24/35 Grant Avenue Hope Island QLD 4212

24/35 Grant Avenue Hope Island QLD 4212
New build | North Shore waterfront | 5.2-6.2% yield potential | Flood overlay present The primary financial risk is the identified flood overlay, which will necessitate an assessment, potentially affecting insurance premiums and future resale ease. The opportunity lies in securing a new, high-specification townhouse in a sold-out boutique development, with rental yields suggesting strong income coverage against holding costs. This property is positioned for a buy-and-hold investor seeking modern amenities and minimal immediate maintenance, not for a buyer sensitive to environmental due diligence. Its competitive strength is the rare combination of being a 2024 construction with bridge-free water access on the Gold Coast, a pairing typically reserved for established homes. The inclusion of a study, pool, and dual car spaces within a 542mΒ² plot creates a family-friendly or professional tenant appeal. This townhouse best serves an investor capitalizing on Hope Island’s newer stock, where rental demand is underpinned by contemporary features lacking in older segments. Secure a technical review of the flood study to define the risk, then move to assess its income stability against your portfolio.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Hope Island presents a high-value, dual-track market. Demand is driven by affluent professionals, with strong rental growth (8-10% annually) and robust sales activity underpinning the unit sector, which has seen 6% price growth. However, the premium house segment faces headwinds, with prices down 2-5% and extended 65-day marketing times reflecting affordability constraints. Future growth hinges on sustained rental demand, but high entry prices and divergent performance between houses and units remain key considerations.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

542mΒ²

Assessments Delivered Today

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