8 Penelope CourtBenowa QLD 4217
Property Details for 8 Penelope Ct, Benowa
8 Penelope Ct, Benowa is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 658m2 and floor size of 265m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (December 2021)
A low maintenance, DUAL LIVING, 6 bedroom home located in a quiet little pocket in Benowa nearby St Kevin's Catholic School and Benowa State High School. This warmly lit home could not be more central to all the fantastic lifestyle features and infrastructure the city has to offer and Ray White is proud to present this in-demand property to the market.
Due to personal circumstances, this home has regretfully listed on the open market and will be auctioned as soon as interest warrants. The owners have no intention of holding the property past auction and are inviting all reasonable offers to be made prior to auction day.
This fantastic dual occupancy residence comprises a 3 bedroom upstairs home and an attached, fully self contained, separately metered, 3 bedroom 'apartment' downstairs. The home is listed on all the major short term holiday platforms and is a registered Airbnb business, incredibly rare for the area. Although attached, upstairs and downstairs have separate entry points providing privacy for all occupants.
Very rarely does a house with so many living possibilities present itself to the market.
Features:
- Income producing property
- Potential retirement strategy
- Dual living for extended families
- Renovated, fully self contained downstairs 'apartment'
- Separate access for upstairs and downstairs
- Elevated, suburban hinterland views
- Room for boat or caravan
- Split A/C
- Large pool
- Quiet end of cul-de-sac position
- Only 2 minutes to local shopping centres and facilities
- Only 2 minutes to Pindara Hospital and other medical clinics/facilities
- Only 10 minutes to the Gold Coast's most beautiful beaches and surf clubs
- Only 15 minutes to the Gold Coast's largest shopping centres
- Only 40 minutes to Coolangatta Airport
Outgoings:
- Rates $2,000/annum (approx)
- Water $2,100/annum (approx)
- Electricity Upstairs $1,500/annum (approx)
- Electricity Downstairs $1,100/annum (approx)
Income (at full occupancy)
- $110/night (2 guests + $15/night for every additional guest)
- Gross return of $54,750/annum (based on $150 average nightly return at full occupancy)
Property History for 8 Penelope Ct, Benowa, QLD 4217
- 13 Mar 2021Sold for $880,000
- 02 Feb 2021Listed for Sale AUCTION
- 11 Jun 2003Sold for $468,000
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0About 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 4,349 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.
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