This is your rare chance to make a serious profit! Move quickly because opportunities like this don’t come around often, and you could miss out on a potentially life-changing investment.
Presenting a stunning 1980s Ex-Prize Home, this property offers multiple ways to significantly boost your return on investment, including:
1. Value-Boosting Renovation Potential – With its expansive layout, a few key upgrades could dramatically increase its value, setting you up for substantial capital gains.
2. Dual Occupancy & Dual Income Potential – Subject to Council approval, you can build a second dwelling on this spacious block, generating two separate income streams. Perfect for investors or families looking to share the mortgage while still enjoying privacy.
Why This Property Stands Out: This is a unique opportunity to own a large family home that you can both renovate and potentially add another residence to—something that’s rarely available at this price point and in such a desirable location. You’ll enjoy the flexibility of creating a second dwelling while maintaining plenty of space, privacy, and future growth.
The current home is incredibly spacious, featuring:
• Three oversized bedrooms – Perfect for families or tenants who value space.
• Large kitchen – Plenty of bench and storage space, ceramic cooktop, electric oven, dishwasher, double-door pantry, and room for a double-door fridge.
• Master bedroom with walk-in robe and ensuite – A fantastic foundation for a modern renovation.
• Updated bathroom – Renovated with a separate shower and bath.
• Multiple living areas – Including a formal lounge, formal dining, and a family room complete with an open fireplace.
Outdoor Space: Step outside and enjoy the luxury of your own in-ground concrete swimming pool, overlooking a massive 4,109m² block with two-street frontage. There’s ample room to build a second residence while keeping both properties private and spacious. Plus, each dwelling could have its own pool and shed—ideal for dual occupancy or extended families!
Prime Location: Situated just minutes from local schools, shops, and sporting fields, you’re also a short 11-minute drive to the popular Robina Town Centre, filled with A-list shopping and boutique outlets. Even better, the world-renowned beaches of Surfers Paradise, Mermaid Beach, and Burleigh Beach are only 20 minutes away. You’ll be investing in not just a home, but a lifestyle that you and your family, tenants or future buyers will covet.
The Investment of a Lifetime: Properties of this size, with this much potential, and at this price point, are incredibly rare. Whether you’re an investor looking to make serious money, a family searching for a sea change, or someone looking to secure a future development opportunity, this home is priced to sell quickly, with a price guide of just $1,200,000 to $1,300,000.
For all the investors this home has been rent appraised at $850 – $900 per week.
City of Gold Coast Rates: $1,588 per half year (subject to change)
Water Charges: $120 per quarter (subject to change)
Don’t let this chance slip by. It’s perfect for those ready to make the most of a high-return investment, but you’ll need to act fast!
Listing Agents: Steve Athanates & Corey Athanates
Don’t be disappointed, call us now – We are waiting for your call.
NGU Real Estate Ipswich – with Offices at Brassall, Ripley, Karalee, Greater Springfield and Toowoomba – Our Five (5) Great Locations Means We’ve got Ipswich and its Surrounds Covered!
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