10 Sexton Hill Drive Drive
Banora Point, NSW 2486

Overview

Rare Triple Income / Dual Living / Future Subdivision Opportunity on 1,483m² *STCA

Set on a substantial 1,483m² parcel in an elevated Banora Point position, this property offers a rare and highly flexible opportunity with strong income potential, multiple living options, and future upside. It comprises a large main dwelling plus a separate council-approved residence, appealing to extended families, investors, SMSF buyers, and those seeking a home with supplementary income. The property features separate driveway and entry access to both dwellings, along with potential for subdivision or redevelopment, subject to council approval. This versatile holding is conveniently located near shops, schools, the M1, and the Southern Gold Coast.

The main dwelling at 10 Sexton Hill Drive refers to the upper level, which is the larger residence positioned toward the front of the property. This level offers a spacious family-sized floorplan with four bedrooms, multiple living zones, and a layout that allows ample room to spread out. The generous open-plan living and dining area, large kitchen, and oversized multi-purpose space make it ideal for larger families or those needing work-from-home flexibility. Additionally, there is covered outdoor space that enhances the home's usability and creates a great area for entertaining or day-to-day family life.

The lower level, 10B Sexton Hill Drive, is a self-contained area beneath the main dwelling. It includes its own living space, kitchen, bedroom accommodation, bathroom, and private courtyard, making it a valuable and flexible part of the overall property. This area could suit extended family, older children wanting their own space, or guest accommodation, and it contributes to the overall income profile while remaining part of the main residence structure.

10A Sexton Hill Drive is the separate council-approved dwelling positioned to the right-hand side of the property. This residence has its own separate driveway and entry access, enhancing privacy and functionality. The floorplan includes two bedrooms, open-plan living, a large kitchen, garage, carport, and outdoor entertaining space, creating a comfortable standalone home. This unique feature allows buyers to accommodate family members nearby without being on top of each other or to live in one home while deriving income from the other. For investors and SMSF buyers, it strengthens the holding income and overall appeal of the asset.

Key features include:

• 1,483m² elevated block in Banora Point
• Flexible property configuration with multiple living and income options
• 10 Sexton Hill Drive - upper level of the main dwelling with 4 bedrooms, multiple living zones, and covered outdoor space
• 10B Sexton Hill Drive - self-contained downstairs area of the main dwelling with its own living, kitchen, bathroom, and courtyard
• 10A Sexton Hill Drive - separate council-approved dwelling positioned to the right of the property
• Separate driveway and entry access to both the main dwelling and the separate dwelling
• Combined rental income of approximately $102,000 per annum
• Excellent option for extended families wanting proximity with independence
• Ideal for buyers wanting to live in one residence and use the other for supplementary income
• Attractive high-income asset for investors and SMSF buyers
• Zoned R2 Low Density Residential
• Planning advice already obtained indicating potential future 2-title outcome, subject to council approval
• Potential pathways may include conventional subdivision into 2 Torrens title lots or strata subdivision via dual occupancy approval, subject to council approval
• Convenient location close to shops, schools, sporting facilities, and Southern Gold Coast beaches

Properties with this level of flexibility are hard to replace as they appeal to various buyer types. For some, it will be the ideal setup for a joint family purchase where everyone can be close while maintaining their own space. For others, it will be a high-income investment with strong existing returns and future upside. Opportunities like this do not come along often, particularly when they combine immediate income, flexible living, and future potential in one holding.

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