For sale
Apartment • 2yr
APARTMENT Island Street, Couran Cove Resort, South Stradbroke, QLD, 4216, Australia

About this Property
* STUDIO APARTMENT
* 1 BED APARTMENT
Available fully furnished
PLEASE NOTE - Photos and Floorplans are ONLY EXAMPLES of Apartments and Studios that are on the Island. Once an inspection is confirmed, specific apartment photos will be sent.
We have numerous single apartments for sale on the Marina Waterfront and Lagoon Waterfront within different blocks.
BODY CORPORATE FEES - have dropped considerably
Current Body Corporate Fees - approx. $10,000 per annum ($200 per week)
COUNCIL RATES
Approximately $2,400 per year or $1,500 per year, if your property on the Island is your main place of residence.
INFRASTRUCTURE
Please Note : Currently all power, water and gas has been disconnected on Couran Cove Resort and the resort is closed. Numerous owners have been setting up there property's on the island off grid. Installing the following.
* Solar Panels and 10kw Battery
* Back up Generator
* Spear Pump and Water Filter
* Water Storage Tanks
* Sewerage - BC are investigating a cost effective solution regarding the sewerage system.
LEGAL DISPUTES
There are still on going legal disputes between the resort owners and the numerous Body Corporates. The Body Corporates (Owners of properties on the Island) are in the full control and are slowly but surely sorting out the situation.
MAIN POINTS FOR PROPERTY CONTRACTS on Couran Cove.
Please see following special conditions that will be in all property contract.
1. The Buyer confirms that prior to executing this Contract, it has made its own enquiries in relation to the Body Corporate(s) pertaining to the Lot and is aware of the pending court proceedings in relation to the Body Corporate(s), meetings held by the Body Corporate(s), ongoing litigation, and the current status of same.
2. The Buyer is aware that it is possible that such litigation and/or meetings of the Body Corporate(s) could result in the issuance of notices after the Contract date requiring the owner of the Lot to pay special levies or other levies ("Post Contract Levies").
3. The Buyer and Seller agree that the Seller is liable for all payment of all Body Corporate Levies (including those that are not issued yet) for any period up to and including settlement date and that an adjustment will be made in the settlement statement in this regard as per clause 2.6(2) of the terms of contract.
4. The Buyer indemnifies the Seller and Agent and will keep the Seller and Agent indemnified against any and all liability arising after the settlement.
5. The Buyer waives the cooling off period.
6. The property is Sold "Where is, as is"
7. 10% Deposit with a 14 Day Settlement.
DOG APPROVAL
The Body Corporate Bi Laws state that only comfort/assistant dogs are allowed on the Island and you would have to apply to the Body Corporates for approval.
FINANCE
Unfortunately No Banks or financial institutions are currently lending on the island.
(Only if a mainland property is given as security)
THE ISLAND
Nestled among the trees on this tropical island, only minutes from the hustle and bustle, glitz and glamour of the Gold Coast, these apartments present an exciting future investment or personal lifestyle holiday home opportunity.
For more Information - southstradbrokegc.com.au
Please contact Couran Cove Specialist - Critton Astras on 0412 074447 for more information.
Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Astras and Bond Estate Agents and its employees cannot be held responsible for any inaccurate details supplied here. Buyer/s must do their own due diligence regarding infrastructure, drawings, floor plans, council approval, boundary lines on photos and measurements etc. these have not been verified by Astras and Bond Estate Agents.
Gallery
Book an Inspection Time
Buying as an investment property?
We can advance 2 years of rental income upfront.
On any investment property
Investors can receive up to $10,000^ in 48 hours
^estimated from $0/week rent* over 2 years
Apply in 2 mins & confirm eligibility in 24 hrs
No impact to your credit score
This is not a home loan and not credit
Only pay back when rent is received
* Estimated based on 4% annual rental yield and a $0 property value. Weekly rent estimated at $0 ($0 ÷ 365 x 7 days). Prepayment capped at $100,000. Subject to approval.
Critton Astras
More Details on APARTMENT Island Street, Couran Cove Resort, South Stradbroke QLD
How many bedrooms and bathrooms does APARTMENT Island Street, Couran Cove Resort, South Stradbroke have?
APARTMENT Island Street, Couran Cove Resort, South Stradbroke is a 1 bedroom , 1 bathroom apartment.
Who is the agency that listed APARTMENT Island Street, Couran Cove Resort, South Stradbroke?
The agency who listed APARTMENT Island Street, Couran Cove Resort, South Stradbroke is ASTRAS AND BOND ESTATE AGENTS - you can contact the agents here.
How many car spots does APARTMENT Island Street, Couran Cove Resort, South Stradbroke have?
There were no car spots found on the listing for APARTMENT Island Street, Couran Cove Resort, South Stradbroke.
How much is APARTMENT Island Street, Couran Cove Resort, South Stradbroke?
The price of APARTMENT Island Street, Couran Cove Resort, South Stradbroke is From $85,000 for a Studio and $95,000 for a 1 Bed. - contact the agents to find out more.







