Dual living rural holding near the coast with $62,400 per year return

This property was purchased by the vendors as a horse property in the bush only ten years ago. Due to development in the area, this character property now sits on the edge of the highly sought after growth area of Upper Coomera. The current owners have moved on and are offering the property of with diverse income streams from three dwellings and 3.34Ha of land. The property's location should have an excellent upside for those with a view of long term quality landholding. It also offers fantastic family living for many years to come with the kids enjoying the space to run and the horses while being close to schools and shops.

Area & Tenure
Area 3.341* hectares (8.25* acres)
Lot 182 on RP156422
Zoned Rural Residential
Gold Coast City Council

Development
This lot is included in the Gold Coast City Council Draft Concept for Courtney Drive Upper Coomera. (Full details available on request)

Access
Corner block with frontage to two main roads

Income
Currently rented for $62 400* pa from three rental contracts.

Location
• Coomera M1 interchange 4km*
• Coomera commuter train station 6km* (Direct linking to Brisbane Airport and Gold Coast tramway)
• Main Beach 24km*
• Brisbane CBD 56km*


Schools
State and private schools all within 3 to 5km* walk


Shopping
Supermarkets within 3km* walk or drive

Property Improvements
Main home with Granny Flat
Inground pool
Second Home
Dressage arena
Bitumen driveway
One dam

Dwellings
Main House
Currently tenanted $550 per week
2 storey Tutor style brick with tiled roof
Split system airconditioning
4 bedrooms
The main bedroom has a large ensuite and walk-in wardrobe
2nd Bathroom upstairs
2 Lounge areas
Dining room
Laundry
3rd toilet and shower downstairs
2 car garage
2 car carport
Inground swimming pool

One bedroom granny flat
tenanted $330 per week
Large loungeroom
Undercover outdoor area (front and back)
Bathroom
Bedroom with walk-in wardrobe
Large kitchen and dining


2 Storey Tudor style Cottage
Tenanted $320 per week.
Airconditioned
Kitchen and dining room
Office Area
2nd Level - Airconditioned Bedroom and 2 storage areas upstairs and 1 storeroom
Combined bathroom and laundry.
Undercover entertainment area.

Inspections by appointment only
*Approximately