THIS Upper Coomera property was purchased by the vendors as a horse farm in an area which was mostly bushland just 10 short years ago.
Due to development in the area, this Courtney Drive character property now sits on the edge of the highly sought after growth area.
The current owners have moved on and are offering the property of with diverse income streams from three dwellings and 3.34 hectares (8.25 acres) of land.
The property's location should have an excellent upside for those with a view of long term quality landholding.
It also offers fantastic family living for many years to come with the kids enjoying the space to run and the horses while being close to schools and shops.
The property is a corner block with frontage to two main roads.
Shopping centres and schools are all within 3km.
There is currently $62,400/year income from three rental contracts.
This is a real opportunity to purchase an investment block on the cusp of the Coomera development as a long term hold with wonderful income.
The Courtney Drive property is priced to sell at only $2.2 million.
Contact Rob WIldermuth, 0428 222 687, or Peter Douglas, 0407 172 101, Ray White Rural Queensland.