19/447 Pine Ridge Road, Runaway Bay

3 2 1 266m2


TUNE IN all investors as this is one amazing opportunity to build equity and make a profit. If you're looking to invest then you can't go past the sensational gross yield that this home could offer. Currently rented to good tenants for a weekly figure of $370 they are open minded about a new lease or flexible to move on for those who want to live in the home. The potential rental return is in excess of $410/ week with similar homes renting up to $425 per week.

Prospects such as this are in short supply and with an *approximate gross yield of 6.24 % this is affordable housing at its finest.

Upon entry you will be greeted by vaulted ceilings and an open stairwell with high windows that floods the home with natural light.

Moving through the downstairs area you will find the fully renovated and central kitchen which is larger than you would expect in a townhouse. You will be impressed with the engineered stone bench tops, stainless steel appliances as well as the size and functionality of this kitchen.

The adjoining living area offers a flexible arrangement for both lounge and dining areas. This fully tiled space is low maintenance and spacious with large windows on every wall that look over the huge outdoor alfresco and private backyard.

The Colorbond outdoor entertainment area is easily the largest I have seen in a townhouse. The 7.3x6.5m area stretches along the back wall of the home and offers plenty of space to entertain.

The remaining backyard is both flat and usable. With low maintenance landscaping, garden shed and huge side access or just a great place for the children to enjoy! With no rear neighbours this is the perfect backyard to call home.

Upstairs you will find the three bedrooms all with ducted air conditioning. Recently finished with new carpet, modern light fittings and a bright décor throughout. These bedrooms are again larger than the standard size and each room hosts ceiling fans, built in mirrored wardrobes and large windows with roller blinds. The master bedroom also has a walk in wardrobe and private ensuite and wall to wall windows.

There is plenty of storage fitted throughout the home and additional features include a separate powder room downstairs, downstairs split system air conditioning, upstairs ducted air conditioning, linen closets and a decent sized laundry space in the large single remote garage which has been stylishly renovated.

In addition to the actual home, the gated security complex also offers a clean, tidy and inviting swimming pool area, immaculate care with the garden and upkeep of the estate and wonderful on site managers. This is a tight run, friendly estate largely accommodating long term owners occupiers that all take pride in their homes with only 2 of the 18 villas being tenanted at present.

This is an opportunity to take the plunge and purchase into a carefree lifestyle where all the subtle differences make this home different from the rest! Come along to one of our open homes or give Sophie a call before this perfect package is purchased!

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

* Yields and rental returns are approximations only and further financial guidance is advised

Property Type Townhouse

Land Size 266 m2

Price Sold - $355,000

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Sophie Watts

As one of the top performing agents for the Northern Gold Coast for the past 14 years, Sophie is dedicated to achieving the best results for her clients and maintains her reputation for superior service to everyone she deals with. A specialist in residential home sales, Sophie has a fresh approach to marketing and advertising using social media, in-house video creation, a high level of expertise, knowledge and promotion insight. Sophie has credited her success to hard work, a friendly approach and a vision to be the very best. Sophie’s infectious and enthusiastic approach to all aspects of the business is an asset to her long lasting and successful career.

Sophie’s outstanding results truly speak for themselves both based on volume, client testimonial and above all Sophie delivers top sale prices year after year. Since starting in the real estate industry in 2007, Sophie has had a passion for property which has driven her to achieve phenomenal success from a young age as a hardworking and determined career agent. Sophie is a fully Licensed Real Estate Agent with over a decade of industry expertise and results.

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