8/40 Formosa Street

Positioned within the sought-after Crest Residences, this well-maintained townhouse presents an outstanding opportunity for investors seeking immediate income security, long-term stability, and future lifestyle potential. With quality tenants already in place on a lease extending through to 2027, buyers can enjoy the confidence of a proven investment from day one, while securing a modern property in one of the northern Gold Coast's strongest growth corridors. Thoughtfully designed across two levels, the home offers a practical and spacious floorplan featuring three generous bedrooms upstairs, including a master retreat complete with ensuite and air conditioning. Multiple living zones provide flexibility for modern living, with an air-conditioned family room downstairs and a separate living area upstairs, complemented by ceiling fans throughout. The open-plan kitchen, dining and family space forms the heart of the home, flowing effortlessly to a private covered outdoor entertaining area ideal for relaxed gatherings and everyday enjoyment. Natural light fills the interiors, creating a welcoming atmosphere, while the secure single garage is accompanied by additional off-street parking for two vehicles. Positioned directly opposite the complex swimming pool and visitor parking, the location within the community offers exceptional convenience for both tenants and future residents. With low body corporate fees of approximately $108 per week, this property represents a low-maintenance addition to any investment portfolio. Beyond the immediate rental return, the home also offers a compelling future opportunity for owner-occupiers, allowing buyers to secure today's purchase price while planning for personal occupancy upon vacancy in the years ahead. Key Features - Secure tenancy in place until 2027 with excellent long-term tenants - Three spacious bedrooms including master with ensuite and air conditioning - Family bathroom with combined bath and shower - Three toilets throughout the home - Air-conditioned downstairs family room and upstairs living room - Ceiling fans throughout - Open-plan kitchen, dining and living design - Private covered outdoor entertaining area - Single lock-up garage plus additional parking for two vehicles - Directly opposite the complex swimming pool - Convenient access to visitor parking - Low body corporate fees of approximately $108 per week - Lifestyle & Location Located in the heart of Pimpama, residents enjoy easy access to major shopping centres including Pimpama City Shopping Centre and Westfield Coomera, along with a growing selection of cafes, dining options and everyday conveniences. Families are well catered for with a range of nearby schools including Pimpama State Primary College, Pimpama State Secondary College and Kings Christian College. Commuters benefit from excellent connectivity to both Brisbane and the Gold Coast via the M1 motorway and nearby public transport options, while local parks, sporting facilities and recreational spaces contribute to the area's strong community appeal. Whether you're expanding your investment portfolio with a secure, income-producing asset or planning ahead for future owner-occupation, this is an opportunity to secure a quality property in a location continuing to attract strong demand. For more information or to arrange your inspection, contact the All Properties Group Gold Coast team today. Disclaimer: All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.