Just Listed
+ 30

10 Cathne Street, Cooee Bay

Offers To Purchase Closing Monday 7th April 2025

3 2 615 m2

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Inspections

Saturday 15 March 1:00 PM - 1:30 PM

Turnkey Dual-Living Beach House

Welcome to Cooee Bay Beach House, a unique investment opportunity offering a fully furnished, dual-living holiday rental with proven strong returns. Alternatively, for owner-occupiers, it can be sold without furniture, providing flexibility to make it your own. Situated on a spacious 617m² block, this home offers versatility, privacy, and future potential, with neighboring approvals for second-storey extensions to enhance ocean views.
Operating as a successful holiday rental with Superhost status for six years, this property is listed across Airbnb, VRBO, Agoda, and Booking.com, boasting consistent 5-star reviews. With modern renovations completed in 2022 and strong forward bookings for 2025, this is an exceptional opportunity to secure a high-yielding coastal investment or a spacious family retreat by the beach.

Key Features:

Dual-Living Layout:
• Upstairs: 3 bedrooms, full kitchen, bathroom, powder room
• Downstairs: 2 Utility rooms used as bedrooms with windows, full kitchen, laundry, bathroom

Renovations & Upgrades (2022):
• New Colorbond roof, gutters & James Hardie weatherboards
• Removal of all asbestos, double insulation wrap
• New kitchens (upstairs & downstairs) with modern appliances
• New bathrooms, powder rooms, and flooring (polished timber & concrete)
• New aluminium-framed windows, doors & air conditioning units
• Outdoor entertaining areas with insulated Delta panel roofing
• Picket fence, new gates, upgraded drainage & retaining walls

Investment Highlights:
• Fully furnished, turnkey sale option with quality furniture & appliances
• Superhost status (6 years) & 5-star reviews on multiple platforms
• Strong financials:
o 2023 Net Income: $64,239.22
o 2024 Net Income: $72,641.17
o 2025 forward bookings: $26,290.08 (as of Feb 26)
• Peak rates: Up to $529 per night + $320 additional for full occupancy
• Flexible sale terms – investment or owner-occupier option

Positioned just moments from Cooee Bay Beach, this property offers a fantastic lifestyle and investment opportunity in one of Yeppoon's most sought-after locations. Contact us today for more details or to arrange an inspection!

Details

Address 10 Cathne Street, Cooee Bay
Price Offers To Purchase Closing Monday 7th April 2025
Property Type Residential
Property ID 972
Category House
Land Area 615 m2

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Rory Wex

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