1663 Riverdale Drive, Hope Island Home for Sale

Hope Island is one of the most beauitiful places to live in the World and certainly in the top 10 of Australia with stunning views, gold course, convenience shops, bars and restaurants within a fully gated community with 24hour call out for medical and security emergencies. Hope Island resort is located on the beautiful Gold Coast next to the similarly appointed Sanctuary Cove.

 

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Gallery for Hope Island home for sale, 1663 Riverdale Drive, Hope Island 4212 QLD Australia

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Hope Island Rosebank is one of the more beautiful parts of the resort being blessed with larger roads and trees, ideally located only a few minutes walk from the coles, bars, restaurants, shops and doctors.

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The cinema/theatre room is superbly presented with electric recliners, PS3, Blu-Ray, Austar satellite and terrestial digital tv wired to the central 1gb network to allow you to play all your home movies and pics in the theatre for everyones enjoyment.

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The whole house has been completely renovated from the ground up to give the house a crisp 2012 look with all the extras such as soft closures everywhere and a house wide fully wired cat 6 network.

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With its own dock and pontoon, within 2minutes you are on a 40mph limit allow super fast bridge free access to the broadwater or any of the private areas en-route, or indeed, the ski area at the end of the grand canal - the canal is restricted to 4k's speed to reduce noise and disturbance!

Why is it reduced?

Quite simply, the owners want to take advantage of the strong Aussie Dollar and reassign their money abroad. This property sold unrenovated for 2.5million in 2007 and had nearly 1 million dollars spent on upgrades since then, so reallistically this could easily achieve 2.5+ within a few years when the market starts to recover later this year.

1663 Riverdale Drive, Hope Island home for sale

The house is a gorgeous home at nearly 70 squares and is ideally suited to someone who has guests over for a long period or a live in nanny as their is a completely self contained granny annexe with seperate entrance and its own sunny courtyard, kitchen, bathroom, etc.

  • Quite simply stunning
  • 5 Bedrooms/Bathrooms
  • 2 Garages plus buggy park (room for more with large driveway)
  • Land Size ¼ acre, approx 1040 square mtr

Investment Opportunity?

The owners have expressed an interest to stay in the property if the buyer buys it as an investment property and is willing to pay $1,500 per week which gives an immediate return of 5.2% with a massive equity increase upside short term expected.

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