Withheld
$159,093
Confidence
Moderate
High
$1,578,000
Medium
$1,455,000
Low
$1,332,000
Confidence
Moderate
"Perched high on Currumbin Hill, this stunning 3 story home offers breathtaking ocean views from Currumbin to Coolangatta. Overlooking the treetops of the Currumbin Wildlife Sanctuary, the waves crashing at Flat Rock Beach are clearly visible. With Pacific Ocean views from all three levels, including from the pool, you wont need to check the surf report again. From the front rooftop balcony there are more panoramic ocean views stretching from Currumbin Alley to Surfers Paradise skyline and right across the Hinterland. Stunning sunrises and sunsets on offer each day. This robust family home, built with double brick and suspended concrete slabs, is not only livable, but also offers immense potential for transformation into a premier residence on the southern Gold Coast with the right design and renovation. Property Highlights 3 story home with a rooftop balcony above garage Swimming pool overlooking the Pacific Ocean 4 bedrooms, 2 with walkins Office 2.5 bathrooms 2 living areas Bar Secret bar Laundry shute Spa house with enough room for a private health retreat or gym Large laundry Yard space with established gardens Located on the exclusive and highly coveted Pall Mall Avenue, this home enjoys a prime hilltop position with panoramic views. Currumbin is one of the most desirable suburbs on the Gold Coast and is on the rise to becoming one of the most valuable. The quality build, solid structure, and prime location make this property extremely attractive to discerning buyers. Key Features Unrivaled Views Panoramic ocean views from every level of the home. Elegant Living Spaces Multiple indoor and outdoor areas for hosting and relaxation. Natural Light Breezes Enjoy the benefits of abundant natural light and cool ocean breezes throughout. Prime Location Close to worldclass beaches, cafes, restaurants, a modern hospital, and a university. Convenient Access Easy access to Coolangatta Airport and the M1. Property Details Land Size A generous 506m block with a private garden and flat yard space. Parking Secure double lockup garage with plenty of offstreet parking. Outdoor Living Expansive outdoor areas and 3 separate full width balconies for enjoying the views. Bedrooms 4 Large Bedrooms, 3 with builtins Comfort Ceiling fans throughout for added comfort. Beaches Recreation Approx 1klm Radius from the home is Currumbin Beach and Currumbin Alley Approx 2.4 meters to Currumbin Vikings Surf Life Saving Club. Approx 3.3km to Pirate Park Dune Cafe Palm Beach. Approx 1.5klm to Corner Stone Stores and Cafe Approx 2.2klm to Flatrock park beach in Tugun Approx 2.8klm to Tugun Fruit Market Co and Tugun cafes, shops and restuarants School Catchments PBC High School Currumbin Primary School. Approx 1.3km to Currumbin State School. Approx 2.4km to Palm Beach Currumbin High School. University and Airport Approx 6klm Southern Cross University Approx 5.8km to GC airport Wake up to the sound of waves, enjoy coffee on your private balcony, and entertain guests in expansive living spaces with stunning ocean views. This home offers a luxurious, tranquil lifestyle with the convenience of nearby amenities. Dont miss this rare opportunity to own a piece of Currumbin Hills finest real estate. Contact us today to schedule your viewing and step into a world where the ocean meets the sky, and elevated coastal living is redefined. Disclaimer All information including but not limited to the property area, floor size, price, address and general property description is provided as a convenience to you and have been provided to Property Boutique by third parties. Property Boutique is unable to definitively confirm whether the information listed is correct or 100 accurate. Property Boutique does not accept any liability direct or indirect for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue but may change."
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93.5%
$1.97M
3.8%
$20,000
-$31,228
3.4%
2.8%
-12.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,435,000
Stamp Duty
$63,038
Transfer Fee
$5,533
Conveyancing
$1,665
Deposit (10%)
$143,500
Reg. Mortgage
$224
LMI Premium
$44,467
Renovation Costs
-
Total Cash/Equity Required
$258,976
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
Rates
+3.0% PA
$1,318
$1,720
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$40,627
$58,414
Interest Repayments
$85,239
$85,239
Net Cashflow Before Tax
-$44,612
-$26,825
Depreciation
-
-
Tax Offset
-$13,384
-$8,047
Net Cashflow After Tax
-$31,228
-$18,777
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,553,940
$2,809,154
Loan Balance
I.O
$1,291,500
$1,291,500
$262,440
$1,517,654
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Construction - 9.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price