10 Sexton Hill Drive, Banora Point NSW 2486

Elevated R2 parcel | dual approved dwellings | triple-income configuration | subdivision potential | near M1 & Gold Coast This property presents a rare dual-income configuration on a low-density residential parcel, separating it from typical stock in the area. The council-approved secondary residence creates an immediate triple-income stream, a functional advantage over single dwellings. Its R2 zoning and substantial land size underpin the stated subdivision potential, offering a strategic path to capital release or portfolio expansion that nearby properties lack. The location capitalises on convenience to major infrastructure while the elevated position suggests outlook benefits. This setup serves an investor seeking compounded yield, a developer eyeing a straightforward subdivision, or an owner-occupant requiring dual living with future flexibility. The primary risk mechanism is council discretion; the subdivision outcome is not guaranteed and hinges on specific approval processes, carrying potential holding costs and delay risk. The commercial logic is clear: acquire an existing cash-flowing operation while securing an option on future land value through lot creation. Given the scale, configuration, and zoning, the property is best acquired with a defined execution plan-either to hold for sustained dual income or to promptly pursue approval for a two-title subdivision to crystallise the land premium. The existing dwellings provide downside protection during any approval phase. Recent sales on Sexton Hill Drive provide context for land and improvement value: – 11 Sexton Hill Dr (734m², 4 bed, 2 bath) sold for $880,000 in April 2024. – 15 Sexton Hill Dr (5 bed, 2 bath) sold for $1,075,000 in August 2023. – 8 Sexton Hill Dr sold for $810,000 in July 2025. The subject property commands a premium search band justified by its significantly larger land holding, superior bedroom and bathroom count, and its unique dual-living, income-generating format. The comparable sales, being standard single dwellings, lack this income versatility and subdivision optionality, solidifying the price positioning.