1/38 First Avenue, Coolum Beach QLD 4573

This well-positioned first-floor apartment offers an ideal blend of coastal lifestyle and investment potential, perfectly suited for those seeking a low-maintenance residence close to the surf. Situated just a short distance from the beach, the property enjoys refreshing ocean breezes that enhance the open-plan living area, creating a comfortable and airy environment.

• Featuring two bedrooms and a bathroom, the layout is practical for small households, couples, or investors targeting reliable tenancy.
• The kitchen is spacious and functional, complete with a breakfast bar that encourages casual dining or a relaxed morning coffee experience.
• A highlight of the apartment is the large wrap-around balcony, providing ample outdoor space for entertaining, relaxing, and enjoying views of the surrounding area.
• The oversized lock-up garage adds significant convenience and security, while an additional generous storage room (approximately 3m x 1m) perfectly accommodates surfboards, golf clubs, or other recreational equipment.
• Currently tenanted with a good tenant paying $600 per week and lease secured until December 7, 2026, this property offers immediate rental income, appealing particularly to investors.
• Additional financial considerations include annual council rates of $2,958.60 and body corporate fees of $13,884, reflecting the comprehensive maintenance and management of the building and grounds.

Overall, this property delivers an attractive, fuss-free coastal living option that caters well to first-home buyers eager to enter the market, as well as investors prioritizing strong tenant demand and long-term stability. The combination of proximity to the beach, spacious outdoor areas, and secure parking/storage facilities contributes to a functional and enjoyable home in the vibrant Coolum Beach community.