OFF MARKET

27-31 Marika Way
Currumbin Waters QLD 4223

Bedrooms: 8
Bathrooms: 3
Car spaces: 2
Floor area: 186m2
Land area: 6822m2
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Property Details for 27-31 Marika Way, Currumbin Waters

27-31 Marika Way, Currumbin Waters is a 8 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 6822m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1980
Floor Size
186m2
Land Size
6822m2
Local Government
Gold Coast City
Lot/Plan
49/RP126584

Last Listing description (September 2023)

If you're looking for two separate houses in a peaceful suburb that is still only a short drive to the beach, this dual living acreage opportunity is your answer.
Situated on over 6822m? this fantastic property already has so much to offer and tons of potential for your own imagination. Spotlessly clean and immaculately maintained the property exudes character and is immediately liveable while you contemplate your plans on how to make it your own.
An acre and 3/4 block offering you a vast variety of fruit trees ranging from Mango trees, Avocado trees, mandarins, red ruby grapefruit, orange and much, much more.

There are two very separate homes on site both offering their own aspect and individuality. The larger main residence is at least 3 bedrooms with 2 other rooms, a main bathroom and an ensuite. This home offers a very flexible design and has multiple living options pending on individual requirements. The central lounge is a double brick hexagonal living area with raked ceiling and an open fireplace. Upstairs follows the design and would be a great parental retreat, homework space, gym or yoga room, rumpus room or kids play area. The main residence also has a very private pool /entertainment area as a feature overlooking the land.
The second residence is a totally separate identity with its own aspect away from the main home, it consists of 3 bedroom and 1 bathroom along with a double garage and an undercover entertainment area and a fully fenced private yard.
The rental income will impress you. The main is estimated to achieve $1200 pw and the smaller home $750 - $800 pw based on recent rental activity in the area. The smaller home has been listed on AIR BNB for the previous 6 months and has generated approx $28k in income. Please request income statements if interested. Both homes are separately metered and have solar.
Only minutes to some of the Gold Coast best beaches and Currumbin Rock Pools. A choice of shopping centres includes The Pines Shopping Centre or Currumbin Fair Shopping Centre. Positioned in the catchment zone for Palm Beach Currumbin High School. Barely a 7-minute drive to our vibrant restaurant/caf? strip. The Gold Coast Airport is only a short 12-minute drive away. Many locals in the area have horses on similar or smaller sized lots.

Property History for 27-31 Marika Way, Currumbin Waters, QLD 4223

A timeline of how this property has performed in the market
Last Sold
$1,600,000
12 Jul 2023
Listed for Rent
$500/w
21 Oct 2019
  • 12 Jul 2023
    Sold for $1,600,000
  • 23 May 2023
    Listed for Sale $1,650,000 Negotiable
  • 19 Jul 2022
    Sold for $1,500,000
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About Currumbin Waters 4223

The size of Currumbin Waters is approximately 10 square kilometres. It has 17 parks covering nearly 9.2% of total area. The population of Currumbin Waters in 2011 was 8,882 people. By 2016 the population was 9,125 showing a population growth of 2.7% in the area during that time. The predominant age group in Currumbin Waters is 50-59 years. Households in Currumbin Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Currumbin Waters work in a professional occupation. In 2011, 72.1% of the homes in Currumbin Waters were owner-occupied compared with 73.7% in 2016.

Currumbin Waters has 4,359 properties. Over the last 5 years, Houses in Currumbin Waters have seen a 79.28% increase in median value, while Units have seen a 94.77% increase. As at 31 October 2024:

  • The median value for Houses in Currumbin Waters is $1,389,243 while the median value for Units is $853,954.
  • Houses have a median rent of $950 while Units have a median rent of $775.
There are currently 29 properties listed for sale, and 9 properties listed for rent in Currumbin waters on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Currumbin waters.

Suburb Insights for Currumbin Waters 4223

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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.