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Overview
This extensive property in Upper Coomera offers a rare development opportunity, covering approximately 3 hectares in a scenic setting by Ghostgum Grove Reserve with views of the Coomera River. Its existing approval for subdivision into four distinct lots includes plans for both residential care and retirement facilities, positioning it as a strategic investment for developers or investors who are looking to capitalize on the area's growth.
The diversity of the land use allows for a combination of high-density residential care alongside rural residential living. One of the lots contains a luxury five-bedroom home with swimming pool, enhancing the appeal for lifestyle-focused residents or downsizers who seek space and tranquility within close reach of urban conveniences.
Located within striking distance of key amenities such as Westfield Coomera, Costco, Dreamworld, TAFE Queensland, and the upcoming Coomera Private Hospital, the property benefits from excellent transport connectivity including direct access to the M1 Pacific Motorway and Coomera Train Station. This makes it suitable for a range of buyers from families to investors seeking future growth prospects.
The zoning allows for medium density residential development, suggesting potential for a varied mix of housing and community services, supporting a vibrant and sustainable local environment. The property's combination of strategic location, natural surrounds, and development approvals marks it as a significant and versatile offering in the Gold Coast market.
Local Market Insights
In Upper Coomera, Quiet Listings observed 105 new houses entering the market over the last 30 days, up from 104 during the previous 30-day period, with an average advertised asking price of $1,213,012. The property type mix of listed properties is predominantly Houses at 77%, followed by townhouses (15%), and duplexes (3%). Ray White was the most active agency in this area, representing 15.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Upper Coomera QLD 4209