2/16 Lord Street

Coolangatta QLD 4225

CURRENTLY LEASED UNTIL 18 FEBRUARY 2027 RETURNING $665 PER WEEK. MOST RECENT RENTAL INCREASE EFFECTIVE 21 FEBRUARY 2025Held by the same interstate owner since 1997, this tightly held 483m corner allotment presents an exceptionally rare opportunity to secure a Medium Density Residential site just moments from the beach.Whether you're an investor seeking to enhance the existing yield, an owner-occupier looking to landbank in a blue-chip location, or a buyer exploring future redevelopment potential (STCA), this property offers outstanding flexibility and long-term upside.With corner block appeal, redevelopment potential and an unbeatable beachside position, opportunities of this calibre are few and far between.Currently leased until 18 February 2027 and returning $665 per week, with the most recent rental increase effective 21 February 2025, this is an outstanding opportunity to secure an investment with immediate rental income and long-term security from day one. with instructions from the owner to sell, this one won't be on the market long.Positioned in one of Coolangatta's most tightly held residential pockets, 2/16 Lord Street offers investors the chance to secure a quality property in one of the Southern Gold Coast's most sought-after coastal markets before it goes under the hammer.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, cafs, 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.Investment opportunities in this location are becoming increasingly scarce. Whether you're expanding your portfolio or securing a blue-chip coastal asset for the future, this is your opportunity to purchase in a location that continues to outperform on both lifestyle and capital growth.This property will be sold at Auction on Friday, 21 August at 4:00pm. With quality investment opportunities in Coolangatta tightly held, interested buyers are encouraged to complete their due diligence and register their interest early.Property Highlights- Currently 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 cafs, 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- Auction Friday, 21 August at 4:00pmFor further information or to arrange your inspection, contact Mitchell Lambert or Kai McCoy today.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.