8/468-470 Coolangatta Road, Tugun QLD 4224

8/468-470 Coolangatta Road, Tugun | 2 bed, 2 bath, 2 car apartment | 97 sqm generous floor plan | Last sold 2015 at $355,000 | Strong rental demand in building This apartment stands out in Tugun’s coastal unit market primarily for its rare two-car accommodation and generous 97 square metre internal area, which is larger than many comparable two-bedroom units in the corridor. The property sits within a small complex on Coolangatta Road, offering low-maintenance living that appeals strongly to downsizers seeking car security and owner-occupiers wanting space without a house. The building’s mix of one-bedroom and two-bedroom layouts, combined with a current rental listing for a smaller unit at $720 per week, signals healthy rental demand that may also attract investors. The 2015 purchase price of $355,000 provides a useful historical baseline, though market conditions have shifted significantly since that transaction. The property’s position on a main road may introduce traffic noise that some buyers will weigh against its convenience to Tugun village and the southern Gold Coast beaches. The building’s age and internal finishes are not confirmed from available records, so a physical inspection is essential to assess condition and any deferred maintenance that could affect value. The strong price growth seen in another unit within the same complex between 2018 and 2024 suggests capital appreciation potential, but this must be balanced against the subject’s specific floor level, aspect, and any strata levies that may apply. A direct rental yield calculation for this unit is not possible without current market rent, though the building’s rental activity indicates achievable income.