House for sale

29 Wallaby Way,

Pimpama, QLD

2 1 0
$1,895,000

LAND BANK IN THE GOLD COAST'S GROWTH CORRIDOR

A huge 4.09-hectare (10 acre) site in the booming northern Gold Coast growth corridor presents an opportunity to land bank for possible future development while still earning an income today.

Lot 5 Wallaby Way in Pimpama is sited at the end of Yawalpah Rd and is in close proximity to established infrastructure such as the Pimpama Junction Shopping Centre, Gainsborough Greens Golf Course, schools, and the M1 Motorway.

While still zoned rural residential, the phenomenal growth of the area presents the prospect to take advantage of potential rezoning in the future (subject to Council approval).

The site presently includes a small cottage providing a weekly income and the opportunity to run horses or cattle.

Pimpama's population growth has increased more than 350 per cent over the last 10 years with a combination of investors and young families largely buying into new residential estates, with a number of developments either underway or in the planning.

Priced at $1.89 million, this is a rare chance to take advantage of a large land holding with the upside of development potential in the future.

For more information contact Winson Woo from Ray White Sovereign Islands on 0410 571 679.

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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.
Last updated: 02:17PM on Jul 22nd 2017
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