Overview
This original retro-style apartment offers a unique blend of lifestyle appeal and long-term investment potential situated just steps from Tugun Beach on the Southern Gold Coast. Set within a boutique block of six residences perched on a substantial 531 square metre parcel, the property provides a coastal hold in an increasingly scarce beachside pocket.
Intimate and character-filled, the apartment boasts polished hardwood timber flooring throughout, reinforcing a warm and inviting ambiance that complements its bright, functional interiors. Designed with low maintenance in mind, the open-plan living and dining space is well-lit with natural light, enhancing the sense of space despite a modest 53 square metres of floor area.
The dedicated undercover car parking adds convenience and security for residents, while separate communal laundry facilities further support an easy lifestyle. The property is currently leased, offering immediate rental returns, and benefits from a low body corporate fee estimated at $50 per week, making it financially accessible and manageable.
For entry-level buyers, investors seeking strong coastal demand, or long-term land bankers, this apartment stands as an outstanding opportunity to occupy or hold a strategically positioned asset in a tightly held location renowned for its enduring value and beachside lifestyle.
Local Market Insights
In Tugun, Quiet Listings observed 4 new apartments entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,757,500. The property type mix of listed properties is predominantly Units at 29%, followed by apartments (29%), and houses (18%). The most active agency for apartments in the Tugun area is currently PRD Nationwide, representing 25% of new listings, followed by Ray White with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.