447/447A Golden Four DriveTugun QLD 4224
Property Details for 447/447a Golden Four Dr, Tugun
447/447a Golden Four Dr, Tugun is a 7 bedroom, 4 bathroom House with 4 parking spaces.
Last Listing description (November 2023)
BUY ONE OR BUY BOTH! Listed price of $3,900,000 is for the pair.
An extraordinary opportunity has emerged in the heart of Tugun Village, and has been priced inline with recent sales and it's calling for you to make it yours! Situated down a private driveway beside Niche & Co, these two adjacent blocks offer a sprawling 1,394sqm (approximately, including the driveway access) of coveted District Centre zoned land, all within a leisurely stroll to the picturesque Tugun beach. Act now - you have the choice to acquire one or both of these outstanding properties!
Development Potential:
City Plan Benefits: The current City Plan allows for diverse development options, featuring a Centre Zone Precinct that supports mixed land use, blending commercial and residential ventures seamlessly.
Height and Density: Build up to 16 meters high, adhering to an RD5 density regulation (1 bedroom per 50sqm).
Property Highlights:
447B: Set on approximately 888sqm, this property features a charming single-level home boasting 3 bedrooms, 2 bathrooms, an oversized single lock-up garage, and an additional double lock-up garage. Enjoy the convenience of space and comfort within a stone's throw from the beach.
447A: Spanning approximately 506sqm, this property comprises two well-appointed flats, each with 2 bedrooms, 1 bath, and a single lock-up garage. Both flats are currently leased until late September 2024, generating a combined rental income of $1,050 per week. A sound investment opportunity!
With beachside investments in high demand and limited supply, this is your golden ticket to secure your own slice in Tugun.
For more detailed information, an Information Memorandum (IM) is available upon request. Don't delay - contact us today.
Approximately 1,394sqm of District Centre zoned land
Potential ocean views depending on type of construction
447A - 506sqm approx.
447B - 888sqm approx.
Current city plan perimeters: RD5 - 1 bedroom per 50sqm, Height 16metres
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 447/447a Golden Four Dr, Tugun, QLD 4224
- 26 Oct 2023Listed for Sale REDUCED $3,900,000
Recent sales nearby
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0About Tugun 4224
The size of Tugun is approximately 3.0 square kilometres. There are 15 parks, covering nearly 20.5% of the 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 3,883 properties. Over the last 5 years, Houses in Tugun have seen a 55.44% increase in median value, while Units have seen a 76.73% increase. As at 31 August 2026:
- The median value for Houses in Tugun is $1,714,456 while the median value for Units is $1,255,436.
- Houses have a median rent of $1,150 while Units have a median rent of $875.
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