ATTENTION DEVELOPERS & INVESTORS!
On offer is a tidy block of four units set upon a desirable 526m2 parcel of land, in a premium position for lifestyle and convenience. Set in an outstanding beachside location among up-market buildings, restaurants, cafes, and shopping options, plus Kirra Beach is a mere 250m away.
With great potential for re-development, this property is zoned medium-density residential, with a 7-8 story height limit (STCA), and 19.35m frontage (approximately).
The local area has seen a high demand for multi-dwelling development sites with similar block sizes.
These signature properties are in prime demand and with the market indicating large amounts of interest in these sites, it’s a great time to secure with outstanding development upside and holding income.
Property features:
* Zoned medium-density residential
* 7-8 stories height limit (STCA)
* Multi-unit development upside
* Outstanding beachside and booming location
* Front boundary: 19.35m (approximately)
* Rear boundary: 18.68m (approximately)
* Right side boundary: 25.7m (approximately)
* Left side boundary: 30.61m (approximately)
All units are in good condition and are separately titled, with tenants in place. Each unit comprises 2 bedrooms, 1 bathroom, and 1 carport space.
Potential rental return: $2,000 per week
** Internal images used are of unit 2. Additional images are available upon request.
WHERE TO FROM HERE?
Close proximity to public transport
250m walk to Kirra Beach
400m walk to Kirra Village
1.1km drive to The Strand Coolangatta
1.8km drive to Gold Coast International Airport
2.3km drive to Southern Cross University
30 minutes drive to Surfers Paradise
45 minutes drive to Byron Bay
75 minute drive to Brisbane CBD
THE FINER DETAILS:
Council Rates: $4,437 per half annum (approximately)ÃÂ
Sinking Fund Balance as at 28-02-2022: $16,087.97
Block Size: 526m2
This property is being sold as an “Expressions Of Interest” with all offers being presented immediately to the owner for consideration and/or response.
Call Gavin Keith 0438 243 441 to arrange your inspection.
DISCLAIMER
The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.