7 York Street, Pimpama, QLD 4209

7 York Street, Pimpama QLD 4209

Discover an outstanding investment opportunity in the growing Pimpama community. Offering a Council Approved Dual Occupancy configuration with two separate, self-contained residences under one roof, this property is ideally suited to investors seeking strong rental income, flexibility and long-term investment potential.

Council Approved Dual Occupancy – A Key Investment Advantage

Unlike some dual living properties that are only approved as a single dwelling house, 7 York Street benefits from formal Gold Coast City Council approval for Dual Occupancy (MCU/2021/154), granted on 3 February 2022.

This is an important distinction for investors when comparing dual living properties, as not all properties offering two separate living areas have obtained the same Council planning approval.

The property comprises a spacious three-bedroom residence and a self-contained one-bedroom residence, each featuring its own living facilities, bathroom and dedicated garage.

Currently leased to two separate tenants, the property generates a combined rental income of $1,120 per week, equivalent to approximately $58,240 per annum, providing an attractive income-producing investment opportunity.

Property Features

Residence One – 3 Bedrooms | 1 Bathroom | 1 Garage

Three spacious bedrooms

Comfortable living and dining areas

Functional kitchen and bathroom

Dedicated garage

Currently rented for $620 per week

Lease secured until 14 April 2027

Residence Two – 1 Bedroom | 1 Bathroom | 1 Garage

Self-contained one-bedroom residence

Separate living and kitchen facilities

Private bathroom

Dedicated garage

Currently rented for $500 per week

Lease secured until 7 July 2027

Investment Highlights

Council Approved Dual Occupancy: Formal Gold Coast City Council approval for Dual Occupancy (MCU/2021/154), distinguishing this property from dual living homes approved only as a single dwelling house.

Two Separate Residences: A versatile 3-bedroom and 1-bedroom configuration, each with its own living facilities.

Dual Rental Income: Combined rental income of $1,120 per week.

Strong Income Potential: Approximately $58,240 in gross annual rental income.

Existing Tenancies: Both residences currently leased, providing immediate rental income.

Investment Flexibility: Suitable for investors seeking multiple rental income streams or future flexible living arrangements, subject to applicable approvals and tenancy agreements.

Convenient Location: Close to local shopping, schools, parks and the M1 motorway.

Location & Lifestyle

Positioned in one of the northern Gold Coast's growing residential communities, 7 York Street offers convenient access to everyday amenities and major transport connections.

Residents enjoy proximity to Pimpama City Shopping Centre, local schools, childcare facilities, recreational parks and the Pimpama Sports Hub.

Easy access to the M1 motorway provides convenient connections to both Brisbane and the Gold Coast, making this an attractive location for tenants and long-term investors alike.

Two Residences. Two Rental Incomes. One Smart Investment.

With formal Council approval for Dual Occupancy, two existing tenancies and a combined rental return of $1,120 per week, 7 York Street presents a compelling opportunity for investors seeking an established income-producing property.

Not all dual living properties have the same Council approval status — an important consideration when comparing investment opportunities.

A copy of the Council's Dual Occupancy approval record is available upon request.

Contact MIC Homes today for further information or to arrange a private inspection.

Disclaimer: The property has a recorded Gold Coast City Council Material Change of Use approval for Dual Occupancy (MCU/2021/154). Buyers should make their own enquiries regarding the approval conditions, building certification and permitted use of the property. Rental figures are based on current tenancy information and gross annual income is calculated before property management fees, council rates, insurance, maintenance and other ownership expenses. All information is provided in good faith and interested parties should conduct their own independent enquiries.