SOLD
Sold on 04 Sep 2024 for $730,000

5/23 Tristan Court
Benowa QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 231m2
Sold By
taylorsproperty.com.au
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Property Details for 5/23 Tristan Ct, Benowa

5/23 Tristan Ct, Benowa is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1992. The property has a land size of 231m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Townhouse sold in Benowa in the last 12 months.

Building Type
Townhouse
Year Built
1992
Floor Size
92m2
Land Size
231m2
Local Government
Gold Coast City
Lot/Plan
5/GTP2943

Last Listing description (September 2024)

Bargain hunters, savvy investors and astute buyers will need to act fast to secure this exceptional buying opportunity. The property currently has tenants in place until May 2025 paying $690 per week, however based on current market value the projected rental return will readily achieve in excess of $750 per week.

This stylish 3 bedroom, 2 bathroom single level villa has been recently refreshed throughout with new paint and carpet plus additional cosmetic enhancements. Spacious open plan living leads to your own private courtyard further amplifying the sense of space on offer. This outdoor leisure zone has the scope for additional improvement, providing you with a myriad of options to create your own secluded sanctuary whilst adding further value. Separate gate entry also allows direct street entry/exit. A great size laundry plus an internal access garage and second car accommodation offers added convenience. Being an end villa, you also have the added bonus of extra privacy and only one common adjoining wall.

Set in a beautifully maintained boutique complex with excellent facilities including pool, spa, undercover barbecue area, tennis, security entry and visitor parking. The ultra convenient location affords an abundance of lifestyle conveniences on your doorstep including Benowa Gardens Shopping Centre, dining & cafes, sports and recreational clubs, quality schooling, hospital + medical outlets and public transport. In addition, you are less than a 10 minute drive to the beach, Broadbeach shopping and social hub to the south and the re-evolving Southport to the north.

Features:
- Pool, spa, tennis, covered entertaining with BBQ, security entry
- 3 bedrooms, 2 bathrooms including master ensuite
- Separate laundry + internal access garage + second car accommodation
- Air conditioned, ceiling fans + refreshed decor throughout
- Private courtyard with scope to further enhance

Whilst the property lacks presentation, it is in excellent condition throughout and with a little bit of decorative flare, it will realise its full potential.

Seize this dual-purpose opportunity and invest in a property that offers immediate returns whilst guaranteeing powerful capital growth. Alternatively, for those that are looking for their future home, you have the choice to secure this property now and move in later.

Act quickly?properties like this don't stay on the market for long!
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Property History for 5/23 Tristan Ct, Benowa, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$730,000
04 Sep 2024
  • 04 Sep 2024
    Sold for $730,000
  • 25 Aug 2024
    Listed for Sale Not Disclosed
  • 28 Sep 2002
    Sold for $152,000
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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 10 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

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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.