10 Morshead StreetTugun QLD 4224
Property Details for 10 Morshead St, Tugun
10 Morshead St, Tugun is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1987. The property has a land size of 582m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (January 2023)
**Please note this property currently operates as a high-performing Airbnb. As such inspection times are limited to those times provided and the agents have very limited ability to get you through outside of the listed times. There is a 3D walk-through available upon request from the agents.
A five-minute stroll to Tugun Beach, the Tugun Pause is a 582sqm Californian desert bungalow home with three bedrooms a pool, a cubby house and a studio. A family home at the beach ready for work-from-home or to start a home business.
Newly renovated and landscaped to take advantage of sea breezes, natural light, and the perfect Gold Coast weather, the beach bungalow is the perfect family home for the growing family who wants to spend every day at the beach, or the investor looking for a positively-geared Airbnb.
Soft, natural light filters throughout this perfectly styled modern beach pad. Polished concrete and hardwood floors, crisp white walls, built-ins in each room, ceiling fans and air-conditioning, double-glazed windows, and a new luxe bathroom with a separate shower and a standalone bath. The saltwater pool is also a magnesium pool treated with Dead Sea minerals. The backyard is completely secured and locked, so kids and pets can play in the backyard with the trust that they're safe.
Whether you're cooking at the built-in six-burner BBQ on the deck, or in the functional kitchen with an island waterfall bench, this property suitably provides you with a coastal glam entertainer and family feel. The property has a complete home filtration water system, so every tap has purified crystal clear water which for better showers and cooking, plus the kitchen tap also provides reverse osmosis filtered water.
The studio is ready for a home business, work-from-home office, home gym, or storage area, with high-speed NBN broadband and download speeds currently up to 1000gb/s. The studio's high-speed internet is accessible to the rest of the house with wired ethernet cabling throughout the entire house.
Investors in the market for a high-performing Airbnb will be interested in Airdna data forecasting forward bookings of 78% occupancy rate at an average of $466 per night, seasonally adjusted.
This property is located in Currumbin State and Palm Beach-Currumbin State High School catchments.
For a home at the beach, it has easy access to both the Gold Coast Highway and the Pacific Motorway, frequent public transport and the Gold Coast light rail coming soon there is a reason why Tugun is the Gold Coast's next big suburb to invest in!
Property History for 10 Morshead St, Tugun, QLD 4224
- 26 Mar 2024Sold for $1,250,000
- 07 Nov 2022Listed for Sale Not Disclosed
- 19 Nov 2018Sold for $580,000
Recent sales nearby
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About Tugun 4224
The size of Tugun is approximately 3.0 square kilometres. It has 15 parks covering nearly 20.5% of total area. The population of Tugun in 2016 was 6588 people. By 2021 the population was 7175 showing a population growth of 8.9% in the area during that time. The predominant age group in Tugun is 30-39 years. Households in Tugun are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tugun work in a professional occupation.In 2021, 67.60% of the homes in Tugun were owner-occupied compared with 62.50% in 2016.
Tugun has 3,869 properties. Over the last 5 years, Houses in Tugun have seen a 76.49% increase in median value, while Units have seen a 102.51% increase. As at 28 February 2026:
- The median value for Houses in Tugun is $1,601,781 while the median value for Units is $1,233,825.
- Houses have a median rent of $950 while Units have a median rent of $785.
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