1/40 Marine Parade, Coolangatta QLD 4225

Beachfront Coolangatta | 3-bed apartment | Established building | Lot size 151m² | High capital growth since 2016 This property presents a rare beachfront position on Marine Parade, a defining and permanently scarce attribute. Its three-bedroom configuration exceeds the suburb’s typical two-bedroom unit stock, positioning it for a premium within the family or downsizer segment seeking space and location. The significant valuation increase since its 2016 sale demonstrates proven capital growth in a high-demand Gold Coast enclave, best serving a buyer seeking a long-term holding in a prime coastal location. The primary risk is the absence of recent, direct comparable sales, making precise valuation difficult against the broad estimated range. You must budget for potential strata costs inherent in an established apartment building, with due diligence on body corporate health essential. Acquire this property as a permanent lifestyle holding or a long-term capital growth play, not for short-term gain or rental yield, given the lack of income data. Proceed with a disciplined offer based on a building inspection and strata report, not on emotional attachment to the address.