Lot 4 Echo Estate, Upper Coomera QLD
Gold Coast, QLD, 4209$ 1,118,415
Overview
Property ID: LA-7459
- House and Land
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 209
Details
Updated on Nov 13, 2024 at 05:49 pm
Property Type: | House and Land |
---|---|
Price: | $ 1,118,415 |
Land Price: | $ 633,000 |
Build Price: | $ 485,415 |
Gross Per Week: | $ 1,241 |
Gross Per Annum: | $ 64,532 |
Gross Yield: | 5.77% |
Capital Growth 12 Months: | 12.76% |
Capital Growth 10 Year Annualised: | 7.63% |
Vacancy Rate: | 0.88% |
Property Size: | 209 m2 |
Land Area: | 510 m2 |
---|---|
Bedrooms: | 3+2 |
Bathrooms: | 2+1 |
Parking: | 1+1 |
Title Status: | June 2025 |
Property ID: | 7459 |
SKU: | 1012 |
Description
This property is a dual-package residence located in Echo Estate, Upper Coomera. It features a modern design with 3 bedrooms and 2 bathrooms in the main dwelling and an additional auxiliary unit with 2 bedrooms and 1 bathroom. With a total house size of 209.10 m² and land size of 510 m², the property offers ample space for comfortable living. It also has strong rental returns and yield, making it ideal for investors.
Suburb profile:
Upper Coomera is a rapidly growing suburb located in the Gold Coast region of Queensland. Known for its family-friendly environment, it offers access to quality schools, shopping centers, and recreational facilities. With proximity to both Brisbane and Gold Coast, it is a highly sought-after area for both homeowners and investors.
Site Inclusions - Site Works Foundations & Connections:
- 400mm site scrape and/or balanced cut and fill excavation
- Slab design suitable for block
- Termite treated timber frame and termite treatment
- Sewer and stormwater connections
- Water and electrical connections
Preliminary Inclusions:
- HIA fixed price contract
- Plans and home building specifications
- Twelve (12) month maintenance warranty
- Soil test and contour survey
- Engineering and slab design
Internal Inclusions:
- 2400mm nominal ceiling height
- Vinyl plank flooring to main living areas
- 20mm stone bench tops to kitchen
- Walk-in robe with shelf and hanging rail
- AAA rated water saving shower heads and tapware
External Inclusions:
- Face brick walls to exterior
- Colorbond roof
- Powder-coated aluminum windows
- Remote control garage door
Landscaping Inclusions:
- Exposed aggregate concrete driveway
- Turf to front and rear yard
- Up to 10m² of garden with plants and mulch
- Fencing to external boundaries
Electrical Inclusions:
- LED ceiling lights
- TV/Data points
- One split system air conditioner to the main living area
- Smoke detectors (hard-wired)
Appliance Inclusions:
- 600mm electric oven, cooktop, and rangehood
- Stainless steel overmount kitchen sink
- Electric hot water system
Energy Efficiency:
- 7 Star energy rating as per requirements
Warranties:
- 25-year termite-resistant guarantee on timber frame
- 6 ½ year structural guarantee on brickwork
- 5-year manufacturer warranty on air conditioning
- 5 years on kitchen appliances
The property is estimated to generate a rental income of $1,241 per week. The design features modern fixtures, durable materials, and a high energy rating.
This dual-package property in Upper Coomera presents a great opportunity for investors with its strong rental returns and modern design. With a spacious layout, quality inclusions, and a highly sought-after location in the Gold Coast region, this property is positioned for both rental income and capital growth.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.