Lot 5 Echo Estate, Upper Coomera QLD
Gold Coast, QLD, 4209$ 1,111,677
Overview
Property ID: LA-7460
- House and Land
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 209
Details
Updated on Oct 28, 2024 at 09:07 am
Property Type: | House and Land |
---|---|
Price: | $ 1,111,677 |
Land Price: | $ 633,000 |
Build Price: | $ 478,677 |
Gross Per Week: | $ 1,234 |
Gross Per Annum: | $ 64,168 |
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: | 7460 |
SKU: | 1012 |
Description
This dual-package property, located in Echo Estate, Upper Coomera, offers a main residence with 3 bedrooms and 2 bathrooms, as well as an auxiliary unit with 2 bedrooms and 1 bathroom. The property spans 510 m², and the total building size is 209.10 m². The development is expected to be complete by June 2025, with a projected rental yield of 5.77%. The design features a Surrealist façade and an Ash Light color scheme, ideal for investors seeking a property in a high-demand area.
Suburb profile:
Upper Coomera is a suburb in the northern Gold Coast region, popular for its family-friendly environment and proximity to essential amenities like schools, shopping centers, and recreational areas. The suburb is part of the rapidly growing Gold Coast region, which makes it attractive for property investment with potential for capital growth.
Site Inclusions - Site Works Foundations & Connections:
- 400mm site scrape and balanced excavation
- Termite treatment
- Connection to sewer, stormwater, and electrical mains
- Retaining walls as per design
- Energy Efficiency: 7 Star as per requirements
Preliminary Inclusions:
- HIA fixed-price contract
- Plans, soil test, and engineering slab design
- 12-month maintenance warranty
- Independent quality inspections
- Council building application fees
Internal Inclusions:
- 2400mm nominal ceiling height
- Vinyl plank flooring in main areas, carpet in bedrooms
- Walk-in robe in the master bedroom
- LED ceiling lights and fans
External Inclusions:
- Exposed aggregate driveway
- Colorbond roof and fascia
- Powder-coated aluminum windows
- Remote-controlled garage door
Landscaping Inclusions:
- Turf to front and rear yard
- 10m² garden bed with up to 12 plants
- Fencing with treated pine gate
Electrical Inclusions:
- LED lights, power points, TV/Data points
- Split system air conditioner in the living area and master bedroom
- Exhaust fans, smoke detectors, and TV antenna
Appliance Inclusions:
- 600mm electric cooktop, oven, and dishwasher
- Chrome sink mixer
- Split system air conditioning units
Energy Efficiency:
7 Star energy rating
Warranties:
- 6 ½ year structural warranty
- 25-year termite resistant guarantee
- 12 months installation warranty for electrical fittings
- 5-year warranty on cooking appliances
This dual-package investment property in Upper Coomera offers a well-designed layout with a main residence and an auxiliary unit. With a rental yield of 5.77% and land registration in 2025, this property is an excellent investment opportunity in the growing Gold Coast region.
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.
Address
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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.