40 Cayman Drive

Clear Island Waters QLD 4226

Positioned in the highly sought-after Clear Island Waters precinct, this substantial 743m corner block presents an exciting opportunity for renovators, visionaries, and those seeking a premium redevelopment site. Whether you're looking to update the existing home or create something brand new, the scale, layout, and location offer endless potential.The residence itself is generously proportioned, with multiple living areas, four bedrooms, and a fantastic indoor-outdoor flow. From the large undercover entertaining space to the sparkling pool framed by landscaped gardens, it's a home designed for relaxed living and entertaining, ready to be reimagined to your taste.This property is going to Auction on Saturday 25th October at 2pm on-site. If not sold prior!Notable Features:- 743m corner block - ideal for redevelopment or renovation- 4 bedrooms, 2.5 bathrooms, 2 car garage plus parking for boat/caravan or extra vehicles- Two separate living areas - formal and informal- Separate dining area with flexibility to be used as a study- Kitchen with marble benchtops, Euromaid electric cooktop, 90cm Ariston oven, and dishwasher- Informal living opening to undercover entertaining area with built-in cabinetry for BBQ space- Fully fenced swimming pool with saltwater chlorinator and creepy crawly- Ducted air-conditioning throughout plus ceiling fans in all bedrooms and living areas- Main bedroom with walk-in robe and ensuite- Secondary bedrooms with mirrored sliding wardrobes and ceiling fans- Separate laundry with ample storage- Alarm system with 3 fitted security cameras- Manicured gardens and established surroundsDevelopment Information: As the property is on a valuable corner block, an "Impact Assessable Application" can be sought through City of Gold Coast Council, to potentially create a duplex development. The "Public Notification Process would be required and it is recommended to consult your Town Planner to clarify.Financials:- Council rates $4,040 (approx. per annum)- Water rates $1,218 (approx. per annum)- Projected rental of $1,200 - $1,300 (approx. per week)Travel to:- Only a short stroll of 5-10 minutes to your local pizza restaurant "Sapori" with amazing real Italian cuisine, Goji Granola Bar and Caf & Medical Centre - 700 m- Q Super Centre (Aldi, Coles, Woolworths, Butcher, florist, Australia Post, Cafes & Restaurants and much more) - 500 m - Robina Town Centre - 7.4 km- Pacific Fair Shopping Centre - 4.2 km- The Star Casino, Broadbeach - 4.7 km- Gold Coast Convention & Exhibition Centre - 4.9 km- Bond University - 5.8 km- St Vincents Primary (catholic school) - 1 km- Broadbeach State School - 3.7 km- Merrimac State High School - 2.9 km- Somerset College (private school) - 9.1 km- All Saints Anglican School (private school) - 10 km- Robina Train Station - 6.4 km- Cbus Super Stadium - 6.7 km- Gold Coast Airport - 24 kmThis is a rare opportunity to secure a property with great bones in a tightly held pocket of Clear Island Waters. Whether you're upgrading, renovating, or redeveloping, 40 Cayman Drive is a property that will reward vision and creativity.For further information on this property please contact Grant & Cassandra Stephens on 0402 888 397 or email teamstephens@coastal.com.au.Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.