FOR SALE
$700,000 townhouse / $200,000 business

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Currumbin Waters QLD 4223

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Retiring Seller - Owner Must Sell!

Located in picturesque Currumbin Waters, this immaculately presented townhouse together with an ideal entry-level management rights business providing enviable lifestyle with a steady income, flexible and low working hours.
This retirement community consists of permanent 51 townhouses/villas/units and boasts amenities such as two pools, a resort building with a gymnasium, kitchen facilities, a snooker room, a library, and BBQ areas plus a range of popular services such as a medical centre, chiropractor, dentist, cafe and law firms.
Key features of the opportunity:-
* Extremely motivated seller
* Distinctive manager's double-storey townhouse features 3 bedrooms, 2 bathrooms, a garage, air conditioning and a spacious private courtyard
* $80,000* p.a. Caretaker Salary
* Annual salary review by CPI mechanism (increase only)
* 4.5 years* left on management agreements (expiry at 11 August 2028)
* Body Corporate are welcoming change of management and will top up the agreement term for the approved buyer
* Surrounded by abundant amenities for retirement living
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Property Details for Contact Agent For Address, Currumbin Waters

Building Type
Commercial

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About Currumbin Waters 4223

The size of Currumbin Waters is approximately 10 square kilometres. It has 17 parks covering nearly 9.2% of total area. The population of Currumbin Waters in 2011 was 8,882 people. By 2016 the population was 9,125 showing a population growth of 2.7% in the area during that time. The predominant age group in Currumbin Waters is 50-59 years. Households in Currumbin Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Currumbin Waters work in a professional occupation. In 2011, 72.1% of the homes in Currumbin Waters were owner-occupied compared with 73.7% in 2016.

Currumbin Waters has 4,359 properties. Over the last 5 years, Houses in Currumbin Waters have seen a 79.28% increase in median value, while Units have seen a 94.77% increase. As at 31 October 2024:

  • The median value for Houses in Currumbin Waters is $1,389,243 while the median value for Units is $853,954.
  • Houses have a median rent of $950 while Units have a median rent of $775.
There are currently 27 properties listed for sale, and 10 properties listed for rent in Currumbin waters on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in Currumbin waters.

Suburb Insights for Currumbin Waters 4223

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Craig Cornish
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RWC Gold Coast
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.