Set high on the elevated side of a peaceful cul-de-sac within the prestigious Observatory, this expansive former Metricon display home showcases a rare combination of quality craftsmanship, generous proportions, and refined family living. Spanning two spacious levels with soaring 2.5m ceilings on the ground floor and 2.4m ceilings upstairs, the home offers a highly functional layout perfectly suited to growing families, multi-generational living, or those seeking versatile work-from-home options. At the heart of the home lies an expansive open-plan kitchen, living, and dining zone that seamlessly connects to the oversized outdoor entertaining deck creating the ultimate indoor-outdoor lifestyle. Overlooking the sparkling pool and capturing elevated breezes, this impressive entertaining space is perfectly designed for hosting family gatherings year-round or sell out table tennis tournaments. The gourmet kitchen is both stylish and practical, featuring quality 900mm stainless steel appliances, generous bench space, ample storage, and plumbed water connection for the fridge. A separate formal lounge offers the perfect media or cinema room retreat, while downstairs guest accommodation with an adjacent bathroom provides excellent flexibility for extended family, visitors, teenagers, or a dedicated home office setup. Designed with modern connectivity in mind, the home is equipped with a centrally located telecommunications hub featuring NBN FTTP connectivity, Wi-Fi distribution, and hardwired Ethernet ports throughout delivering fast and reliable internet ideal for streaming, gaming, remote work, and smart home integration. A Ubiquiti EdgeRouter 6P powers the network infrastructure, while the Hills Home Music Module and inbuilt ceiling surround sound audio system further elevate the home's entertainment capabilities. Additional features include ducted air conditioning throughout, elevated street presence, multiple living zones, and the timeless quality synonymous with Metricon's premium display homes. Be sure to submit an enquiry to receive a copy of the comprehensive due diligence report or contact me on 0422 545 825 to discuss further. Features you'll love: • Former Metricon display home built in 2005 • 700m2 North-east facing allotment with approx. 23m street frontage • Approx. 319m2 of internal living space • 2.5m ceilings downstairs and 2.4m ceilings upstairs • Elevated position on the high side of a quiet cul-de-sac • Five spacious bedrooms with flexible guest accommodation downstairs • Three bathrooms including downstairs guest bathroom • Formal lounge/media or cinema room • Expansive open-plan kitchen, living, and dining area • Large outdoor entertaining deck with pergola overlooking the pool • Ducted air conditioning throughout • Plumbed fridge water connection (Westinghouse fridge can be a negotiated inclusion) Smart home features: • Central communications hub - smart home integration • NBN - Fibre to the premises • Hardwired Ethernet ports throughout the home • Ubiquiti EdgeRouter 6P networking system • Hills Home Music Module with inbuilt ceiling surround sound audio Location Highlights - Conveniently positioned just minutes from world-class amenities, including: • Reedy Creek Village - 1.8km • Burleigh Heads Beach - 9.5km • Burleigh Brewery Co - 4.7km • Tallebudgeera Creek - 10.8km • Robina Town Centre - 6.3km • Robina Hospital - 7.1km • Greenheart Robina Parklands - 7.8km • CBUS Super Stadium - 7.6km • Varsity Train Station - 3.9km • The Glades Golf Course - 8.4km • Bond University - 8km Education - Unparalleled proximity to some of the Gold Coast's most highly regarded schools: • Hillcrest Christian College - 3km • Gold Coast Christian College - 3.3km • Kings Christian College - 4.2km • Somerset College - 5.3km • St Andrews Lutheran College - 6.4km • Varsity College - 6.7km School Catchments: • Clover Hill State School - 5.4km • Robina State High School - 7.1km Investment Snapshot: • Rental appraisal: approx. $1,500/week (4.42% yield) • Airbnb off-season rates: approx. $450 - $650/night • Airbnb peak-season rates: approx. $750 - $1,000/night • Water rates: approx. $310.56 per quarter (excl. usage) • Council rates: approx. $1,328.27 bi-annually DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate; however, accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
RealistIQ deal score
Good value signal
68
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 10 Gilgandra Close, Reedy Creek before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $1,713,000 - $3,255,000Wider ranges mean more uncertainty.
RealistIQ estimate$2,484,000
Market price guide$1,945,000
$1,713,000$3,255,000
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
