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Independent Licenced Real Estate Agent 07) 5594 0016 or 0403 050 255 (Terry) or 0403 382 046 (Mei)    Fax 07) 5594 0034

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E: terrymcmiles@bigpond.com W: www.terrymcmiles.com

Home Office: 1/6 Buddy Holly Cl. Parkwood Queensland Gold Coast  4214

Coomera  Investment Units in a Complex with on-site Manager

About Terry

Buying Enquiries

Located in the fastest growing northern suburb of the Gold Coast, Close to the M1 for easy access north or south, a walk to the new Coomera Town Centre and of course Dreamworld and now White Water World next door, we can offer 2 budget Investments . . . .                             a 2 level 3 bedroom Townhouse for just $280,000              and,        a single level 3 bedroom Villa for only    $300,000

Sellers Information

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About Manage- ment Rights . . . Click here for explanation

This is a Boutique Complex of just 16 Duplex dwellings - 8 Villas and 8 Townhouses built in 4 blocks of 4. Entrance is only gained by swipe card access so the Complex remains quiet. If location is important to you, then these units will tick the right boxes.We can expect this location to be considered prime real estate even before the huge new Town Centre is completed. After a slowdown as a result of the GFC, Coomera is again on the move, & these represent great value

The Complex has an on-site Manager and most owners are investors although there are a few Owners living on site.

A pathway at the side of the Complex leads directly to the Coomera River - great for fishing or just walking along the riverbank and taking in the vista of what are now $million dollar plus homes on the opposite bank.

Approx cost of Body Corp fee is $905 per quarter, and the last Council Rate notice was for 6 months - $1040. Photos below are of the north facing Townhouse (left hand side) & the compact rear yard. The price of this unit is just $280,000 and there is a good tenant in place paying $295 p.w.

The Complex is around 17 years old, and built at a time when rooms tended to be bigger, all bedrooms a re a good size. Another pleasant surprise is that Bathroom and Kitchen tiles are both white, and unlike other buildings of a similar age the bath and Kitchen still look bright and "current".

A covered Lounge area is for all residents' enjoyment poolside and the Pool is looked after by the on-site Manager. Below, are some photos of the single level Villa which is offered for sale at $300,000. It is also in excellent original condition and has another quality tenant in place at $290 pw.

The main "differences of comfort" in these 2 properties are that the Villa has a significantly larger north  east aspect rear yard, is on the end of its block of 4 (so only has one common wall) and has recently had a fully ducted air conditioning system installed. The Air and the lack of stairs should relate to a higher rent than the townhouse but the owners have been reluctant to increase the rent being paid by the long term and very good tenant.

The bathroom in the Villa is an ensuite style 2 way with doors to both the master bedroom and the vestibule leading to the other 2 bedrooms. Buyers please note:- It is becoming very difficult to secure Townhouses or villas in a small Complex for under $300,000.  The advantages of the small Complex (and particularly here where the Complex is secure) is that you or your tenant can enjoy a quiet lifestyle in a small community .

Final approval now in place for the Coomera Town Centre . . . just minutes away. Secure a bargain investment now.

Interested parties should contact Terry to arrange an inspection - 0403 050 255.