401/8 Churchill Street, Coolangatta QLD 4225

Flood overlay pending | body corp $152 weekly | 2022 purchase prices unknown | no floorplan available | balcony faces north-east. The flood overlay creates a latent cost pathway—insurance premiums will be higher than comparable units without this designation, and any future buyer pool may be narrower. The building’s 70/30 owner-renter split supports stable occupancy, but body corporate fees at $152 weekly reduce net rental return. The corner position and north-east balcony deliver genuine ocean outlook, a rare feature in this building, and the side-by-side parking improves resale appeal. This unit should be held for lifestyle and capital preservation, not short-term flipping, given the market’s cooling trend. The competitive edge lies in three factors: the 2021 build quality, the dual secure parking, and the direct proximity to Kirra Beach. These features are scarce in the current Coolangatta listing inventory and underpin the value proposition for a buyer seeking low-maintenance coastal living. The property suits a professional couple or downsizer prioritising walkability and amenity, not a speculative investor targeting yield. Speak with Ray White Burleigh Group to confirm the flood assessment outcome and request a current rental appraisal before making your offer—this data will sharpen your negotiating stance.