402/60 Marine Parade, Coolangatta QLD 4225

Oceanfront high-rise | 4th floor apartment | 2 modern bathrooms | ducted air-conditioning | suburb growth 35.1% This unit presents a competitively strong beachfront position within a high-growth suburb. Its spacious, luxurious design with quality finishes and ducted air-conditioning caters specifically to an owner-occupier or premium holiday-let buyer seeking a low-maintenance coastal residence. The 35.1% suburb growth significantly outpaces broader markets, indicating strong underlying demand for this location, though the 3.4% rental yield suggests income generation is secondary to capital appreciation. The primary risk is the undisclosed strata health and costs, requiring an immediate report purchase to assess financial liabilities. The absence of current market listings necessitates a valuation benchmarked against recent comparable sales to justify any offer above the last known price. Acquire this property as a long-term hold to leverage suburb momentum, accepting the moderate yield for anticipated value growth. Proceed only after verifying strata sustainability and confirming a price aligned with current, verified beachfront sales.