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40/370 Gainsborough Drive
Pimpama QLD 4209

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
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Property Details for 40/370 Gainsborough Dr, Pimpama

40/370 Gainsborough Dr, Pimpama is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom Townhouse sold in Pimpama in the last 12 months.

Building Type
Townhouse
Floor Size
185m2
Local Government
Gold Coast City
Lot/Plan
40/SP294774

Last Listing description (October 2024)

This stylish townhouse presents an ideal combination of contemporary living and low-maintenance convenience within a meticulously maintained complex, complete with a large pool and beautifully maintained tropical gardens.

Featuring 4 bedrooms, 2 bathrooms, plus a convenient powder room on the ground floor for easy access, this townhouse also offers 4 car spaces, as well as ample visitor parking ensuring convenience for guests.

The stylish kitchen, complete with stone benchtops and modern appliances, sets the stage for culinary creativity.

Upstairs, the master bedroom awaits with a spacious walk-in robe and ensuite, providing a luxurious retreat. Three additional bedrooms, each with their own built-in robes, offer ample accommodation for family or guests.

Perfect for astute investors or families, this property guarantees comfort, ease, and strong rental returns. With its sleek, modern design throughout, the home offers a spacious and welcoming ambiance, making it equally suited as a comfortable residence or a rewarding investment opportunity.

Ground floor property features:
• Modern kitchen with stainless steel appliances including a dish washer.
• Open plan living and dining.
• Separate laundry.
• Air conditioning and ceiling fans throughout.
• Powder room.
• Plenty of storage.
• Double Lock up garage with internal access and driveway parking for two additional cars.
• Low maintenance fully fenced courtyard.

Second level features:
• Master bedroom with ensuite and a spacious walk-in robe
• Additional bathroom with a bathtub
• Three well-appointed bedrooms, each with built-in wardrobes
• Additional living area, perfect for media, study or second living area/TV room

Complex feature:
• Modern architectural design.
• Beautiful and landscaped gardens.
• On-site managers with experience
• Large swimming pool with BBQ area

THE NUMBERS:
Body Corporate: Approximately $59 per week.
Council Rates: Approximately $1,300 per half year.
Water Rates: Approximately $416 per quarter.
Rental Appraisal: $670 per week.

Tenanted until November 2024

Location Highlights:

• 5-minute walk to Gainsborough State School and local buses
• 5-minute walk to Bim’Bimba Park
• 10-minute drive to Westfield Coomera
• Easy access to scenic bike trails (14 kms)
• 5-minute drive to Brisbane and Gold Coast motorway
• Nearby shopping at Pimpama Junction and Pimpama City
• Future amenities including a new train station next year
• Close to parks, golf courses, and more

Conveniently located halfway between Brisbane and the Gold Coast, this townhouse is perfect for commuters. With a current tenant in place, it’s a fantastic investment opportunity promising high rental returns and exceptional management.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these details, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 40/370 Gainsborough Dr, Pimpama, QLD 4209

A timeline of how this property has performed in the market
Last Sold
01 Oct 2024
  • 04 Sep 2024
    Sold for $706,000
  • 26 Aug 2024
    Listed for Sale Expressions of Interest
  • 27 Sep 2017
    Sold for $459,900

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About Pimpama 4209

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 10,684 properties. Over the last 5 years, Houses in Pimpama have seen a 80.92% increase in median value, while Units have seen a 106.87% increase. As at 31 October 2024:

  • The median value for Houses in Pimpama is $863,047 while the median value for Units is $680,815.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 54 properties listed for sale, and 47 properties listed for rent in Pimpama on OnTheHouse. According to CoreLogic's data, 853 properties were sold in the past 12 months in Pimpama.

Suburb Insights for Pimpama 4209

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Hayleigh Mcauliffe
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Arki Truscott
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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.