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40/4 Gimberts Road, Morisset, NSW, 2264

40/4 Gimberts Road

Own your home outright. Lease the land beneath it. A proper home at a price that makes sense - no stamp duty, no body corporate, no compromise.

$482,000

Move-in Ready

3

1

Pet friendly

A single-story manufactured home with a screened porch, well-kept lawn, and landscaped shrubs on a corner lot in a residential community.
A small, tidy mobile home with a screened porch, neatly trimmed bushes, and a quiet road in a landscaped residential park.
Single-story manufactured home with a ramp and stairs, set on a sloped lot in a residential mobile home community under a clear blue sky.
Bright living room with white reclining chairs, beams on the ceiling, a large window, chest of drawers, and a vanity with a round mirror and decorative items.
Bright living room with light-colored furniture, exposed wooden beams on the ceiling, large window with curtains, and a decorative vanity table with a mirror and accessories.
Enclosed porch with wicker chairs and table, overlooking a residential street with houses, shrubs, and blue sky outside.
Bright enclosed sunroom with large windows, wicker chairs, a small table, and neutral decor facing an outdoor view.
Modern bathroom with a glass shower enclosure, toilet, white vanity with sink, mirror, tiled floor, and window with white blinds.
Small bedroom with a floral bedspread, wooden nightstand, cushioned chair, window with white curtains, and a framed picture on the wall.
Bright bedroom with a single bed, floral bedding, wicker chair, ceiling fan, and sliding glass doors leading to a sunroom.
Compact, light-colored kitchen with a gas stove, refrigerator, double sink, and window above the counter, decorated with shelves displaying teacups and plates.
Bright sunroom with large windows, exposed ceiling beams, cream sofas, and armchairs with floral pillows. Outdoor view and natural light create a cozy, inviting atmosphere.
Open-plan living area with a kitchen, round dining table, and a bright lounge featuring large windows, white sofas, and exposed ceiling beams.
  • Own the home, lease the land
  • No stamp duty
  • No body corporate
  • On-site Manager
  • Pet Friendly
  • NBN Available
  • Bedrooms3
  • Bathrooms1
  • PetsAllowed
  • Stamp DutyNo Stamp Duty
  • Council RatesNo Council Rates

How land lease works

Simple, secure, and straightforward

Land lease is a well-established model that suits people who want the security of home ownership without the cost or complexity of buying land. Here's how it works at Eureka.

  • Purchase Price

    $482,000

    Move-in Ready

  • Land Lease Model

    Own Your Home

    Without the cost of buying the land

  • Upfront Costs Saved

    No stamp duty

    No body corporate or council rates

Community amenities

What's on site

  • Swimming Pool

  • Secure Gate Entry

  • Secure Parking

  • BBQ Shelter

  • Manager’s Office

  • Games Room

  • Pet Friendly

  • Amenities

Read More

Home Features

The kitchen is original in style, with laminate benchtops, good storage, and a practical layout that works well within the open-plan living space.

The master bedroom is a generous size, with a built-in robe, ceiling fan, and direct access to the side patio. The two additional bedrooms also include built-in robes and ceiling fans, with the second bedroom opening through to the sunroom for added flexibility. A centrally located main bathroom services all three bedrooms.

A covered and enclosed front alfresco adds a private outdoor space to enjoy the sun and natural light. The home's corner position gives it extra space and separation from neighbouring properties, with landscaped gardens framing the home.

Additional under-house storage provides practical space for tools or general use, with covered car accommodation completing the package.

Home Features

  • Three bedrooms with built-in robes and ceiling fans

  • Light-filled living area with raked ceilings and air-conditioning

  • One centrally located bathroom

  • Functional L-shaped kitchen with gas cooktop and oven

  • Sunroom accessible from the second bedroom

  • Internal separate laundry

  • Front sunroom with roller blinds

  • Single-car carport

  • Well-maintained gardens

  • Recently painted externally

This is a well-maintained, welcoming community offering everything residents need for comfortable, everyday living. You'll find friendly neighbours, well-kept facilities, and a genuine sense of community close at hand.

Community Features

  • Community clubhouse - for resident events, with a library, pool table, and kitchen on site

  • Exercise equipment and a workout area, with scheduled classes

  • Heated swimming pool

  • Multiple BBQ facilities and alfresco entertaining areas

  • Pet-friendly community, with a large off-leash area for dog owners

  • Weekly activities including line dancing, bingo, carpet bowls, craft, Tai Chi, walking groups, bus trips, ukulele group, and happy hour

  • Community garden beds and Men's Shed

  • Community events calendar

  • Local wildlife and bushland surrounds

No exit fees, council rates or stamp duty

This home operates under the land lease model, supported by specific government legislation that provides ongoing financial security. The model allows residents to own their home outright, without the cost of buying the land or paying council rates.

If you choose to sell, the capital gain is yours, with no exit fees. There's also no council rates or stamp duty to pay, with a weekly site fee that eligible residents may be able to offset with rental assistance.

Points of Interest

40/4 Gimberts Road, Morisset • NSW

4 min drive · Morisset Town Centre

5 min drive · Cafés, local shops, essentials

2 mins to Morisset Train Station

Contact Us Today

Prefer to talk to someone directly?
Phone: 1800 356 818
Email: enquiries@eurekagroupholdings.com.au

Call to Book Appointment

A home to be proud of, at a price that makes sense.

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