47 Tullamarine Drive, Robina QLD 4226

Waterfront dual-living on West Lake | Recently renovated interiors | 836sqm land with pool | Strong rental yield potential This property occupies an uncommon position in Robina’s prestige waterfront segment. The dual-living layout with near-new kitchen and renovated upstairs bathrooms gives a buyer two clear strategies: multigenerational occupation or a high-yield rental split. At 445sqm internal area on an 836sqm block with 53% building coverage, the configuration is generous without being oversized. The in-ground pool and solar panels add lifestyle and operational efficiency. This property suits a buyer seeking a turnkey waterfront home with income flexibility in a rising market , Robina’s median house price grew 14% year-on-year with only 19 days on market. The flood overlay is the primary risk, requiring due diligence on insurance costs and floor level compliance. The 32-year-old structure means some systems may need attention despite cosmetic renovations. The 1998 and 2016 sales history shows long-term capital growth but no recent resale to confirm current premium. The rental estimate of $1,595 per week , well above the $975 local median , supports the income case if the dual-living is marketed correctly. Hold this property as a primary residence with a secondary rental stream, or as a pure investment in a tightening waterfront market.