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Overview
This substantial property at 103 McLean Street in Coolangatta offers an exceptional blend of heritage charm and future potential, set on one of the largest privately owned allotments in the area.
The sizeable 1,578 square metre block is framed by 28 metres of street frontage, providing a relatively flat and generous canvas for redevelopment or restoration, subject to council approvals. The elevated position grants expansive views stretching across Coolangatta, the Tweed region, and the ocean, making the location both serene and highly sought-after.
The existing homestead, standing for over 50 years, exudes character with its unique pastel-colored rooms, high ceilings, period features, and bay windows that bath the interiors in morning sunlight. The home's spacious, airy layout includes multiple living areas, catering well for family living and entertaining alike. The inclusion of large bedrooms and ample parking further enhances practicality.
- The formal lounge offers a cozy fireplace and French doors, complemented by elegant chandelier lighting.
- A fully equipped kitchen features modern conveniences including an electric oven, cooktop with range hood, dishwasher, and an island bench that facilitates social cooking experiences.
- Additional spaces include a family room and a formal dining/library area with a built-in study desk, supporting diverse lifestyle needs from relaxation to work.
- The property comprises four bedrooms, with the master boasting an ensuite featuring a bathtub, a separate toilet, and a walk-in robe with external access.
- Bedrooms two and three come with built-in wardrobes and ceiling fans, while ceiling fans are distributed throughout the home for climate comfort.
- External amenities include a fourth bedroom or storeroom, a bathroom/laundry combined with toilet, a tandem carport plus extra parking at the rear, and a pebblecrete swimming pool surrounded by timber decking for outdoor leisure.
Lawn areas provide safe spaces for children to play, accompanied by the charm of a thriving mango tree in the garden, embodying the classic Queensland lifestyle. Its proximity to the beach allows residents to enjoy daily surf and swimming opportunities, whether by foot or bike.
This unique opportunity to acquire a large landholding in a premier location will appeal to renovators, families seeking generous space, or investors with vision. The property will be sold at auction, presenting a chance to secure a landmark residence or embark on a redevelopment project.
Council rates are approximately $2,844 bi-annually, with a rental appraisal estimating returns between $1,200 and $1,400 per week.
Located within walking distance to a variety of restaurants, cafes, shops, and close to key amenities such as the Gold Coast International Airport, surf beaches, supermarkets, cinema, and schools including Coolangatta State Primary and Palm Beach Currumbin High School, this property blends convenience with coastal lifestyle attractions.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Local Market Insights
In Coolangatta, Quiet Listings observed 4 new houses entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $2,237,500. The property type mix of listed properties is predominantly Apartments at 71%, followed by houses (17%), and units (4%). The most active agency for houses in the Coolangatta area is currently LJ Hooker, representing 50% 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.
Location
Market Insights for Coolangatta QLD 4225
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