Set on a substantial 1,483m² parcel in an elevated Banora Point position, this is a rare and highly flexible property offering with strong income, multiple living options and future upside. Comprising a large main dwelling plus a separate council-approved granny flat, the property will appeal to extended families, investors, SMSF buyers and those seeking a home with supplementary income. With separate driveway and entry access to both dwellings, plus potential subdivision or redevelopment upside subject to council approval, this is a versatile holding in a convenient location close to shops, schools, the M1 and the Southern Gold Coast.
10 Sexton Hill Drive:
10 Sexton Hill Drive refers to the upper level of the main dwelling, being the larger residence positioned toward the front/central part of the property. This level offers a spacious family-sized floorplan with four bedrooms, multiple living zones and a layout that allows plenty of room to spread out. The generous open plan living and dining area, large kitchen and oversized multi-purpose space make it well suited to larger families, buyers needing work-from-home flexibility, or those wanting extra internal living. There is also covered outdoor space that adds to the home's usability and creates a great area for entertaining or day-to-day family life. As the upper level of the main home, it provides the scale and functionality that many buyers struggle to find.
10B Sexton Hill Drive:
10B Sexton Hill Drive is the converted downstairs area of the main large dwelling, forming a self-contained lower level beneath 10. It includes its own living, kitchen, bedroom accommodation, bathroom and private courtyard space, making it a valuable and flexible part of the overall property. This area could suit extended family, older children wanting their own space, guest accommodation, or it can continue to serve as an income-producing component alongside the rest of the holding. Its separation from the upstairs level adds to the practicality of the setup and broadens the property's appeal to a wide range of buyers. Importantly, it contributes to the overall income profile while still being part of the main residence structure.
10A Sexton Hill Drive:
10A Sexton Hill Drive is the separate council-approved granny flat, positioned to the right-hand side of the property as you look at it from the street. This residence has its own separate driveway and entry access, which makes it feel independent from the main dwelling and enhances both privacy and functionality. The floorplan is, open plan living, a large kitchen, garage, carport and outdoor entertaining space, creating a comfortable standalone home in its own right. This is a major part of what makes the property so unique, as it gives buyers the ability to accommodate family members nearby without being on top of each other, or alternatively live in one home and derive income from the other. For investors and SMSF buyers, it also strengthens the holding income and overall appeal of the asset.
Key Features:
• 1,483m² elevated block in Banora Point
• Flexible property configuration with multiple living and income options
• 10 Sexton Hill Drive - upper level of the main dwelling with 4 bedrooms, multiple living zones and covered outdoor space
• 10B Sexton Hill Drive - self-contained downstairs area of the main dwelling with its own living, kitchen, bathroom and courtyard
• 10A Sexton Hill Drive - separate council-approved granny flat positioned to the right of the property as viewed from the street
• Separate driveway and entry access to both the main dwelling and the separate dwelling
• Combined rental income of approximately $102,000 per annum
• Excellent option for extended families wanting proximity with independence
• Ideal for buyers wanting to live in one residence and use the other accommodation for supplementary income
• Attractive high-income asset for investors and SMSF buyers
• Zoned R2 Low Density Residential
• Planning advice already obtained indicating potential future 2-title outcome, subject to council approval
• Potential pathways may include conventional subdivision into 2 Torrens title lots or strata subdivision via dual occupancy approval, subject to council approval
• Bushfire prone land considerations apply, and buyers should make their own enquiries with council and relevant consultants
• Convenient location close to shops, schools, sporting facilities, Banora Point amenities, Tweed Heads, the M1 and the Southern Gold Coast beaches
Properties with this level of flexibility are hard to replace because they appeal to so many different buyer types at once. For some, it will be the ideal setup for a joint family purchase where everyone can be close by while still maintaining their own space. For others, it will be a high-income investment with strong existing returns and future upside. Add in the planning advice already obtained around subdivision potential subject to council approval, and this becomes a property with genuine appeal today as well as clear longer-term possibilities. Opportunities like this do not come along often, particularly when they combine immediate income, flexible living and future potential in one holding.
