Pimpama (Gold Coast) Dual Occupancy Guaranteed 6.4% Rental Yield!!
The Pimpama Village estate in Pimpama is located in South East Queensland – approximately 40k’s from Brisbane CBD and only 30 minutes’ drive to the Gold Coast – Australia’s favourite holiday destination.
Perfectly positioned in the heart of Australia’s fastest growing corridor, the estate is close to a number of upcoming infrastructure upgrades, services and opportunities. Pimpama is the fastest growing pocket in Australia at 37.5% per annum population growth between 2011 – 2016, exceeding those of all Australian Capital Cities (ABS, 2017).
Pimpama Village is a 53 hectare master planned development built on the old Coulters Farm, surrounding by parklands. The estate is designed with an amiable neighbourhood in mind, with 2 minute drive to the areas favourite new shopping destination Pimpama Junction Shopping Centre and the M1 with direct access to Brisbane CBD.
The $1 billion Coomera Town Centre has begun construction and is only a short 10 drive away from the estate.
Pimpama is within close proximity to a wide range of shopping facilities. Pimpama Village estate is serviced by the local Pimpama Junction Shopping Centre which has recently opened; it houses over 20 retail outlets including Woolworths. Coomera also has several shopping centres both in the pipeline and currently under development, all within a ten minute drive from Pimpama, most notably, Coomera Westfield.
The $1 billion Coomera Westfield promises to create 1200 jobs during construction and 1600 permanent positions upon completion. The centre will be the largest shopping precinct in the cities north, with the first stage comprising of 55,000 sqm to 61,000 sqm and the second stage being 21,000 sqm which will include a multi-level department store, a dining precinct, outdoor beach and multiple commercial retail spaces. These two stages will be 83,000 sqm combined.
The estate is in close proximity (2 minutes) to the new private school of Kings Christian College which commenced classes this year and is conveniently located on the national road network, with both the Gold Coast and Brisbane City under 35 minutes drive. The area is also set to benefit from the new the new bypass road the government has proposed to construct from Helensvale Westfield the Beenleigh train station. This is going to increase the amount of traffic going through these suburbs creating more demand for infrastructure and housing.
The area is also serviced by Heavy Rail via city train via the Ormeau railway station (3km from Pimpama Village), facilitating direct access to the Gold Coast, Brisbane, Ipswich and further afield. The Gold Coast Airport is located 40 minutes from Pimpama and will soon by accessible by train with the new stages of the light rail being constructed and planned by council. Redevelopment of the Gateway to Australia’s best tourist destination is expected to commence in coming year, with significant expansion planned for terminal and its facilities.
Pimpama was forecast to grow at 16% per annum over the past 5 years, but exceeded these predictions and increased by 35.7% per annum over the past 5 years.
The $1 billion Coomera Westfield promises to create 1200 jobs during construction and 1600 permanent positions upon completion Pimpama is supported by excellent education facilities. The suburb is home to primary and secondary schools as well as an early childcare centre. Most notably, Kings Christian College and Livingstone Christian College are located within 6 minutes of the estate. The Gold Coast region as a whole offers more than 100 primary schools and over 35 secondary schools, made up of a mix of public schools and private colleges. The Gold Coast boasts a range of tertiary education facilities, including Griffith University, Bond University, Gold Coast Institute of TAFE, Martin College, CQ University and Southern Cross University. The Gold Coast Institute of TAFE has four campuses located on the Gold Coast and has an enrolment of over 15,000 students.
The estate is also well serviced by a wide range of health services with a medical centre located in the heart of town. A health precinct was recently completed within the Pimpama Junction Shopping Centre – it includes a medical centre, a density, pharmacy and veterinary clinic. The $1.76 billion Gold Coast hospital is a 15 minute drive from the estate; the hospital offers an extensive range of services consisting of all major adult health services as well as paediatrics.
Being such a highly sought after location, with such a great rental yield – these Pimpama Village dual occupancies are being snapped up fast! Contact Chris now for further info on 0434 449 455 or drop us an enquiry via the form below.