OFF MARKET

42/400 Pine Ridge Road
Coombabah QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 383m2
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Property Details for 42/400 Pine Ridge Rd, Coombabah

42/400 Pine Ridge Rd, Coombabah is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1996. The property has a land size of 383m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1996
Floor Size
115m2
Land Size
383m2
Local Government
Gold Coast City
Lot/Plan
17/GTP105688

Last Listing description (January 2023)

Solid and spacious this tidy townhome would make the ideal home or investment. Currently tenanted to great tenants on a periodic tenancy, you have the option to re-sign the lease or make this vacant for sale. Location wise you are less than 10 minutes drive to the water, university, hospitals and major shopping outlets. This complex is well maintained and the address sits within a quiet and leafy pocket. Amazing facilities including pool and tennis court will impress your visitors and the complex is nice and secure.

HIGHLIGHTS
- A/C to lounge and master bedroom

- 3 Bedrooms all with robes (incl walk in robe to master)
- 2 + 1 Bathrooms (incl ensuite to master)
- 1 Garage
- Enclosed back yard perfect for entertaining
- Balcony off upper bedroom
- Covered outdoor entertaining
- Easy-care tiles to lower level
- All bedrooms on upper level
- Great kitchen with dishwasher and storage
- Currently tenanted but can be vacant by first week in January. Market rent +/- $575 per week.
- Body Corp approx $69 per week including insurance levy (figures are paid quarterly)

LOCATION
- 1.7km (4min drive) to Runaway Bay Shopping Centre and ammenities
- 2km (4 min drive) to Harbourtown Shopping Centre
- 2.8km (6 min drive) to the Broadwater and Parks
- 6km (10min drive) to Griffith University and Gold Coast Hospitals

*All driving times approx

DISCLAIMER
We have used our best endeavours to make sure the above information is true and accurate. However, buyers should not rely on this information and are encouraged to make their own enquiries to verify all information. Our agents and agency accept no liability for any errors or omissions. Buyers are encouraged to seek independent legal advice with respect to the property and entering into a contract of sale.

Ripe for renovation to improve yield.

Tidy complex central to Harbourtown, M1, Westfield and University

Call Kevin Brown today for more info 0417 648 001

Property History for 42/400 Pine Ridge Rd, Coombabah, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$516,000
01 Dec 2022
  • 01 Dec 2022
    Sold for $516,000
  • 17 Nov 2022
    Listed for Sale Offers over $499,000
  • 01 May 1997
    Sold for $177,500

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About Coombabah 4216

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:

  • The median value for Houses in Coombabah is $934,782 while the median value for Units is $683,515.
  • Houses have a median rent of $730 while Units have a median rent of $728.
There are currently 45 properties listed for sale, and 5 properties listed for rent in Coombabah on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Coombabah.

Suburb Insights for Coombabah 4216

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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.