Why Pimpama? Enormous growth, above average rental returns and low vacancy rates makes Pimpama attractive to investors. Abundant variety of schools, an abundance of shopping options along with numerous employment hubs makes the Northern suburbs of the Gold Coast and Pimpama in particular an “in demand” area for housing. The Commonwealth Games are being held on the Gold Coast in 2018, already there has been a huge surge in development and housing construction – don’t leave it too late! This is a once in a lifetime opportunity.
The Meadows Estate offers huge array of shopping, schools, sporting facilities, restaurants, transport links all nearby. Westfield Stage 1 at Coomera is located only minutes from this estate.
Pimpama is not only the largest growth location in Qld, but is also one of the largest in all of Australia! This strong growth is predicted to continue well into the future.
The Opportunity: this property gives twice the opportunity. Not one rent but two! From the street front it appears to be a single family home, but it is when you look inside that you realize that there are two separate dwellings included in this property. That is right – two dwellings – two incomes! This property is strong positively geared right from the first month for most investors.
This property is:
Land: 450m2 Price: $270,000 Land registration Sept/Oct 2016
Home Build: 240m2 $310,000
5 beds in total = 3 beds, 2 baths, 1car plus 2 beds, 1 bath, 1 car
FIXED PRICE CONTRACT: $580,000
Builder: Image Homes
INCLUDES: Separate meters for all utilities for both dwellings
Full list of inclusions is available but includes stone benchtops, two air cons per dwelling, and much more
RENTAL ESTIMATE: $750 combined per week
Rates: $2500 per annum

TO PURCHASE: $1000 HOLDING DEPOSIT

FOR SALE: $580,000