The Pitch:
Welcome to 6/1 Pinnaroo Street, Hope Island, a fantastic opportunity to secure an affordable foothold within the tightly held Sanctuary Shores Apartments, a peaceful and highly sought-after complex positioned directly across from the water in one of the Gold Coast’s most desirable lifestyle suburbs. Perfectly suited to first-home buyers, investors, downsizers, professionals, or those seeking a low-maintenance lock-and-leave property, this well-positioned studio apartment combines affordability, lifestyle, and convenience in an unbeatable Hope Island location.
Nestled within the tranquil Sanctuary Shores Apartment complex, the property enjoys a premium setting surrounded by established greenery, quality residences, and beautiful waterways. Positioned only moments from the waterfront, residents can embrace the relaxed coastal lifestyle Hope Island is renowned for. Whether it’s morning walks by the marina, afternoons at nearby cafés, or enjoying the convenience of world-class amenities just minutes from your doorstep.
Thoughtfully designed for comfortable and practical living, the studio offers a functional floorplan that maximises space while remaining easy to maintain. Filled with natural light, the apartment provides a welcoming and versatile living environment, with ample room for living and sleeping to coexist effortlessly. Complete with a private bathroom, practical kitchenette facilities, and dedicated car accommodation, the residence is ideal for those wanting simplicity without compromising on location. Designed with low maintenance living in mind, this property offers the perfect balance between comfort and convenience. Whether you are looking for a secure base close to work, a lifestyle-focused downsizer, or a savvy investment opportunity, the apartment presents strong appeal within a suburb known for consistent demand and long-term growth potential.
The Details:
• Neat and tidy studio apartment within the sought-after Sanctuary Shores Apartments
• Positioned directly across from the waterfront in prestigious Hope Island
• Functional studio layout designed for practical living
• Bright interior with natural light
• Private bathroom for added comfort and convenience
• Practical kitchenette facilities ideal for low-maintenance living
• Peaceful, well-maintained complex surrounded by waterways and established greenery
• Well maintained grounds and resort-style swimming pool
• Dedicated car park
The Location:
Positioned in the heart of Hope Island, this property offers an exceptional opportunity to secure an affordable residence within a location renowned for its waterfront living, convenience, and long-term growth appeal. Hope Island has become increasingly popular among owner-occupiers, downsizers, professionals, and investors alike due to its unique balance of tranquillity and accessibility. Just moments from Hope Island Marketplace, the property provides easy access to supermarkets, cafés, restaurants, medical facilities, gyms, and everyday essentials. Residents are also only a short drive from the world-renowned Sanctuary Cove precinct, championship golf courses, waterfront dining, and marina facilities, all while maintaining convenient access to the M1 motorway, connecting both Brisbane and the broader Gold Coast with ease.
From an investment perspective, this property represents an increasingly rare opportunity to purchase within a premium postcode at an accessible price point. Affordable opportunities in Hope Island are becoming harder to secure, particularly those positioned within waterfront-adjacent locations. The suburb continues to experience strong demand due to its lifestyle appeal, established infrastructure, and proximity to key amenities, supporting long-term capital growth potential. For investors, the low-maintenance nature of a studio apartment combined with strong rental demand from professionals, students, and single occupants creates an attractive, set-and-forget investment opportunity within a blue-chip location.
The Investment:
Current Rental Amount: $380 per week until 7/06/2026
Current Rental Appraisal: $450 - $500 per week
Date of Last Increase: 7/05/2024
Council Rates: Approximately $2,700 every six months
Water Rates: Approximately $350 per quarter
Body Corporate: Approximately $70 per week
The Disclaimer:
In the creation of this advertisement, we have made every effort to ensure the accuracy and truthfulness of the information provided. However, we assume no responsibility and disclaim all liability for any potential errors, omissions, inaccuracies, or misstatements that may arise. We strongly advise prospective purchasers to conduct their own investigations and verification of the information contained herein. Furthermore, it is recommended that buyers independently inquire about building approvals and any relevant warranties to ensure complete satisfaction and confidence in their decision. Please be advised that our editing team has solely enhanced the colour of the grass and sky in the image to improve its aesthetic appeal, without any intention to misrepresent the property in any manner. Please be aware that these photos feature digitally staged furniture and do not accurately represent the current condition of the property. As the property is currently tenanted, virtual furniture/ item removal has been applied to these photos. Please note that these images may not fully reflect the property's current condition and presentation.
