SOLD
Sold on 30 Jul 2024 for $1,160,000

1 Palomino Drive
Mudgeeraba QLD 4213

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 4000m2
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Property Details for 1 Palomino Dr, Mudgeeraba

1 Palomino Dr, Mudgeeraba is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 4000m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Mudgeeraba in the last 12 months.

Building Type
House
Year Built
1990
Land Size
4000m2
Local Government
Gold Coast City
Lot/Plan
432/RP161179

Last Listing description (April 2024)

Auction Location: ON SITE

Sold at auction!
Contact Dennis for details. More buyers ready now.

A golden opportunity presents itself only rarely, so be quick to secure this brick house on 1 acre with pool, on a fully usable 4000m2 allotment (approx 1 acre) backing onto the creek in the tranquil rural setting of Mudgeeraba. The property offers an enviable lifestyle with enormous potential, only 2 minutes from Mudgeeraba shopping town and so close to all the action and facilities the Gold Coast has on offer.

Be prepared to roll up your sleeves and reap the rewards for your efforts as you set yourself and your family for a secure future in this excellent location. The gently sloping, elevated corner block comprises a 3 bedroom brick and iron roof house with 2 bathrooms (master ensuite), separate utility room or 4th bedroom, covered patios front and rear, plus a separate games room with 3rd toilet and space for additional shower. This room is ideal for a teen's retreat/granny flat/man cave or generous work from home office, meeting room and store.

Ample parking space is provided, with single garage and covered carport plus plenty of room for more vehicles. The tropical pool setting guarantees hours and hours of family fun get togethers, the cleared yard and natural bush landscape is simply a great place to raise a family. Ample space and easy access for a huge shed/workshop or potential second dwelling (STCA).

Features at a glance include: -

* 3 spacious bedrooms with robes and ceiling fans, 2 with air conditioning
* Master bedroom with ensuite, main bathroom with bathtub
* Freshly painted interior, generous living area with raked ceilings & air conditioning
* Ceramic and cork tiled flooring throughout
* Separate laundry and utility room/4th bedroom
* Covered patios front and rear
* Ample parking on gently sloping corner block, single lockup garage & carport
* Tropical in-ground pool with exposed aggregate surrounds
* Cleared yard and lawn areas for kids and pets to play and grow
* Loads of space for a large shed with easy, level vehicle access
* Town water plus 2 x rainwater tanks
* 4000m2 block backs onto Bonogin Creek (not on the lot)
* Adjacent to Hardys Bonogin Road Junction Park

What you will need: -
* A new kitchen would be a priority
* Gardens are cleared and ready for some regular TLC, watering system installed
* Bathrooms are clean and well maintained
* Games room is ready for the addition of shower in bathroom, plus a kitchenette or bar for the man cave if desired
* Pool fence is ready for an upgrade
* The potential is massive, limited only by your imagination!

This Mudgeeraba address is only minutes from Mudgeeraba Creek SPS ( 0 - 6), with Clover Hill, Somerset College, King's and Hillcrest all only minutes away. 4 minutes to the M1 Motorway, 5 minutes Robina Town Centre for world class shopping, dining and entertainment, Robina hospitals (public and private), train station, stadium and a host of quality golf courses. All this is on your doorstep and you can be at fabulous Gold Coast beaches in around 20 minutes.

If you thought raising your family on acreage in the Gold Coast was out of reach, then this is the opportunity you have been searching for.

Auction on site Saturday 18th November @ 1.30pm.
Offers welcome prior to auction.

Absolutely must be sold so look for open home times and call or email for more information.

Disclaimer:
Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquires. This business is independently owned and operated by Emerald Coral Pty Ltd t/as McDermott Residential ABN 51 811 642 130

Property History for 1 Palomino Dr, Mudgeeraba, QLD 4213

A timeline of how this property has performed in the market
Last Sold
$1,160,000
30 Jul 2024
  • 30 Jul 2024
    Sold for $1,160,000
  • 18 Nov 2023
    Sold for $990,000
  • 24 Oct 2023
    Listed for Sale Auction Sat 18th Nov ON SITE @ 1.30pm
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About Mudgeeraba 4213

The size of Mudgeeraba is approximately 25.8 square kilometres. It has 25 parks covering nearly 9.1% of total area. The population of Mudgeeraba in 2011 was 13,203 people. By 2016 the population was 13,615 showing a population growth of 3.1% in the area during that time. The predominant age group in Mudgeeraba is 40-49 years. Households in Mudgeeraba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mudgeeraba work in a professional occupation. In 2011, 68.3% of the homes in Mudgeeraba were owner-occupied compared with 70.8% in 2016.

Mudgeeraba has 5,600 properties. Over the last 5 years, Houses in Mudgeeraba have seen a 96.86% increase in median value, while Units have seen a 103.92% increase. As at 31 August 2024:

  • The median value for Houses in Mudgeeraba is $1,222,219 while the median value for Units is $791,035.
  • Houses have a median rent of $850 while Units have a median rent of $720.
There are currently 39 properties listed for sale, and 13 properties listed for rent in Mudgeeraba on OnTheHouse. According to CoreLogic's data, 246 properties were sold in the past 12 months in Mudgeeraba.

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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.