3 Bedroom House for Sale in PIMPAMA 48 Pimpama-Jacobs Well Road

48 Pimpama-Jacobs Well Road PIMPAMA

5 Storey Development

Terrific opportunity to secure a prime Gold Coast land holding offering a myriad of options where you can capitalise on the Pimpama growth boom.

The subject property is approved for residential zoning RD5, meaning 5 storeys of residential with a 1 bed per 50sqm requirement and a 23 metre height limit.

From council website:
RD5 - One Bedroom per 50 m2 of Net Site Area* (up to 200 bedrooms per net hectare). Net site area is the area of a site which remains after the dedication of land required for any public purpose including but not limited to road widening and park dedication.

Key Details:
• 1,264m² allotment & if purchase with adjoining property will have 2 street frontage
• Services available for the site include, water & power (sewerage service in street & available on the adjoining block)
• Easy access on & off M1
• Close to local shopping, schools & transport
• Steps from the gazetted Pimpama Town Centre (due for development by 2018).
• The property currently has a 3 bedroom, 1 bathroom house, which will provide a solid rental return.

Growth Corridor:
The area immediately surrounding the site is currently undergoing a massive transformation, with large-scale residential development underway by national developers including Mirvac, Leda and Devine Homes to name just a few.

This region is situated in Queensland on the northern end of the Gold Coast and is one of the citys strongest growth areas. Pimpama is undergoing rapid population and infrastructure expansion within the Brisbane/Gold Cost growth corridor.

Interest in Pimpama is at an all time high, with buyers attracted by the location - mid way between the centre of the Gold Coast and Brisbane - the rural outlook, the amount and quality of new development underway and, at the same time, the relatively affordable prices.

Ear-marked by local and state Government, Pimpama and Coomera has been labelled the satellite growth region of the city.

Location:
Pimpama is only 25 kilometres (or 10 minutes) from the Gold Coasts beautiful beaches and lively entertainment district of Surfers Paradise. Located just 56 kilometres from Brisbane, it is no wonder this increasingly popular suburb is occupied by families and couples with dual-city employment options.

With natural riverfront developments taking advantage of the Coomera River and its waterways, Pimpama and Coomera provides as semi-rural alternative to the sea side, canal and Broadwater frontage normally associated with Gold Coast living.

The Edgar Natolo Team