FOR SALE
1,378M2 SITE $1.125,000

1 Pinnacle Way
Pimpama QLD 4209

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1378m2
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HOT SPOT DEVELOPMENT OPPORTUNITY!

LAND SIZE: 1,378m²
ZONING: MEDIUM DENSITY RESIDENTIAL
5 Townhouse site
Looking for a great site for your next development? Or maybe you're after a big block to build your dream home? Then come & see 1 Pinnacle Way in "The Heights" at Pimpama.
Surrounded by lovely homes in the masterplanned Sunland development, this 1,378m² block is zoned "medium density residential", making it ideal for a small townhouse development. The current owner has had a pre-lodgement meeting with Gold Coast City Council for a 5 home development (2x duplexes + 1 detached dwelling) with a favourable response when assessed against City Plan V10. Meeting minutes & plans are available on request.
For more information, call Joe Farr.
Disclaimer: Whilst all care and attention has been taken to ensure that the information contained in the above advertisement is true and correct at the time of publication, Farr Real Estate gives no warranty or assurance and makes no representation as to the accuracy or reliability of the information contained. It is advised that any prospective purchaser make their own enquiries and/or inspection prior to purchase.

Property Details for 1 Pinnacle Way, Pimpama

Building Type
Land
Land Size
1378m2

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About Pimpama 4209

The size of Pimpama is approximately 41.4 square kilometres. It has 34 parks covering nearly 13.3% of total area. The population of Pimpama in 2011 was 3,211 people. By 2016 the population was 9,392 showing a population growth of 192.5% in the area during that time. The predominant age group in Pimpama is 0-9 years. Households in Pimpama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pimpama work in a trades occupation. In 2011, 42.1% of the homes in Pimpama were owner-occupied compared with 29% in 2016.

Pimpama has 10,683 properties. Over the last 5 years, Houses in Pimpama have seen a 80.92% increase in median value, while Units have seen a 106.87% increase. As at 31 October 2024:

  • The median value for Houses in Pimpama is $863,047 while the median value for Units is $680,815.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 53 properties listed for sale, and 45 properties listed for rent in Pimpama on OnTheHouse. According to CoreLogic's data, 852 properties were sold in the past 12 months in Pimpama.

Suburb Insights for Pimpama 4209

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Joe Farr
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Farr Partners PTY LTD - RUNAWAY BAY
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Disclaimer
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.