SOLD
Sold on 05 Mar 2024 for $615,000

4/5 Park Esplanade
Coomera QLD 4209

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
Land area: 223m2
Sold By
Coomera Realty Pty Ltd
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Property Details for 4/5 Park Esp, Coomera

4/5 Park Esp, Coomera is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2007. The property has a land size of 223m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Townhouse sold in Coomera in the last 12 months.

Building Type
Townhouse
Year Built
2007
Floor Size
134m2
Land Size
223m2
Local Government
Gold Coast City
Lot/Plan
4/SP191982

Last Listing description (March 2024)

Prime Investment Opportunity in Booming Location: High-Yield Townhouse Near Westfield Coomera

Nestled in an ideal location near the thriving walkable community of the Coomera Town Centre, this large townhouse presents a lucrative investment opportunity with a solid yield, currently fetching $480p/w with a future return of approximately $620p/w. Positioned in a high-demand area within the rapidly expanding South East Queensland property market, this home offers exceptional value for savvy investors and first home owners alike.

Boasting a modern and spacious design, this spacious townhouse overlooks lush parklands and local playgrounds, offering a serene living environment. Featuring three bedrooms, two bathrooms, and a convenient study nook, it caters to comfortable family living.

The master bedroom impresses with its generous proportions, walk-in robe, ensuite, and a private balcony overlooking the tranquil parklands. Bedrooms two and three are equally spacious, complete with sliding wardrobes and ceiling fans.

On the ground floor, a separate formal lounge room provides a cozy retreat, while the open-plan kitchen, family, and meals area create an inviting space for gatherings. Two separate designated living rooms is a true standout feature that sets this unit apart from the rest.

The contemporary kitchen is equipped with quality stainless steel appliances, an island bench, ample storage, rangehood, oven and electric cooktop with double fridge bay and plenty of space.

The home also features a French style laundry cupboard, downstairs powder room, split system air-conditioning and ceiling fans throughout, window furnishings and dual accessibility both front and rear.

Outside, the secured fenced yard with a sunny courtyard offers a safe haven for children and pets to play, complemented by a single lock-up garage with open access to the courtyard for additional parking of a small boat, camper trailer or jet ski.

*The images and video provided were taken and filmed in 2020. The home currently presents well however it should be noted that tenants have occupied the property since and the timber open-air alfresco has since been removed. Should you not be able to attend for an inspection in person we are happy to conduct a digital walk-through inspection.

Conveniently located near local IGA shopping centre, Coomera Rivers primary school, Parks and walking trains, public transport options and train station, this property offers easy access to the M1 highway for commuting to Brisbane or Gold Coast CBD.

With low body corporate fees and the potential for capital appreciation, this investment opportunity is not to be missed. Arrange your private inspection today by contacting our agents.

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 4/5 Park Esp, Coomera, QLD 4209

A timeline of how this property has performed in the market
Last Sold
$615,000
05 Mar 2024
Listed for Rent
$380/w
07 Apr 2020
  • 05 Mar 2024
    Sold for $615,000
  • 20 Feb 2024
    Listed for Sale Contact Agent
  • 09 Mar 2021
    Listed for Rent $370 / week
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About Coomera 4209

The size of Coomera is approximately 24.6 square kilometres. It has 33 parks covering nearly 9.8% of total area. The population of Coomera in 2011 was 8,792 people. By 2016 the population was 13,312 showing a population growth of 51.4% in the area during that time. The predominant age group in Coomera is 0-9 years. Households in Coomera are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coomera work in a trades occupation. In 2011, 42.9% of the homes in Coomera were owner-occupied compared with 36.8% in 2016.

Coomera has 9,016 properties. Over the last 5 years, Houses in Coomera have seen a 91.79% increase in median value, while Units have seen a 123.48% increase. As at 31 October 2024:

  • The median value for Houses in Coomera is $877,795 while the median value for Units is $659,335.
  • Houses have a median rent of $730 while Units have a median rent of $630.
There are currently 63 properties listed for sale, and 31 properties listed for rent in Coomera on OnTheHouse. According to CoreLogic's data, 546 properties were sold in the past 12 months in Coomera.

Suburb Insights for Coomera 4209

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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.