42 Hanover Drive, Pimpama QLD

Sold | House | ID# 11811100605

  • 4 Bed
  • 2 Bath
  • 2 Car

42 Hanover Drive, Pimpama QLD 4209

SOLD $445,000 !!


Affordable Family Home - NRAS Approved!

Positioned on an oversized corner block, this modern NRAS approved home offers an affordable opportunity into one of South-East Queensland’s most promising growth corridors and would be the perfect addition to anyone’s property portfolio.

- NRAS approved*

- Master with ensuite and A/C

- Separate air conditioned living space

- Modern kitchen with gas cooking

- Contemporary main bathroom with separate toilet

- Undercover entertaining area joins the interior dining space

- Large grassy fenced backyard

- 5,000L water tank

- Double auto garage

- Land Size: 600m²

- Current NRAS rent: $352 per week

- Lease Expires: 11/02/18

- Water Rates: $1,583 pa approx.

- Council Rates: $1,572 pa approx.

- Year Built: 2012

Poised for future growth and offering great returns, this NRAS approved home is a no brainer for the astute investor. Pimpama is one of the leading growth suburbs on the Gold Coast and is perfectly positioned just a short commute North to Brisbane CBD and South to the sandy beaches of the coast. The suburb is on the move with substantial developments including the $1 billion Coomera Town Centre, and upgrades to numerous other local amenities all within a ten minute drive.

*This home is an approved dwelling for the National Rental Affordability Scheme (or NRAS), a Government partnership that aims to supply affordable rental accommodation. To compensate owners for letting the property at a 20% reduced weekly price, NRAS provides a substantial annual incentive for up to 10 years. This incentive far outweighs the cost of reduced rent, leaving the owner in a positive net position at years end.

For more information regards the NRAS incentive, please do not hesitate to follow the below link or contact The Sam Westaway Team.


Property Type House
Property ID 11811100605
Street Address 42 Hanover Drive
Suburb Pimpama
Postcode 4209
Price $435,000+