🏡 Property Snapshot- **Land Size: ** 1,001 m² (gently sloping)- **House Size: ** 162 m² | Built in 1990- **Zoning: ** Low Density Residential- **Current Configuration: ** - 3-bed, 2-bath main residence rented at $1000/week - 2-bed granny flat (converted garage) rented at $450/week - Double carport + lockable shed - Rainforest-style pool + timber deck + pond💰 Financial & Development Potential- **Rental Yield Potential: ** - Granny flat: $450/week - Main house: $1,000/week - Total: ~$1,300–$1,450/week = ~6.1–6.8% gross yield- **Development Upside: ** - Potential for second dwelling (STCA) - Wide side access for dual occupancy or subdivision feasibility🛠️ Value-Add Opportunities- Renovate existing home to modern standards - Restore deck and pond to enhance outdoor appeal - Explore DA for dual occupancy or rebuild📍Location Highlights- 450m to local shops & parkland - 1km to M1 access - 4.8km to Nerang Train Station - 8.7km to Broadbeach - In catchment for Ashmore SS & Benowa SHS🧠 Strategic InsightThis property suits:- **Renovators** looking to uplift value and rental return - **Investors** seeking dual-income potential with future development upside - **Owner-builders** wanting to knock down and rebuild on a large block in a central Gold Coast location-**Owner Occupiers - looking for potential and space for growing family or extended familyContact us Today to arrange an inspection and start your journey to unlocking its full potential !Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Oxbridge Property Group and its employees cannot be held responsible for any inaccurate details supplied here.
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Mobile: 0416291550