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38 Miles St
coolangatta
QLD, 4225

SOLD
listing rooms 5
listing bathrooms 3
listing parking 1
Land: 506 sqm

A Rare Opportunity - Kirra

This is a rare opportunity to purchase a sound investment within the heart of Kirra and just 500 metres from the world famous Kirra/Coolangatta Beach. Located on the high side of Miles Street is this family property being offered to the market for the first time in nearly 60 years.
Comprising of two spacious flats, all on the one title with two, two-bedroom apartments on the top floor and a potential one bedroom granny flat taking up the entire bottom floor. This could easily be a solution to your dual living requirements or a great investment opportunity.
The ground floor granny flat has been used as a very tidy one bedroom. Both of the two bedroom units on the upper level offer timber flooring, high ceilings and neutral tones throughout. The kitchens are both tidy and offer a dining space, electric cooking and tidy bench and cupboard space. Both bathrooms offer good sized shower's and internal seperate laundry space. All bedrooms are of good size, with built in robes.
The immaculate rear yard is accessible to all three properties.
Set on a low maintenance 506sqm block, this spacious two storey solid brick property offers endless possibilities.

The Kirra, Coolangatta area is rapidly progressing to keep up with increasing demand from buyers and interstate investors looking to secure their piece of this unspoilt coastal region. This is an excellent investment opportunity located within walking distance to Kirra and Coolangatta's vibrant shopping precinct with cafes, restaurants, boutique shopping and world famous beaches. With an international airport and Southern Cross university at your doorstep, you will need to be quick.

For due diligence enquiries regarding possible redevelopment, we recommend to call Town Planning at Gold Coast City Council on 07 5582 8211 or consultant a private Town Planner.

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About coolangatta

median house price

1050000

suburb growth

14.1%

median house rent

680

suburb rental yield

3.4%
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Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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