162 Lae Drive, Coombabah QLD 4216

Large corner block in tightly held estate | Pool, 4+ bedrooms, dual living potential | No body corporate or overlays | Best value per sqm in Runaway Lagoons This property offers a rare combination of scale and flexibility on a flat 790m² corner block within a tightly held estate where turnover is low. The 4-bedroom layout with a large upstairs home office can be adapted to 6 bedrooms, making it suitable for families needing space or those seeking a dual-living configuration. The pool and 5-car parking add convenience, while the absence of body corporate, bushfire, or flood overlays reduces ownership friction. It best serves buyers wanting a substantial family home with room to grow, or investors targeting the upper end of the rental market given the estimated $1,000–$1,800 weekly potential. The main risk is the age of the property—last sold in 2004—meaning systems and finishes may require updating, which should be factored into the purchase price. The minor discrepancies in building size and bathroom count across sources warrant a physical inspection and building report to avoid surprises. On the opportunity side, the corner positioning and flat land offer potential for future subdivision or redevelopment, subject to council approval, which adds long-term optionality. The property is best held as a family home with the ability to generate strong rental income if circumstances change.