Lot 9 Echo Estate, Upper Coomera QLD
Gold Coast, QLD, 4209$ 1,048,334
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
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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.