538 Gainsborough Drive, Pimpama QLD 4209

Four-bedroom modern house | Gainsborough Greens estate | tenanted below market rent | auction unless sold prior. This property offers a rare combination of a modern, single-level layout with a separate media room and open-plan living, built in 2020 on a 363 m² lot with 50% building coverage. The tenancy at $680 per week, well below the estimated $845 market rent, provides immediate upside for an investor after June 2026. The street has shown strong annual growth of 11-17% in comparable sales, and the estate’s proximity to schools and the northern Gold Coast expansion supports continued demand. It is best suited for an investor seeking a turnkey property with rental reversion potential or a family wanting a low-maintenance home in a growth corridor. The flood overlay is a specific risk that may affect insurance costs and future resale appeal, though no bushfire or heritage constraints apply. The off-market comparable on a larger lot suggests this property’s 363 m² land size may limit subdivision or extension options. The auction timeline and current tenancy require a buyer to plan for vacant possession or negotiate with the tenant. Hold for medium-term capital growth, with the rental upside as a buffer.