5/23 Formosa Street

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About this property

Whether you're searching for a low-maintenance lifestyle or a smart addition to your investment portfolio, 5/23 Formosa Street delivers on every front. Built in 2021, this well-presented three-bedroom townhome is owner-occupied and move-in ready, offering the kind of quality and care that's hard to find in this price range. Across two generous living areas, the floor plan gives you the flexibility to spread out, whether that's a dedicated lounge, a kids' retreat, or a work-from-home setup. Step outside and you'll find a covered alfresco perfect for year-round entertaining, complemented by a fully fenced backyard laid with artificial turf, meaning weekends are spent relaxing, not mowing. It's the ideal lock-up-and-leave setup without sacrificing the feel of a private outdoor space. The Location Does the Heavy Lifting Positioned moments from the M1, you're genuinely connected, north to Brisbane or south to the Gold Coast in equal measure. Day-to-day living is just as convenient, with Pimpama Sports Hub, Coomera Westfield, Pimpama Junction, and the Nexus Drive shopping precinct all within easy reach. This is the kind of address that suits every stage of life. For Investors, The Numbers Make Sense The Pimpama corridor continues to be one of South East Queensland's strongest performing growth areas, underpinned by ongoing infrastructure investment, population growth, and consistent rental demand. Comparable townhomes in the precinct are commanding approximately $780 per week in rent, making this an attractive proposition for buyers looking to build long-term wealth in a market that's still gaining momentum. With a modern 2021 build, low body corporate outgoings, and a tenant-ready condition, the holding costs are manageable and the appeal to quality tenants is immediate. Key Features: 3 bedrooms | 2 living areas Covered alfresco entertaining Artificial turf | fully fenced backyard Low maintenance, ideal owner-occupier or investment Built 2021 | owner-occupied condition Moments to M1 (north & south access) Pimpama Sports Hub | Coomera Westfield | Pimpama Junction | Nexus Drive precinct Don't Miss Out - Enquire Now! Disclaimer: All clients are strongly encouraged to undertake their own due diligence, including independent inspections. Any marketing materials provided by YPA Queensland are for marketing purposes only. Clients must rely on their own investigations before making any decisions

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.