42 Pimpama Jacobs Well RoadPimpama QLD 4209
Property Details for 42 Pimpama Jacobs Well Rd, Pimpama
42 Pimpama Jacobs Well Rd, Pimpama is a 3 bedroom, 1 bathroom House with 7 parking spaces. The property has a land size of 851m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Pimpama in the last 12 months.
Last Listing description (March 2024)
Discover the pinnacle of investment potential with this prime real estate offering in the rapidly growing suburb of Pimpama. Situated on an 851 sqm lot, 42 Pimpama Jacobs Well Road is not just a home but a beacon of opportunity, zoned for Medium Density Residential use. This property is perfectly positioned to capitalise on the burgeoning development wave sweeping through Pimpama, making it an unmissable opportunity for investors and developers alike.
Investment Highlights:
Prime Development Site: Zoned for Medium Density Residential, this property is a golden ticket for developers looking to tap into Pimpama's dynamic growth. With the suburb serving as a critical node in the Gold Coast-Brisbane corridor, the potential for residential or mixed-use development is immense.
Robust Rental Returns: Currently offering a comfortable 3-bedroom, 1-bathroom home with a rental assessment of $700 per week, this property presents a lucrative cash flow opportunity while awaiting development.
Surrounded by Development and Infrastructure Projects: The property is enveloped by significant local developments, including upgrades to nearby M1 access ramps, the expansion of Pimpama Shopping Centre, and the construction of the new Pimpama train station, all of which amplify the location's desirability and future value.
Property Features:
A cosy single-storey weatherboard home featuring 3 bedrooms, a practical bathroom, and functional living spaces.
Ancillary structures, including a 66 sqm shed and a 43 sqm air-conditioned, fully lined shed, offer additional utility or rental opportunities.
Basic gardens and a tandem attached carport complement the living experience, with the entire property presented in very marketable condition for renting.
A Future-Proof Investment:
With the local and regional economy showing signs of above-average fluctuation, Pimpama stands out as a pocket of growth and development potential. The zoning, combined with the property's unique features and strategic location, positions 42 Pimpama Jacobs Well Road as a cornerstone for future development projects.
Seize this unparalleled development opportunity in one of Queensland's fastest-growing suburbs. This property is a canvas ready for transformation, promising substantial returns on investment through both rental income and development potential. Contact us to explore the possibilities and envision the future at 42 Pimpama Jacobs Well Road.
On behalf of Smyth RE, we wish to inform you that this property is offered for sale through auction, and as a result, we are unable to provide a price guide in line with QLD regulations. It should be noted that the property might have been placed into a price bracket by the website for operational purposes.
AUCTION DETAILS: Auction On-site, 42 Pimpama Jacobs Well Road, Pimpama on Thursday 21 March at 12pm
Private inspections available upon request.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 42 Pimpama Jacobs Well Rd, Pimpama, QLD 4209
- 21 Mar 2024Sold for $850,000
- 27 Feb 2024Listed for Sale Auction
- 30 Aug 2000Transferred for $20,000
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0About 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 10,683 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.
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