10 Gilgandra Close
Reedy Creek, QLD 4227

Overview

Grande Metricon Ex-Display Home - The Observatory

Set high on the elevated side of a peaceful cul-de-sac within the prestigious Observatory, this expansive former Metricon display home presents a unique blend of quality craftsmanship, generous space, and refined family living. The residence spans two spacious levels, featuring soaring ceilings of 2.5 meters on the ground floor and 2.4 meters upstairs, offering a highly functional layout ideal for growing families, multi-generational living, or those requiring versatile work-from-home options.

The heart of the home is an expansive open-plan kitchen, living, and dining area that seamlessly connects to an oversized outdoor entertaining deck. This design creates the ultimate indoor-outdoor lifestyle, overlooking a sparkling pool and capturing elevated breezes. The impressive entertaining space is perfectly suited for hosting family gatherings throughout the year or lively table tennis tournaments.

The gourmet kitchen combines style and practicality, equipped with quality 900mm stainless steel appliances, generous bench space, ample storage, and a plumbed water connection for the fridge. A separate formal lounge provides a perfect media or cinema room retreat. Downstairs guest accommodation with an adjacent bathroom offers excellent flexibility for extended family, visitors, teenagers, or a dedicated home office setup.

Designed with modern connectivity in mind, the home includes a centrally located telecommunications hub featuring NBN FTTP connectivity, Wi-Fi distribution, and hardwired Ethernet ports throughout. This infrastructure delivers fast and reliable internet, ideal for streaming, gaming, remote work, and smart home integration. The network is powered by a Ubiquiti EdgeRouter 6P, complemented by a Hills Home Music Module and an inbuilt ceiling surround sound audio system, enhancing the home's entertainment capabilities.

Additional features include ducted air conditioning throughout, elevated street presence, multiple living zones, and the timeless quality synonymous with Metricon's premium display homes.

Key features include:

• Former Metricon display home built in 2005
• 700 square meter north-east facing allotment with approximately 23 meters of street frontage
• Approximately 319 square meters of internal living space
• High ceilings: 2.5 meters downstairs and 2.4 meters upstairs
• Elevated position on the high side of a quiet cul-de-sac
• Five spacious bedrooms with flexible guest accommodation downstairs
• Three bathrooms including a downstairs guest bathroom
• Formal lounge/media or cinema room
• Expansive open-plan kitchen, living, and dining area
• Large outdoor entertaining deck with pergola overlooking the pool
• Ducted air conditioning throughout
• Plumbed fridge water connection (Westinghouse fridge negotiable inclusion)

Smart home features:

• Central communications hub with smart home integration
• NBN fibre to the premises
• Hardwired Ethernet ports throughout the home
• Ubiquiti EdgeRouter 6P networking system
• Hills Home Music Module with inbuilt ceiling surround sound audio

Location highlights: Conveniently positioned just minutes from world-class amenities including Reedy Creek Village (1.8 km), Burleigh Heads Beach (9.5 km), Burleigh Brewery Co (4.7 km), Tallebudgeera Creek (10.8 km), Robina Town Centre (6.3 km), Robina Hospital (7.1 km), Greenheart Robina Parklands (7.8 km), CBUS Super Stadium (7.6 km), Varsity Train Station (3.9 km), The Glades Golf Course (8.4 km), and Bond University (8 km).

Education: The property offers unparalleled proximity to some of the Gold Coast's most highly regarded schools including Hillcrest Christian College (3 km), Gold Coast Christian College (3.3 km), Kings Christian College (4.2 km), Somerset College (5.3 km), St Andrews Lutheran College (6.4 km), and Varsity College (6.7 km).

School catchments:

• Clover Hill State School (5.4 km)
• Robina State High School (7.1 km)

Investment snapshot:

• Rental appraisal: approximately $1,500 per week (4.42% yield)
• Airbnb off-season rates: approximately $450 to $650 per night
• Airbnb peak-season rates: approximately $750 to $1,000 per night
• Water rates: approximately $310.56 per quarter (excluding usage)
• Council rates: approximately $1,328.27 bi-annually

Disclaimer: The information provided has been prepared with best endeavours to ensure accuracy but no responsibility is accepted for errors or omissions. Prospective purchasers should verify all information independently. This property is being sold by auction or without a price guide, so no specific price is provided.

Location