SoldMay 23, 2025

10 Cathne Street, Cooee Bay, QLD, 4703

Amount undisclosed

3
2
0 m²
615 m²

House

30+ days on the market

Sold: May 23, 2025

What's around 10 Cathne Street

Turnkey Dual-Living Beach House

Welcome to Cooee Bay Beach House, a unique investment opportunity offering a fully furnished, dual-living holiday rental with proven strong returns. Alternatively, for owner-occupiers, it can be sold without furniture, providing flexibility to make it your own. Situated on a spacious 617m² block, this home offers versatility, privacy, and future potential, with neighboring approvals for second-storey extensions to enhance ocean views. Operating as a successful holiday rental with Superhost status for six years, this property is listed across Airbnb, VRBO, Agoda, and Booking.com, boasting consistent 5-star reviews. With modern renovations completed in 2022 and strong forward bookings for 2025, this is an exceptional opportunity to secure a high-yielding coastal investment or a spacious family retreat by the beach. Key Features: Dual-Living Layout: • Upstairs: 3 bedrooms, full kitchen, bathroom, powder room • Downstairs: 2 Utility rooms used as bedrooms with windows, full kitchen, laundry, bathroom Renovations & Upgrades (2022): • New Colorbond roof, gutters & James Hardie weatherboards • Removal of all asbestos, double insulation wrap • New kitchens (upstairs & downstairs) with modern appliances • New bathrooms, powder rooms, and flooring (polished timber & concrete) • New aluminium-framed windows, doors & air conditioning units • Outdoor entertaining areas with insulated Delta panel roofing • Picket fence, new gates, upgraded drainage & retaining walls Investment Highlights: • Fully furnished, turnkey sale option with quality furniture & appliances • Superhost status (6 years) & 5-star reviews on multiple platforms • Strong financials: - 2023 Net Income: $64,239.22 - 2024 Net Income: $72,641.17 - 2025 forward bookings: $26,290.08 (as of Feb 26) • Peak rates: Up to $529 per night + $320 additional for full occupancy • Flexible sale terms – investment or owner-occupier option Positioned just moments from Cooee Bay Beach, this property offers a fantastic lifestyle and investment opportunity in one of Yeppoon's most sought-after locations. Contact us today for more details or to arrange an inspection!

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