Lot 9 Echo Estate, Upper Coomera QLD

Gold Coast, QLD, 4209

$ 1,048,334

Gold Coast, QLD, 4209
Lot 9 Echo Estate, Upper Coomera QLD-0
Lot 9 Echo Estate, Upper Coomera QLD-1

Property Images

Lot 9 Echo Estate, Upper Coomera QLD-0 Lot 9 Echo Estate, Upper Coomera QLD-1

Overview

Property ID: LA-7483

  • House and Land
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 196

Details

Updated on Nov 13, 2024 at 05:49 pm

Property Type: House and Land
Price: $ 1,048,334
Land Price: $ 623,000
Build Price: $ 425,334
Gross Per Week: $ 1,164
Gross Per Annum: $ 60,528
Gross Yield: 5.77%
Capital Growth 12 Months: 12.76%
Capital Growth 10 Year Annualised: 7.63%
Vacancy Rate: 0.88%
Property Size: 196 m2
Land Area: 415 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 1+1
Title Status: February 2025
Property ID: 7483
SKU: 1012

Description

This dual occupancy property offers a modern contemporary design with a primary residence and an auxiliary unit, providing a high-yield investment opportunity. It is situated in Upper Coomera within the Gold Coast region, a fast-growing area known for its proximity to key amenities and transport links.

Suburb profile:

Upper Coomera is a thriving suburb in the northern Gold Coast, known for its family-friendly environment, excellent schools, shopping centers, and access to both Brisbane and the Gold Coast. The area has experienced significant development and is a prime location for investors seeking rental opportunities and long-term capital growth.


Site Inclusions - Site Works Foundations & Connections:

  • 400mm site scrape and/or balanced cut and fill excavation
  • Termite treated timber frame and treatment to slab penetrations
  • Connection to electrical mains and water main
  • Retaining walls and council cross over as per design

Preliminary Inclusions:

  • Fixed price contract, building certification, QBCC insurance
  • Engineering and slab design
  • Soil test, contour survey, and council fees
  • 12-month maintenance warranty

Internal Inclusions:

  • Vinyl plank flooring, carpet to remaining areas except wet areas
  • 20mm stone kitchen benchtops, stainless steel sink
  • Walk-in robes, pendant lights to kitchen island
  • Insulation under roof and wall insulation

External Inclusions:

  • Colorbond roof, fascia, and gutters
  • Exposed aggregate concrete to driveway and portico
  • 70mm pine wall frames

Landscaping Inclusions:

  • Turf to front and rear yard
  • Fencing with treated pine gate
  • Garden bed with up to 12 plants, letterbox, clothesline, and external taps

Electrical Inclusions:

  • LED ceiling lights, smoke detectors, split system air conditioners (x3)
  • Power points, TV/data points, and ceiling fans as per plan

Appliance Inclusions:

  • 600mm electric oven, cooktop, rangehood, and dishwasher
  • Electric hot water storage system

Energy Efficiency:

  • 7-star energy rating

Warranties:

  • 6.5-year structural warranty
  • 25-year termite-resistant frame guarantee
  • 5-year warranty on garage door, air conditioning, and appliances
  • 3-year warranty on downlights and dishwasher
  • 1-year warranty on installation of windows, doors, and electrical fittings


This dual occupancy property in Upper Coomera provides a solid investment opportunity with attractive rental yields and the security of a newly built, well-specified home. Its strategic location in a growing suburb enhances its long-term capital growth potential.

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 Lot 9 Echo Estate, Upper Coomera QLD
City Gold Coast
State QLD
Postcode 4209
Suburb N/A

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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

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.

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