OFF MARKET

170 Heeb Street
Benowa QLD 4217

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 180m2
Land area: 1444m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 170 Heeb St, Benowa

170 Heeb St, Benowa is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1444m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Floor Size
180m2
Land Size
1444m2
Local Government
Gold Coast City
Lot/Plan
21/RP90192

Last Listing description (February 2023)

SELLERS MOTIVATED AND COMMITTED ELSEWHERE - WILL BE SOLD!

Calling all astute builders, developers and investors this is the lucrative property opportunity you've been waiting for. Perched in a prime blue-chip location and sprawling across a substantial 1,444m2 block, it's ripe with untapped potential. Land bank for future use, build your dream double-storey home that capitalises on the Surfers Paradise skyline views or add this to your profitable rental portfolio the choice is all yours!

This large and level allotment boasts an expansive 25.2m street frontage, plus 52m and 60m (approx.) side boundaries. Initial suggestions hint at the potential for a townhouse development or 2 or 3 lot freehold subdivision (both STCA) as profitable options to explore. If a potential second dwelling is built at the back of the allotment, you will be immersed with beautiful skyline views. Alternatively, investors can reap the rewards by continuing to rent out the current 4 bedroom, 3 bathroom Cape Cod-style home and the 1 bed, 1 bath granny flat.

Structurally sound and comfortable as is, the main house features an oversized master suite with ensuite, kitchen with gas cooking, light and bright lounge room with stone clad fireplace, double garage and city skyline views from the 2nd floor. Additionally, its equipped with air-conditioning, 2.85kW solar power system, and various sheds for outdoor storage.

Located in an established area, everything you need is within easy reach. Practice your swing at nearby Royal Pines or Southport Golf Club, plus there are multiple parks close by, including the beautiful Botanical Gardens. Fancy a flutter or day watching the fillies? The Gold Coast Turf Club is only 7 minutes by car, and you can grab all your essentials at nearby Benowa Village or Ashmore Plaza. A host of acclaimed schools are within easy reach, including Trinity Lutheran College, Aquinas College and St. Kevin's, plus take advantage of being directly across the road from the TAFE Queensland Ashmore Campus. And when it's time to soak up the beautiful beaches, cafes, restaurants, shops and excitement of Surfers Paradise, it's just approx. 10 minutes away.

The market demand for desirable development locations remains strong, as does the need for high rental yield returns. You won't want to miss this arrange an inspection today.

Property Specifications:
Lucrative property opportunity in a prime blue-chip location
Current tenancy in place with both properties collectively returning $1200 per week.
Substantial 1,444m2 block with untapped potential - build up and capitalise on Surfers Paradise skyline views
Level allotment with 25.2m street frontage, 52m and 60m (approx.) side boundaries
Currently zoned as low density residential
Land bank for future use, build your dream home or make a wise investment
Potential for a townhouse development or 2 or 3 lot freehold subdivision (both STCA)
Comfortable 4 bed, 3 bath Cape Cod style home with an oversized master suite with ensuite, kitchen with gas cooking, lounge room with stone clad fireplace, 2.85kW solar power, double garage and Surfers Paradise skyline views from upper level
Granny flat features 1 bedroom, 1 bathroom and 1 living zone
Existing home includes and various sheds for outdoor storage
Supremely central location, close to all necessary amenities
Directly across from TAFE Queensland Ashmore Campus
2 min drive to St. Kevin's Catholic Primary, 5 min to Trinity Lutheran College, 6 min to Aquinas College
3 min drive to RACV Royal Pines and Southport Golf Club
4 min drive to Ashmore Plaza and Benowa Village Shopping Centre
7 min drive to The Gold Coast Turf Club
10 min drive to world famous Surfers Paradise beaches, cafes, restaurants, shops

Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract.
Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

Property History for 170 Heeb St, Benowa, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,500,000
14 Apr 2022
  • 07 Dec 2022
    Listed for Sale Contact Agent
  • 14 Apr 2022
    Sold for $1,500,000
  • 24 Feb 2022
    Listed for Sale Offers over $1,550,000
Sign in to see more transactions

Commute Calculator

About Benowa 4217

The size of Benowa is approximately 6.6 square kilometres. It has 9 parks covering nearly 25.9% of total area. The population of Benowa in 2011 was 7,978 people. By 2016 the population was 8,737 showing a population growth of 9.5% in the area during that time. The predominant age group in Benowa is 40-49 years. Households in Benowa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Benowa work in a professional occupation. In 2011, 74.6% of the homes in Benowa were owner-occupied compared with 72.6% in 2016.

Benowa has 4,350 properties. Over the last 5 years, Houses in Benowa have seen a 88.08% increase in median value, while Units have seen a 70.25% increase. As at 31 October 2024:

  • The median value for Houses in Benowa is $1,683,692 while the median value for Units is $921,016.
  • Houses have a median rent of $1,115 while Units have a median rent of $850.
There are currently 47 properties listed for sale, and 9 properties listed for rent in Benowa on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Benowa.

Suburb Insights for Benowa 4217

Market Insights
Benowa Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Benowa Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.