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5 Lunar Court, Benowa QLD 4217

Deceased Estate - Offers Over $1,390,000

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$1.39M - $1.46M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 4 Cars 725 m²

Listed: 8 hours ago

Overview

Set on an elevated 725sqm corner block in a serene Benowa cul-de-sac, this double-storey brick and tile home offers a rare investment opportunity and a spacious canvas for renovation or redevelopment.

Having been in the same family for over four decades, the property showcases solid structural integrity, making it ideal for those looking to personalise a home or developers seeking to maximize potential. Without easements restricting redevelopment, the title offers scope for duplex construction, pending council approval.

The upstairs living features generously sized bedrooms, highlighted by a master suite complete with ensuite and walk-in robe. A standout architectural element is the high vaulted timber ceiling that adds an inviting sense of space to the lounge area. The well-proportioned additional bedrooms offer flexibility for a variety of lifestyles.

The lower level presents multiple rooms and a separate entrance, ideal for creating dual living arrangements, accommodating extended family, guests, or generating rental income. The east-facing orientation welcomes cooling coastal breezes and enjoys views towards the coastline, complementing the tranquil surroundings.

An undercover alfresco area provides a private outdoor space perfect for entertaining, while air-conditioning and ceiling fans throughout ensure comfort.

Families may appreciate its inclusion within the catchment for Benowa State High and Bellevue State Primary School. Conveniently located, the property offers easy access to local shopping, healthcare, recreational facilities, and notable Gold Coast attractions like the Botanic Gardens and Surfers Paradise beach, which is less than 10 minutes away by car.

Whether you’re a renovator, developer or family, this property promising location and potential makes it a compelling prospect in a tightly held suburb.

Local Market Insights

In Benowa, Quiet Listings observed 46 new houses entering the market over the last 30 days, up from 20 during the previous 30-day period, with an average advertised asking price of $3,796,739. The property type mix of listed properties is predominantly Apartments at 65%, followed by houses (23%), and units (3%). The most active agency for houses in the Benowa area is currently Amir Prestige Group, representing 43% of new listings, followed by Ray White with 20%. 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.