Positioned in one of the Southern Gold Coast's most sought-after coastal pockets, 12 Marion Street presents an extraordinary opportunity for investors, developers, and ambitious homeowners alike. Occupying a prominent 562 sqm corner block right in the heart of Tugun, this property combines prime location, functional versatility, and strong immediate returns.
Currently tenanted at $930 (Last rental increase: 19/09/2025) per week you can sit back and secure a reliable income stream from day one, while developers and renovators plan their next move.
Property Highlights:
• Prime 562 sqm Corner Allotment: Excellent street presence and dual-access potential, making it ideal for future re-development or a bespoke luxury coastal transformation
• Versatile Dual Living Layout: Cleverly split across two distinct levels - featuring a total of 3 spacious bedrooms, a multi-purpose room, 2 bathrooms, 2 full kitchens and 2-car accommodation. Perfect for multi-generational families, dual-rental income, or home business setups.
• Energy Efficient: Equipped with a solar hot water system to keep utility costs down.
• Massive Outdoor Space: Generous yard area with ample room for kids, pets, or outdoor entertaining spaces.
• Immediate Income: Secure tenancy in place paying $930/week through to October 2026.
• Unbeatable Lifestyle Location: Stroll to Tugun's vibrant cafe scene, local shops, surf club, and pristine beaches. Minutes from Southern Cross University, Gold Coast Airport, and easy M1 access.
Location
• Tugun Village & Dining Precinct: ~600m | 7-min walk / 1-min drive (boutique cafes, restaurants, organic markets, and retail)
• Tugun Beach & Oceanway Footpath: ~850m | 10-min walk / 2-min drive
• Tugun Surf Life Saving Club: ~900m | 11-min walk / 2-min drive
• John Flynn Private Hospital: ~1.8km | 4-min drive
• Currumbin Alley & Wildlife Sanctuary: ~2.2km | 4-min drive
• Palm Beach-Currumbin (PBC) State High School: ~2.6km | 4-min drive
• Gold Coast Airport & Southern Cross University: ~3.5km | 5-min drive
• Coolangatta / Kirra Dining & Beach Precinct: ~4.5km | 7-min drive
• The Pines Shopping Centre (Elanora): ~5.5km | 8-min drive
• M1 Motorway On-Ramp: ~1.2km | 2-min drive (easy access North to Brisbane or South to Byron Bay)
Whether you're looking to land-bank with guaranteed return, redevelop a high-profile corner block, or craft your dream coastal residence, properties with this level of land size, income, and location rarely come to market.
Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
