Located in the sought after Nerang River end of Peninsula Drive is a small apartment block.
This block faces Surfers Paradise and Nerang River and will one da make a great development site opportunity.

Spacious bedrooms, neat kitchen and bathroom, internal laundry, carport.
Freshly painted and new carpet, stunning outlook.
Grassed are on the river fishing of a home picnic.

This is one off opportunity. for a buyer or investor to enter the market and purchase an apartment in a small block with low body corporate.

Investors will achieve high rental return with the potential for future development.

Inspection by appointment 0474304017

EXPECT RENTALS RETURN TO BE $400 PW