1/452 Coolangatta Road, Tugun QLD 4224

3 bed townhouse | 61m² lot | flood overlay | beachside Tugun | strong owner-occupier demand This property offers a rare entry point into Tugun’s tightly held beachside market, where three-bedroom townhouses under 70m² are scarce. The compact footprint and single garage suit downsizers or investors seeking low-maintenance exposure to a suburb with 65% owner-occupancy and a median price of $1.305m. Its configuration is competitively positioned against nearby apartments on larger lots, as the townhouse format typically commands a premium for private ground-level access and separation from neighbours. The buyer is best served by a long-term hold in a location where lifestyle demand consistently underpins values. The flood overlay is the principal risk, requiring a formal council assessment to understand the floor level relative to historical flood events. This may affect insurability and resale appeal to cautious buyers. However, the same overlay has not suppressed values at comparable properties on Coolangatta Road, suggesting the market has priced in the risk. The lack of recent sales data for this unit means pricing is opaque, but the building’s high owner-occupier ratio signals a stable, well-maintained complex. The opportunity lies in negotiating from a position of due diligence, using the flood overlay as a lever while recognising that Tugun’s beachside scarcity will likely absorb that risk over time.