25 Tugun Street, Tugun QLD 4224

Situated in the highly desirable southern Gold Coast locale of Tugun, this property offers a compelling combination of immediate rental income and future redevelopment potential on a substantial 809 m² flat block with Medium Density Residential zoning.

Bordering the expansive Tugun Park, residents benefit from a peaceful outlook and unmatched privacy, allowing for a serene lifestyle that blends natural surroundings with convenient coastal living. The property's location is particularly attractive due to its close proximity to the beach, cafes, restaurants, wildlife sanctuary, and key infrastructure including Gold Coast Airport and quality schools and health services.

The home itself has been thoughtfully renovated to enhance its rental appeal and livability. The bright, open-plan kitchen featuring an exposed brick island and lofty exposed-beam ceilings provides a contemporary feel, while the modern bathrooms, including a master ensuite, complement the functional and stylish interior. Climate control via split-system air conditioning and ceiling fans ensures comfort throughout the year.

Outdoor living and utility needs are well catered for with a covered patio ideal for entertaining and a large detached shed/workshop offering versatile space. Parking is convenient with a single garage and additional carport/driveway spaces accommodating multiple vehicles.

• Massive 809 m² block with zoned medium density residential potential offers flexibility for investors, developers, or those planning a dream residence subject to council approval.
• Currently tenanted, the property provides passive income from day one while offering options for future redevelopment or long-term holding.
• Adjoining Tugun Park, it provides a green, private setting without side neighbours, ideal for tranquility and enjoyment of outdoor spaces.
• Renovated interiors with modern amenities enhance livability and rental returns.
• Ample parking and additional workshop/studio space add to the property's practicality.

Overall, this home commands attention from a diverse buyer pool including property investors looking for a solid rental yield, developers with medium density visions, or families seeking a spacious and private coastal location with versatile options.

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.