501/6 Coyne Street Coolangatta QLD 4225

Beachfront exposure | flood overlay active | 112m² on single car space | premium pricing vs recent comparables. This unit presents a measured opportunity for a buyer who accepts the flood overlay as a manageable risk rather than a disqualifier. The wrap-around balcony and ocean outlook are irreplaceable features that command a price premium over internal-area-only units in the same building. The current $1.825m asking sits above the most recent $1.573m comparable sale nearby, meaning the buyer must negotiate toward a carrying cost that aligns with long-term capital stability. For a purchaser seeking a permanent coastal residence or a locked-and-left holiday hold, this property works if acquired at or below the $1.73m–$1.8m support level. The 112m² internal footprint is generous for a two-bedroom beachfront apartment and the full-width balcony effectively extends the living zone without strata cost. Proximity to Coolangatta State School and Palm Beach-Currumbin State High adds family appeal, while 5G and NBN FTTB support remote work. This unit serves best a professional couple or small family looking for a primary residence with zero commute to the beach. Act now to secure a building tour and assess the flood overlay detail against your insurer-that single step separates a sound buy from a budget surprise.