Sold
House

9 Wagawn Street Tugun, QLD 4224

Sold for $1,340,000 on 21 January 2016
  • 7 Beds
  • 4 Baths
  • 3 Cars
Agents

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House in Tugun

SWEET SPOT BEACHSIDE - BLOCK of 3 UNITS on 1 TITLE

  • 7 Beds
  • 4 Baths
  • 3 Cars

An idyllic position in a popular beachside enclave only a few doors from the sand and surf, this property is in good condition with solid brick construction and provides a plethora of options for an astute investor or home occupier.

The new owner could benefit from all 3 income streams or lease two units while utilising the other. Alternatively, you could occupy as a family compound, reconfigure the existing floor plan into a family home or redevelop a luxurious residence by the beach.

Unit 1 - top floor, cool and breezy balcony, timber floors throughout, 3 bedrooms, 2 bathrooms, own laundry & secure courtyard for pet, 2 car garage with internal access to unit.
Rental market opinion $460* per week

Unit 2 - top floor north facing, filtered blue ocean views, 2 bedrooms, recently modernised with new carpet, air-conditioning, single garage, shares laundry with unit 3.
Rental market opinion $430* per week

Unit 3 - ground floor neat and tidy, 2 bedrooms, new kitchen and carpet, shares laundry with unit 2, 1 car off street parking.
Rental return $310* per week

Hit the beach running in a matter of seconds or walk home wet from the surf, you're literally only 80 metres away.

This exceptional position provides easy access to Currumbin or Tugun Village with a choice of cafes, fresh produce, a variety of convenience stores & boutique shops without picking the car keys up.

  • Entire block of 3 units on 1 title
  • High demand rental properties
  • Great self managed super fund investment
  • Rental return $1,200* p/week, no body corp
  • Invest, occupy or scope to redevelop
  • 405*m² block, prime beachside position
  • 1 x 3 bedroom unit & 2 x 2 bedroom units
  • Close to Flat Rock & oceanfront parkland
  • Each unit individually metred with electricity
  • GCCC Rates, $2,648.71* (1 July - 31 December 2015)
  • Full property memorandum available

Tugun is conveniently located on the Southern Gold Coast between Currumbin and Coolangatta within a 1 hour* drive from Brisbane on the M1 and a 1 hour* flight from Sydney.

* approx

Bedrooms:

7

Bathrooms:

4

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Suburb

Tugun

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