Attention astute investors, this property is returning over 5% of the listing price in rent and has enormous potential for capital growth.
The spacious townhouse boasts 4 large bedrooms, 5th bedroom or study and 2.5 bedrooms, making this an ideal property for renting families in an area abundant with schools and a developing infrastructure.
The townhouse is on 2 levels, the downstairs living area comprises a modern kitchen with stainless steel appliances including dishwasher, a large living/dining area with a patio in your own private back yard. On this level there is also a study which is large enough to be a fifth bedroom, a toilet/powder room, double remote lock up garage and large separate laundry. Upstairs comprises the master bedroom with walk in robe, ensuite and balcony. Off the landing area there is then another 3 large bedrooms and a full modern bathroom.
The location is ideal; it is in an elevated position in Upper Coomera and literally walking distance to Upper Coomera State College as well as within 4km of the other popular private and public schools. Superbly located only 20 minutes to Surfers and 35 minutes to Brisbane CBD these facts put these properties in huge demand for working families with children and we have an occupation rate of 100%.
Coomera has been dubbed Boomera on many occasions due to the incredible growth in this area, with the Gold Coast having the largest growth in the country and Coomera often at the top of the Gold Coast list it is easy to see why so many investors have been attracted here. Coomera is planned to be the major service hub between Brisbane and the Gold Coast, just one example of this plan is the Coomera Town Centre which, when finished, will be the largest shopping centre in the Southern Hemisphere and many times larger than Pacific Fair. The centre will include major retail and specialty shops, a University, Library and many more facilities including a transport hub linking the Gold Coast and Brisbane.
The complex is situated on the side of a bush land hill; it has a pool & spa, with a second pool, BBQ area and additional units under construction. With prices of these new units ranging from $385,000 up to $500,000 this is the perfect time to buy into the existing stage and reap the rewards of capital growth once the new units have settled over the course of next year.
The current tenants are very settled and are paying $370 per week with regular reviews built into the lease. With a combined Body Corporate Admin and Sinking fund of $59 per week and an asking price of $355,000, a smart investor should have this on their short list!
For all enquiries on this excellent investment property, contact Andrew Greenwood on 07 5529 7588 or 0402 750 455 for a personal inspection. Interstate investors welcome.
Sustainability declaration available on request

The sustainability declaration for this property can be obtained by contacting the agent.