First time on the Market for over 20 years!
The charm of classic Coolangatta, this pre-war home has a million stories to tell and has been a warm and welcoming space for local families through generations. Although there are some 'wow' moments of the home, she has seen better days and would require major renovations to get her back on track.
Situated in the heart of Coolangatta you have direct access through the back yard into Goodwin Park where you can enjoy a level stroll to the shops and the beach.
The future brings endless possibilities and would suit one of the following buying scenarios:
1. Knock down and rebuild, with a Medium Density zoning, the block would suit a 3 story walk up with 2 properties on each level, total of 5-6 units. S.T.C.A
2. Group buyers - friends or family pooling money together to be able to afford something that could be restored, and each member would retain a unit. Maybe there are a few tradie friends who see this as a great start while enjoying the lifestyle close to the beach and nightlife.
3. Buy & restore - for someone looking for a project.
PROPERTY FEATURES:
-4 x 1 bedroom flats
-1 x flat has a converted sleepout now a 2nd bedroom
-4 x Garages
-well established mature gardens
-direct access from the rear of block to Goodwin Park - level walk/ride to Coolangatta and Beaches
VITALS:
Home Built: pre-war on one Title
Land Size: 703sqm
Build Size: 292sqm
Zoning: Medium Density Residential - Suitable 3 Story walk up 6 x units S.T.C.A.
Rental Appraisal: $2000 to $2200per week
Council Rates: Units are on 1 Title approx. $4308 per annum
Power - Separately Metered
LOCATION:
-access to Goodwin Park from the block which provides a direct level pathway to
Coolangatta CBD & beaches, Cafes, restaurants, clubs, and shopping
-short walk to the Bay Street Strip of restaurants and cafes, Twin Towns Club, Tweed River, Jack Evans Boat harbour, Tweed Mall, The Anchorage & The Ivory Tavern and Marina,
- 600m to Coolangatta Beaches, restaurants and cafes
- 5 minute drive to the M1 & the Gold Coast International Airport
- 5 minute drive to the South Tweed CBD including Tweed City Shopping Centre
INSPECTIONS BY APPOINTMENT ONLY CONTACT 07 5599 1905
Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. Local Realty Sales & Rentals and its staff will not be held responsible for any act or omission arising from the accuracy of such material.
We cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Such enquires should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.
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