The $2.6 million Gold Coast home package is Mater Prize Home’s latest prize draw. Web version.
A $2 INVESTMENT and a little bit of good luck could bring you an annual income of $78,000.
That’s how much money the winner of Mater Prize Home’s latest prize draw could make each year if they rented out the house that’s part of the winning $2.6 million Gold Coast prize home package.
Known as “coastal bliss”, the waterfront home on the popular northern Gold Coast could ultimately turn into a life-changing money-making investment.
The $2.6 million Gold Coast home package is Mater Prize Home’s latest prize draw.
Inside the Hope Island prize home.
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The five-bedroom prize house at 41 North St, Hope Island is valued at $2.2 million and offers the best of coastal living with its sought-after location.
The property’s estimated rental appraisal sits at $1500 a week, making it a comfortable weekly income.
Leading Hope Island agent Alex Phillis of Phillis Realty said the suburb offered great returns for investors.
“From an investment side, young families are always attracted to Hope Island,” Mr Phillis said.
“It’s safe and quiet and you’ve got amazing amenities around the place.
“It’s only going to get more valuable as well as there is so much migration pushing the prices up there.”
The winner could rent this Hope Island property out for $1500 per week.
With three golf courses close by and access to the Broadwater, Hope Island is a golfing and boating mecca.
The suburb also has plenty of other attractions with a marina, shops and restaurants as well as access to theme parks and the up-market Hope Island Resort and Sanctuary Cove.
Hope Island has experienced rapid growth in recent times, up almost 60 per cent over five years and up 62 per cent over three years, PropTrack data reveals.
The median house price in the suburb is $1.35 million while the median rent for houses is $1100.
The prize home is in the popular suburb of Hope Island on the Gold Coast.
The prize home features a barbecue alfresco area, pool and outdoor lounge while inside there is an open-plan design with a sleek white kitchen with island bench, dining and lounge area.
Pendant lights and wooden floors add to the relaxed vibe of the home.
Upstairs there is another living area as well as four bedrooms including the main which offers a huge ensuite, walk-in wardrobe and balcony.
The house comes fully furnished with $186,000 spent on ensuring the residence is move-in ready.
Thrown in with the prize package is a Sea Fox 248 Commander boat, Sea-Doo, and $8000 in cashable gold bullion.
The prize home comes completely furnished and is move-in ready.
Mater Foundation CEO Andrew Thomas said he was looking forward to giving away the $2.6 million prize package to one lucky winner.
“Whether the winner decides to keep it and enjoy coastal bliss living on the Gold Coast, rent it and earn an income, or sell it and live life their way, winning is definitely going to change someone’s life.
“Buy a Mater Prize Home ticket for just $2 and you might win this incredible prize, but you will bring hope and healing to the lives of so many in the community.”
Lottery No. 306 will be drawn on April 26.
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The post How a $2 investment could earn you $1500 each week with Mater Prize Home’s latest draw appeared first on realestate.com.au.