23/2 Ridgeline Way

Sold $980,000

3 bed Duplex With Self Contained Granny Flat!

Don’t let this incredible property slip through your fingers! Immerse yourself in the lap of luxury with this exceptional executive villa nestled in the prestigious ‘Kirribilli Heights’ secured estate.

This expansive duplex boasts not only a spectacular rental return of approximately $1,050 – $1,150 per week, delivering an impressive 6.5% rental yield approx, but also the chance to maximise your income by renting out the self-contained studio granny flat below for an additional $380 per week. Live in opulence in the main house while effortlessly raking in extra cash.

Perched in an elevated position, relish the Gold Coast breezes and panoramic hinterland views, all while being enveloped by the serenity of a tropical rainforest. Escape the ordinary and experience a lifestyle that feels miles away from the hustle and bustle of suburbia, while being only 15 minutes to the golden sands and nightlife of Broadbeach!

Step inside this meticulously renovated two-storey haven, where a spacious living area, open-plan kitchen, and dining seamlessly flow out to an alfresco balcony with enchanting bushland vistas. The upper level features three generously sized bedrooms and two renovated bathrooms, ensuring comfort and style at every turn.

The lower level unveils a studio granny flat with its own entrance, boasting a newly renovated bathroom, walk-in robe, air conditioning, fully fenced courtyard, kitchenette with dishwasher, and a European laundry. This is more than just a home; it’s a haven of convenience and elegance.

Indulge in the following features of this dual living paradise:

– Three expansive bedrooms upstairs, each adorned with brand new carpet and built-in robes.
– Ensuite to the master, a main bathroom, and a separate toilet on the upper level.
– Upstairs living area with panoramic views and refreshing breezes.
– Modern kitchen with granite benchtops, dishwasher, and top-tier appliances.
– Spacious covered deck offering breathtaking coastal and bushland panoramas.
– Versatile dual living arrangement with a 4th bedroom/granny flat/living area on the lower level, complete with its own entrance, bathroom, walk-in robes, kitchenette, laundry, and fenced courtyard with a clothesline.
– Double lock-up garage with room for 2 additional cars in the driveway, along with visitor parking nearby.
– Ducted air-conditioning and split systems throughout for year-round comfort.
– Two courtyards with low-maintenance gardens, attracting a plethora of wildlife, from birds to wallabies.
– Enjoy the community infinity pool and BBQ area, adorned with enchanting night lights.
– Feel secure in the gated complex offering peace and privacy.
– Pet-friendly (subject to body corporate approval).

Rental return:
– Whole Property – $1,050 – $1,150 p/w
– Townhouse only – $ 750 – $780 p/w
– Granny flat only – $350 – $380 p/w
= 6.5% plus rental yield!
Body corp approx.: $150approx per week
Council rates approx.: $1,700 per annum
Water rates approx.: $1,200 per annum

The location:
You feel miles away in the tranquil bushland retreat of Kirribilli Heights , yet you are only 20 minutes drive to the Gold Coast’s world famous beaches! Plus you are only a couple of minutes drive to local shops and parklands.

You are also close to many great schools –
William Duncan State Scholl – 5min drive
Worongary State Primary School – 7 min drive
St Brigid’s Primary School – 6 min drive
Nerang State High School – 7 min drive
Nerang State School – 9 min drive
Merrimac State School – 12 min drive

Seize this chance to elevate your lifestyle – inquire now and secure your slice of Kirribilli Heights paradise!
Contact Sarah Drew today 0444 555 144 to arrange an inspection

Advertising Disclaimer:
You are advised that while every effort has been made to ensure the accuracy of information herein is true, accurate and obtained from reliable sources and is for general information only. Drew Property Group and related entities are not responsible for and disclaims all liability and responsibility, including for negligence, for errors, for omissions or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein and must instead satisfy themselves by inspection or otherwise.

COVID – 19 Disclaimer:
All representatives of our agency will conduct open homes and private inspections as per the social distancing rules in accordance with Government guidelines.

Property Features
  • Townhouse
  • 4 bed
  • 3 bath
  • 2 Parking Spaces
  • Land is 294 m²
  • 2 Garage
Location & Area
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Sarah Drew
Director & Licensed Sales Agent
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Tony Gilchrist
Residential Property Specialist

Enquire today about this once in a lifetime property

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