1/20 Eden Avenue, Coolangatta, Qld 4225

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings
488 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 1/20 Eden Avenue, Coolangatta, Qld 4225)

$880,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully renovated two-bedroom unit in a prime Rainbow Bay location, offering excellent investment potential and lifestyle appeal.

🏡 Property Highlights

  • Unbeatable coastal position just moments from Rainbow Bay Beach
  • Fully renovated and well-presented throughout
  • Long-term tenant in place until May 2026 with potential lease extension
  • Strong local rental demand with upcoming rental increase
  • Potential for future development with high-density zoning (RD7)
  • Located in one of Rainbow Bay’s most sought-after and tightly held areas

✨ Key Features

  • Bedrooms: 2
  • Bathrooms: 1
  • Car Spaces: 1
  • Property Type: Unit
  • Area: 488 m²
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Built-in Robes

Rainbow Bay is a highly sought-after coastal suburb renowned for its pristine beaches, vibrant surf culture, and relaxed lifestyle. It offers excellent proximity to world-famous surf spots like Snapper Rocks and Greenmount Beach. The area boasts strong rental demand, a close-knit community, and scenic natural beauty. Its high-density zoning presents future development opportunities, making it an attractive choice for investors and lifestyle buyers alike.

What is the current condition of the property?
The unit was fully renovated in previous years and is well presented throughout, requiring minimal maintenance.
What are the future development possibilities for this property?
The property is zoned High Density Residential (RD7) with an approximate height allowance of 38 metres, offering potential for future development subject to council approval.
Is the property suitable for investment purposes?
Yes, the property currently has a long-term tenant until May 2026, with a rental increase due, reflecting strong local demand for rental properties in this prime location.
What are the council rates and body corporate fees?
Council rates and body corporate details are available on request.
Are there any restrictions or covenants on the property?
Details regarding restrictions or covenants can be provided upon request; the property is zoned for high-density residential use.
Are there any upcoming council or development plans that could affect the property or its value? What are the total ongoing costs including council rates, body corporate fees, and maintenance? Are there any easements, zoning restrictions, or covenants that could limit future development? Has the property been inspected for structural issues or pests? Are there any planned or ongoing construction projects nearby that could impact the property’s value or living environment? What is the history of the property regarding any previous damage or repairs? Are there any flood or bushfire risks associated with this location? Is the current lease compliant with all relevant tenancy laws and regulations? Are there any restrictions on subletting or further leasing of the property? What are the terms and conditions of the current lease agreement?

1/20 Eden Avenue, Coolangatta, Qld 4225 - More Details

$880,000

rates and body corp fees updated
Positioned in one of Rainbow Bay’s most tightly held and sought after locations, this two bedroom unit presents an outstanding opportunity to secure a foothold just moments from the sand.
Located one street back from the golden sands of Rainbow Bay Beach, the property is only minutes from the world famous Snapper Rocks, with Greenmount Beach, the Surf Club and Coolangatta Beach all at the end of the street. This is a true lifestyle address where location does the heavy lifting.
Property Highlights:
• Two bedroom unit in an unbeatable coastal position
• Currently tenanted until 1 May 2026,
• Rental increase due in May, reflecting strong local demand
• Owners willing to extend the lease for a further three months, offering flexibility to investors
• Long term tenant in place who maintains the property immaculately
• Unit was fully renovated in previous years and is well presented throughout
Investment & Future Potential:
This location continues to attract premium rental demand, with tenants willing to pay top dollar to live just moments from Rainbow Bay and Snapper Rocks.
The property is zoned High Density Residential (RD7) with an approximate height allowance of 38 metres, offering potential future development opportunities (subject to council approval).
Council rates $72 per week approx. and body corporate $70 pw approx. these are approximate figures only and detailed information supplied on sellers' disclosure form 2 supplied before going to contract
📝 The property is being offered at Offers Over $790,000.
All offers must be submitted in writing on the prescribed form, available on request.
Inspections are by appointment only, as the property is currently tenanted.
📞 Call James on 0407 659 615 to register your interest.
Properties in this location are tightly held and this opportunity will not last.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
Area
488 m²
House Size
63 m²

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