12 Iando St, Coombabah is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 506m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Finally hitting the market after 30-odd years is this original brick home about 100m from the Coombabah river front. If you are a keen fisherman then you are in a very handy position to launch the boat and go fishing or crabbing.
So if you appreciate a valuable location then this tightly held property is for you!
Still with typical features of that era, including:
Please understand, this is an original untouched home and the value is in the location and land size.
Homes like this are rarely offered for sale as they are located just footsteps to the river, minutes to the Broadwater and is close to schools, local bus stops, the Helensvale train station and Harbour Town Shopping Centre.
Currently tenanted on a periodic lease to a very, very long term original tenant and kept at a low rent. Market rent for this property would fetch $450 per week.
Area Information:
Coombabah, a residential suburb and wetland area, is immediately west of Runaway Bay and Hollywell, Gold Coast. The wetland adjoins Coombabah Lake, the mouth of the Coombabah Creek, just before the creek joins the Coomera River.
Coombabah was a residential extension of Hollywell and Paradise Point, taking advantage of the wide creek mouth. During the 1990s and 2000s residential development proceeded along the boundary with Runaway Cove. The Coombabah Lake wetlands (partly in Arundel) received national recognition for their conservation and bird habitat qualities.
Coombabah is a mixture of older average homes and modern upmarket estates. There are State primary and high schools and a community hall and local shopping in Hansford Road.
The size of Coombabah is approximately 13.2 square kilometres. It has 21 parks covering nearly 32.5% of total area. The population of Coombabah in 2011 was 9,774 people. By 2016 the population was 10,387 showing a population growth of 6.3% in the area during that time. The predominant age group in Coombabah is 60-69 years. Households in Coombabah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coombabah work in a trades occupation. In 2011, 63.2% of the homes in Coombabah were owner-occupied compared with 63.5% in 2016.
Coombabah has 5,313 properties. Over the last 5 years, Houses in Coombabah have seen a 89.40% increase in median value, while Units have seen a 94.44% increase. As at 31 October 2024:
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