Back 1 Alinjarra Drive
Off Market

1 Alinjarra Drive

Tugun QLD 4224

4
2
4
House
John ParkesJohn Parkes, last sold this property on 02 October 2023 after 26 days on market.

Overview

Versatile Two-Story Home on Massive Corner Block

Contact us to arrange your private inspection! Nestled on an expansive 1036m2 corner block, this remarkable two-story home beckons with the promise of lucrative development and robust rental return possibilities. While meticulously preserving its original charm, this residence has been thoughtfully designed for versatile, multi-purpose living, making it an enticing prospect for developers looking to maximize their return on investment. Whether your strategy involves subdivision, expansion, or adaptive reuse, this property lays a solid foundation for realizing your development objectives. This property holds immense appeal for savvy investors seeking a strategically positioned asset primed for rental income optimization. Its unique configuration and potential for separate living spaces provide an opportunity to secure consistent rental returns, making it a compelling choice for those looking to bolster their investment portfolio in a high-demand market. Moreover, its enviable proximity to the beach adds an extra layer of allure, making it a highly desirable option for tenants and enhancing the property's potential for premium rental income in a sought-after coastal locale. Features You'll Love include: • Massive 1,036m2 corner block • Currently 4 bedrooms, 2 bathrooms • Development Potential (STCA) Street frontage 36.4m x 18.5m • 4 secure garage spaces • Fully fenced yard • Downstairs fully self-contained with private entrance and separate yard area • New side fencing and retaining walls • Heaps of storage space • 4 minutes to Tugun & Bilinga beaches (Approx) • Close to local cafes, restaurants, clubs and shops • Easy access to M1 motorway, John Flynn Private Hospital, Southern Cross University and Gold Coast Airport Tugun is rapidly becoming one of the most sought-after beachside suburbs on the Gold Coast, continuously growing and thriving. This represents a fantastic opportunity to acquire a unique property in a prime location. Don't let this exceptional opportunity pass you by! Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

4 bedrooms
2 bathrooms
4 carspaces
4 garage spaces
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Tugun over the last 12 months, the estimated median property value of 1 Alinjarra Drive is $1.64m.

Median value
$1.64m
Estimated value range
$1.1m - $2.29m
Median days on market
24
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Tugun. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Alinjarra Drive

2023
Sold
Undisclosed
Private Sale/Treaty on 02 Oct 2023 by John Parkes, of Ray White Tugun | Elanora

Happy sellers in Tugun

77%
77% of sellers in Tugun reported that their sale price either exceeded or met their price expectations.

Tugun stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Tugun over the last 12 months.

Local market activity for 4 bedroom houses in Tugun

In the last 12 months, 24 four-bedroom houses similar to 1 Alinjarra Drive, have been sold.

This represents a 71% decrease in four-bedroom houses sales when compared to the previous 12 months.

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