11 Schofield St, Pimpama is a 4 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 472m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom DuplexSemi-detached sold in Pimpama in the last 12 months.
Seize the chance to secure this exceptional investment opportunity! With a current rental return of 5.1% (5.3% upon commencement of the new lease term next month), and the potential to elevate it to 6%+ in current market conditions, this property promises outstanding value. Nestled in one of the Gold Coast's highest growth suburbs, it embodies the epitome of prime real estate investment. Don't miss out on the chance to capitalise on this lucrative proposition!
Currently returning $1,030 per week rent under 2 seperate leases.
Unit 1 - 3 Bed, 2 Bath, 1 Car - Currently leased at $570 per week until 19/5/2025 (Market rent $700)
Unit 2 - 1 Bed, 1 Bath, 1 Car - Currently leased at $460 per week ($500 p/w from 25/4/24) until 25/4/25 (Market rent $570)
Features:
- 1 Bedrooms - Master bedroom
- Large Central bathroom
- Ceiling fans throughout
- Spacious open plan living
- Designer kitchen, quality stone bench tops and stainless steel appliances
- Air conditioning
- Good size covered entertaining area
- Fully fenced spacious yard
- Single lock up garage
Located in the newly developed estate in Pimpama called 'The Heights'.
Located close to:
* Pimpama City Shopping Centre (Coles, Aldi, chemist, specialty stores)
* Pimpama Tavern (walking distance)
* Brand new Pimpama train station (under construction)
* Pimpama Sports Hub (multiple indoor & outdoor pools, gym, bistro, tennis & netball courts, walking trails)
* Multiple primary & secondary schools + early learning centres
* Bus stops (walking distance)
* Westfield Coomera (11 minute drive)
* Costco (11 minute drive)
* Dreamworld theme park (12 minute drive)
* Uniquely almost midway between major job centres of Brisbane CBD & heart of Gold Coast
Contact Jesse today on 0419 989 669 for more information.
The size of Pimpama is approximately 41.4 square kilometres. It has 34 parks covering nearly 13.3% of total area. The population of Pimpama in 2011 was 3,211 people. By 2016 the population was 9,392 showing a population growth of 192.5% in the area during that time. The predominant age group in Pimpama is 0-9 years. Households in Pimpama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pimpama work in a trades occupation. In 2011, 42.1% of the homes in Pimpama were owner-occupied compared with 29% in 2016.
Pimpama has 10,623 properties.
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