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8 Bedford Road
Pimpama QLD 4209

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 112m2
Land area: 601m2
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Prime Duplex Investment Opportunity

Welcome to 8 Bedford Road, Pimpama, a prime investment opportunity featuring two well-appointed units on a spacious 601sqm block. Built in 2009, this duplex offers modern living with excellent rental returns and minimal maintenance. Each unit is designed for comfort and convenience, making this property a standout choice for savvy investors or those seeking a dual-living arrangement.
Unit 1:
Unit 1 at 8 Bedford Road, Pimpama, is a spacious and modern 3-bedroom, 2-bathroom home, currently tenanted until 11th November 2024 at $480 per week. This north-facing unit features a double lock-up garage with side access and a laundry area. The interior boasts a generous kitchen with 600mm electric appliances, a large air-conditioned living area with ample storage, and tiled flooring throughout, with cozy carpet in the bedrooms. The master bedroom includes a fan, walk-in robe, and ensuite, while the other two bedrooms are equipped with fans and built-in robes. The main bathroom offers a separate toilet for added convenience. Additional highlights include gas hot water, fly screens on all windows, and an undercover patio with direct garage access to the outside, perfect for outdoor entertaining.
Features:
- Tenancy: Leased until 11th November 2024 at $480 per week (Current Rental Appraisal is $650 to $670pw)
- Bedrooms: 3
- Bathrooms: 2
- Parking: 2-car double lock-up garage
- Orientation: North facing
- Access: Side access
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Property Details for 8 Bedford Rd, Pimpama

8 Bedford Rd, Pimpama is a 5 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 601m2 and floor size of 112m2. The place is currently for sale with Ray White CFG.

Building Type
House
Floor Size
112m2
Land Size
601m2

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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 10,730 properties. Over the last 5 years, Houses in Pimpama have seen a 87.84% increase in median value, while Units have seen a 102.83% increase. As at 31 August 2024:

  • The median value for Houses in Pimpama is $869,206 while the median value for Units is $670,478.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 71 properties listed for sale, and 49 properties listed for rent in Pimpama on OnTheHouse. According to CoreLogic's data, 826 properties were sold in the past 12 months in Pimpama.

Suburb Insights for Pimpama 4209

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Brent Siebritz
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Ray White CFG
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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.