|Market rent||$400 p/wk|
|NRAS contribution||$215.23 p/wk (paid annually)|
|Yield inc. NRAS||6.79%|
Expression of interest
Fill in the form below to get more information about this property.
Completed brand new property the development is only a stone's throw away from the M1 and is perfectly positioned between Brisbane and the Gold Coast for easy commuting.
This residential development covers a total site area of approximately 17,216ha comprising of a mixture of two and three story villas, townhouses and duplexes, with luscious parks throughout the estates.
Just minutes away by car is Calypso bay, and Harrigan's bar restaurant a very family oriented and popular waterside destination for boaties to pull up to and for the locals.
Some of the key drivers and indicators to any capital growth and rental demand.
1. Population Growth.
2. Infrastructure spend (inc April 2013 opening of the largest hospital in the country)
3. Essential amenities and social inclusion developments
Think Commonwealth Games - Enormous Government spend in the Gold Coast creating work and job creation in the area in the run up to the Commonwealth Games. It's not the event in 2018 - it's the huge infrastructure and government dollars for work that will be created in the years running up to it.
Close to Hospitals, schools and close by Coomera railway station will form the heart of the Town Centre.
*** See deeper insights to Area Initiatives below.
1. Population - See the highlighted fields for Pimpama and surrounding areas...
The latest Bureau of Statistics data (ABS data), shows Pimpama - Coomera area as the largest growth area with population increase of 14% per annum between 2006-2011.
Post Commonwealth Games. Enormous Government spend in the Gold Coast created work and jobs in the area. It wasn't the event in 2018 - it's the huge infrastructure and government dollars that continues to create demand for the area.
~ Westfields - An 88,000m2 shopping centre opened October 2018 after decades of planning, with Myer, Woolworths, Coles and over 80 specialty stores plus a cinema complex
~ Pimpama Junction - $30 million shopping centre, inc Medical precinct opened May 2014
Hospital - Opened in March/April 2013
Just 16 minutes away by car, is the new Gold Coast University Hospital - It is the largest single social infrastructure built in Australia at the time, and it's just opened in March 2013... This is a massive employment draw - It is state of the art.
To get a sense of the sheer vastness of the Hospital
Here are some other facts about the new hospital...
Total floor space approximately 170,000 square metres - roughly the same size as 25 rugby fields
750 beds at a cost of $1.76 billion
Official turning of the first sod was 16 December 2008
The site covers almost 20 hectares
GCUH is made up of seven buildings on site
The site is collocated within the Gold Coast Health and Knowledge Precinct
Over 6.5 million construction worker hours was spent building the hospital
3. Schools -
Education Minister Cameron Dick states there is an very real need and demand for several new schools in and around Pimpama to accomodate of the existing actual and projected population growth 2015 and 2017 - There is a $50 million new state primary school currently under construction due to open 2015
Call 1300 67 27 28 to find out more or quickly register now on this page and we will contact you to talk about your investment objectives to refine what may best suit your personal circumstances.