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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Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
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