2/16 Lord Street Coolangatta QLD
1155000
Sold01 / 20
Sold at Auction by Mitchell Lambert and Kai McCoy
Your team
Principal & Chief Auctioneer, Residential
- 5.0
- Average rating of 5
- 65
- Seller and buyer testimonials
Sales Executive
- 5.0
- Average rating of 5
- 1
- Seller and buyer testimonials
About this property
Medium Density Beachside Opportunity - First Time Offered in Nearly 30 Years - Sold under the hammer
- 3 weeks on the market
- 55 buyer enquiries
- 4 registered bidders
Held by the same interstate owner since 1997, this tightly held 483m² corner allotment is just moments from the beach.
Currently leased until 18 February 2027 and returning $665 per week, with the most recent rental increase effective 21 February 2025, this property holds immediate rental income and long-term security from day one.
Positioned in one of Coolangatta's most tightly held residential pockets, 2/16 Lord Street is situated in one of the Southern Gold Coast's most sought-after coastal markets.
Perfectly located just moments from Coolangatta Beach, Greenmount, Kirra and Rainbow Bay, Lord Street has long been recognised as one of the area's premier addresses. Within easy walking distance to world-class beaches, cafés, restaurants, shopping and everyday conveniences, the location continues to attract strong demand from both owner-occupiers and investors alike, while remaining only minutes from Gold Coast Airport.
Coolangatta is undergoing an exciting transformation, with luxury apartment developments, premium residential projects and significant infrastructure investment continuing to reshape the precinct. Combined with limited land supply, sustained interstate migration and strong buyer demand, the suburb has become one of the Gold Coast's standout investment destinations with exceptional long-term growth prospects.
Property Highlights
- Leased until 18 February 2027
- Returning $665 per week
- Last rental increase effective 21 February 2025
- Strong investment with immediate rental income
- Highly sought-after Lord Street address
- Walk to Coolangatta Beach, Greenmount and Kirra
- Moments from cafés, restaurants, shopping and entertainment
- Approximately five minutes to Gold Coast Airport
- Located within one of the Southern Gold Coast's strongest growth corridors
- Surrounded by new luxury apartment developments and ongoing investment
- Ideal addition to any investment portfolio
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. All expenses, distances, heights, or sizes are an estimate or an approximation. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Location
2/16 Lord Street Coolangatta QLD
Coolangatta, QLD
Coolangatta
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