11 Highvale Drive
Helensvale, QLD 4212

Overview

Elevated Home with DA Approved 3 Lot Subdivision

This elevated property in Helensvale presents a unique opportunity, combining a substantial residence with approved development for two additional lots. Situated high on a ridge, the two-storey home captures sweeping views of the Gold Coast skyline, ocean, and northern corridor, complemented by cooling coastal breezes and a tranquil natural outlook.

The residence offers immediate lifestyle appeal and significant potential for buyers interested in development and subdivision. The spacious rendered home includes six bedrooms and three bathrooms, featuring a master bedroom with an ensuite. Living areas extend to a large covered outdoor entertaining space that overlooks an inground saltwater swimming pool, perfectly positioned to enjoy the elevated views.

An attached self-contained granny flat includes two bedrooms, a bathroom, kitchen, and living area, providing flexible accommodation options for extended family, guests, or rental income. Current market conditions suggest the property could generate approximately $1,600 per week in combined rental income, helping to offset holding costs during subdivision and development.

Development Potential

• Development approval is in place to subdivide the property into three lots:
• The existing house lot is approximately 894 square meters.
• Two additional vacant lots measure approximately 619 and 899 square meters respectively.

All major planning and approvals have been completed, allowing the new owner to proceed with development works and realize the added value from subdivision.

Property Highlights

• Elevated position with panoramic views of the Gold Coast skyline.
• Substantial two-storey rendered residence.
• Six bedrooms and three bathrooms in the main dwelling.
• Self-contained two-bedroom granny flat.
• Large covered outdoor entertaining area.
• In-ground saltwater swimming pool.
• Potential combined rental income of approximately $1,600 per week.
• Development approval for subdivision into three lots.

A comprehensive information pack is available, including development approval documents, supporting reports, bill of quantities, and tender estimates. Properties offering both lifestyle living and approved development potential in elevated Gold Coast locations are rarely available.

Inspections can be arranged with pre-qualified buyers as the property is currently rented. The sale is by Expressions of Interest.

Location