5/120 Marine Parade, Coolangatta, QLD 4225 | Property Value & History | OnTheHouse
 
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5/120 Marine Parade
Coolangatta QLD 4225

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 70m2
Land area: 777m2
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Property Details for 5/120 Marine Pde, Coolangatta

Building Type
Commercial
Floor Size
70m2
Land Size
777m2
Local Government
Gold Coast City
Lot/Plan
5/SP166408

Last Listing description (November 2021)

This beach front retail shop is positioned in the busiest position in Coolangatta directly next to international fast food giant McDonalds.

The property is being offered as a securely leased investment with a 5 year lease in place to experienced tobacconist and convenience store operator who has been in business for over 20 years.

INVESTMENT DETAIL:

- 5 + 5 + 5 Year lease commenced 14/02/2020
- Net return $72,100 per annum
- Outgoings 100% paid by tenant.
- Fixed reviews to 3%
- Security: Bond and guarantor.

FEATURES:

- 70sqm internal NLA
- 23sqm exclusive use alfresco.
- Prime Beachfront position next to McDonalds.
- Shop has potential for retail food also.
- Busiest location in Coolangatta opposite Greenmount and Coolangatta Beach.

FOR SALE

UNDER CONTRACT

For more information contact exclusive selling agents Towers Francis Property.

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Property History for 5/120 Marine Pde, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$1,200,000
14 Apr 2025
Listed for Rent
04 Mar 2020
  • 14 Apr 2025
    Sold for $1,200,000
  • 30 Apr 2021
    Sold for $1,200,000
  • 14 Apr 2021
    Listed for Sale UNDER CONTRACT - TOWERS FRANCIS PROPERTY
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About Coolangatta 4225

The size of Coolangatta is approximately 1.8 square kilometres. It has 8 parks covering nearly 16.5% of total area. The population of Coolangatta in 2016 was 5948 people. By 2021 the population was 6491 showing a population growth of 9.1% in the area during that time. The predominant age group in Coolangatta is 60-69 years. Households in Coolangatta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolangatta work in a professional occupation.In 2021, 55.70% of the homes in Coolangatta were owner-occupied compared with 48.20% in 2016.

Coolangatta has 6,372 properties. Over the last 5 years, Houses in Coolangatta have seen a 90.70% increase in median value, while Units have seen a 65.68% increase. As at 30 April 2026:

  • The median value for Houses in Coolangatta is $2,069,944 while the median value for Units is $1,304,000.
  • Houses have a median rent of $1,200 while Units have a median rent of $800.
There are currently 53 properties listed for sale, and 20 properties listed for rent in Coolangatta on OnTheHouse. According to Cotality's data, 330 properties were sold in the past 12 months in Coolangatta.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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