakers and longer-term occupants With the existing holiday rental model already established and the property offered fully furnished, the groundwork is in place for the next owner to continue the current strategy, use it as a personal coastal escape, or explore a combination of lifestyle and income. Financial Performance: Income: Approx $92k p.a. Average nightly rate: Approx $300 Occupancy Rate: 73% Rates: Approx. $5200 p.a. Water: Approx. $400 p.a. Disclaimer: We have used our best endeavours to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify all information.

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