56/530 Pine Ridge Road, Coombabah QLD 4216

Over‑55s village unit | renovated kitchen and gas cooktop | quiet established community | near schools and shops This unit offers a rare combination of a newly renovated interior within an established over‑50s village, which immediately lifts its appeal to retirees seeking low‑maintenance living. The separate toilet and laundry, spacious bedrooms with built‑in wardrobes, and a carport are practical features that align with this demographic’s daily needs. Its position within a larger 5.87‑hectare site provides a sense of space and privacy, while the village’s demographic profile,80% aged 60+,reinforces a stable, like‑minded community. For a buyer targeting the retiree market, this property sits competitively among nearby comparables, especially given the recent kitchen upgrade that reduces immediate outlay. The primary risk is the asking price, which sits well above both the 2023 sale and current estimates, meaning the buyer must negotiate hard or accept that value uplift may take time. Flood and bushfire overlays require due diligence and could affect insurance costs or resale appeal. Village fees, though not disclosed here, are a recurring cost typical of such communities and should be confirmed before proceeding. On the opportunity side, the rental potential of $680–$785 per week offers a solid yield if the buyer chooses to hold and lease, though village rules may restrict this. The property is best held as a long‑term owner‑occupied home for a retiree, or as a well‑located rental if village bylaws permit.