Lot 8 Echo Estate, Upper Coomera QLD
Gold Coast, QLD, 4209$ 1,043,536
Overview
Property ID: LA-7462
- House and Land
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 191
Details
Updated on Oct 28, 2024 at 09:28 am
Property Type: | House and Land |
---|---|
Price: | $ 1,043,536 |
Land Price: | $ 613,000 |
Build Price: | $ 430,536 |
Gross Per Week: | $ 1,163 |
Gross Per Annum: | $ 60,476 |
Gross Yield: | 5.80% |
Capital Growth 12 Months: | 12.76% |
Capital Growth 10 Year Annualised: | 7.63% |
Vacancy Rate: | 0.88% |
Property Size: | 191 m2 |
Land Area: | 456 m2 |
---|---|
Bedrooms: | 3+2 |
Bathrooms: | 2+1 |
Parking: | 1+1 |
Title Status: | February 2025 |
Property ID: | 7462 |
SKU: | 1012 |
Description
This dual-package property offers an excellent investment opportunity in the Echo Estate, Upper Coomera, Queensland. It features a 3-bedroom main dwelling and a 2-bedroom auxiliary unit, perfect for maximizing rental income. The property combines modern living with practical design, including spacious living areas, a contemporary kitchen, and a garage.
Suburb profile:
Upper Coomera, located in the northern Gold Coast region, is a rapidly developing suburb known for its family-friendly amenities, proximity to schools, and easy access to key transport links. It is highly regarded for its balance of suburban tranquility and proximity to urban centers.
Site Inclusions:
- 400mm site scrape and/or balanced cut and fill excavation
- Slab design based on site investigations
- Termite treatment
- Sewer, stormwater, electrical, and water connections
- House constructed to meet N2 wind rating conditions
Preliminary Inclusions:
- HIA fixed price contract
- Plans, specifications, and engineering
- 12-month maintenance warranty
- Certification and council application fees
Internal Inclusions:
- 2400mm ceiling height
- Vinyl plank flooring in living areas, carpet in other areas
- Laminate cupboards, stone bench tops, and electric appliances in the kitchen
- LED ceiling lights and ceiling fans
- Split system air conditioners in living area and master bedroom
External Inclusions:
- Colorbond roof and gutters
- Exposed aggregate driveway
- Face brick walls and feature render
- Fencing and landscaping including turf and a garden bed
Landscaping Inclusions:
- Turf to front and rear yard
- Garden with up to 12 plants
- Letterbox and clothesline
Electrical Inclusions:
- Single-phase underground power connection
- Smoke detectors, TV/data points, exhaust fans, hot water storage
Appliance Inclusions:
- 600mm electric oven, cooktop, rangehood, dishwasher
- Split system air conditioners
Upgraded Inclusions:
- Pendant lights to kitchen island
Energy Efficiency:
- 7 Star energy rating
Warranties:
- 6.5-year structural warranty
- 25-year termite-resistant frame guarantee
- 5-year air-conditioning warranty
- 10-year warranty on hot water heater
- Various warranties on appliances and installations
Other Details:
- Body corporate fees: $26.34 per week
This dual-package property in Upper Coomera presents an exceptional investment with dual income potential. Offering modern design, high energy efficiency, and situated in a growing suburb, it promises both strong rental yields and future 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.
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.