1/514 Pacific Parade

Tugun QLD 4224

SOLD UNDER THE HAMMER @ AUCTIONStep back in time with this vintage (3) bedroom split level retro unit, within a small pod of (6) only and anchored on a prime 1012m2 absolute oceanfront allotment, boasting a wide 25m frontage. KEY FEATURES:- Three bedrooms w/ built in robes- Tidy functional kitchen / meals area- Upper-level living area opening on to balcony w/ splendid ocean views- Carport & large storeroom for boards & bikes- Original timber flooring under existing coverings that could be exposedDETAILS:- Lot (1) BUP 2109 (6 Lots) - Land size 1012m2 / 25m ocean frontage (approx.)- Zoning Medium Density Residential (cherry ripe for re-development / boutique apartments to 15m STCA)- Unimproved land value $10,500,000 as at 01/10/2023 = $1,750,000 per Lot - Body Corporate - $94.24 per week- Configuration (3) units across the beachfront, (1) centre and (2) units at the rear first level. Unit (1) is at the rear first level, North side of complex with super ocean views- Permanent rental in the vicinity of $850 per week- Holiday tariffs from $175-$310 per night (please refer to our holiday division www.goldcoastholidayhomes.com.au for advice)LOCATION:'Sparkling Waters' is nestled within a no through road section, just off Dune Street, Tugun (at the Southern tip of Tugun's Commercial precinct).You will enjoy being within a moment's notice to a smorgasbord of dining and local shopping, within this vibrant yet laid back village. In addition, you can also take full advantage of the magnificent 8km ocean pathway that extends from Currumbin right down to Rainbow Bay offering pit stops along the way at Bilinga, Kirra & Coolangatta.For surfers and beach lovers, simply step straight out from the property to carve up peaky beach breaks at your leisure and bask in uncrowded brilliance.The John Flynn Hospital, Southern Cross Uni and the Gold Coast International Airport are within (5) minutes from home and the new Tweed Valley Hospital at Kingscliff can be reached in around 20mins - a further 20 minutes beyond will land you in Byron Bay.AGENT'S COMMENTS:Here is your chance to own a slice of Blue-Chip real estate in a region that is exploding with re-development & popularity, whilst enjoying a myriad of lifestyle opportunities to those that are truly fortunate. For further information, please contact marketing Agent David Stringer on 0418 150 731 or david@djstringer.com.au in the strictest confidence.Disclaimer:All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd 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 enquiries 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.