12 Iando Street, Coombabah QLD 4216

Finally hitting the market after 30-odd years is this original brick home about 100m from the Coombabah river front. If you are a keen fisherman then you are in a very handy position to launch the boat and go fishing or crabbing.

So if you appreciate a valuable location then this tightly held property is for you!

Still with typical features of that era, including:
• 3 bedrooms with ceiling fans
• Combined open plan lounge & dining with ceiling fan
• Family bathroom with separate toilet
• Single garage with extra carport area
• Shed/storage in rear yard
• Flat usable 506m² block

Please understand, this is an original untouched home and the value is in the location and land size.

Homes like this are rarely offered for sale as they are located just footsteps to the river, minutes to the Broadwater and is close to schools, local bus stops, the Helensvale train station and Harbour Town Shopping Centre.

Currently tenanted on a periodic lease to a very, very long term original tenant and kept at a low rent. Market rent for this property would fetch $450 per week.

Area Information:
Coombabah, a residential suburb and wetland area, is immediately west of Runaway Bay and Hollywell, Gold Coast. The wetland adjoins Coombabah Lake, the mouth of the Coombabah Creek, just before the creek joins the Coomera River.

Coombabah was a residential extension of Hollywell and Paradise Point, taking advantage of the wide creek mouth. During the 1990s and 2000s residential development proceeded along the boundary with Runaway Cove. The Coombabah Lake wetlands (partly in Arundel) received national recognition for their conservation and bird habitat qualities.

Coombabah is a mixture of older average homes and modern upmarket estates. There are State primary and high schools and a community hall and local shopping in Hansford Road.