FOR SALE
$2,985,223

Contact Agent For Address
Pimpama QLD 4209

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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High Net $417,897; Only 5.34 Multiplier - ID 9150

Permanent Management Rights for Sale
Modern 4-Bedroom Large Townhouse Plus More
- High net profit of $417,897 with a low 5 multiplier.
- Minimal facilities to maintain: no gate, no BBQ, except swimming pool area.
- Large body corporate salary of $165,704 plus GST.
- All permanent rentals with a letting pool of 99 out of 130 total units, with only 2 managed by outside agents.
- 25-year long-term agreement, with 21 years remaining.
- Cooperative body corporate committee.
- Modern, very new, spacious townhouse with 4 bedrooms, 2.5 bathrooms, and a double lockup garage.
- Professional office on title with separate entrances.
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Property Details for Contact Agent For Address, Pimpama

Building Type
Commercial
Floor Size
1m2

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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 10,712 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 70 properties listed for sale, and 57 properties listed for rent in Pimpama on OnTheHouse. According to CoreLogic's data, 821 properties were sold in the past 12 months in Pimpama.

Suburb Insights for Pimpama 4209

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Management Rights Sales Pty Ltd
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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.