Under Contract

10 Cathne Street, Cooee Bay

Offers Over $929,000 Considered

3 2 615 m2

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:
- 2023 Net Income: $64,239.22
- 2024 Net Income: $72,641.17
- 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!

Features

Deck Courtyard Outdoor entertainment area

Details

Address 10 Cathne Street, Cooee Bay
Price Offers Over $929,000 Considered
Property Type Residential
Property ID 972
Category House
Land Area 615 m2

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Rory Wex

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Cam Gaukroger

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