1/20 Eden Avenue, Coolangatta, Qld 4225

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings
488 m²
Area

Last updated on Wednesday, June 10, 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

Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
Area
488 m²
House Size
63 m²

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