GREAT INVESTMENT OPPORTUNITY RENOVATE, EXTEND OR RE-DEVELOP

RARELY available in a very desirable location on the Peninsula just minutes away from the heart of Surfers Paradise. Situated on a 506 m2 duplex zoned block across the street from the Nerang River

Multiple options available:-

1. Renovate/extend one or both properties to capture city & river views
2. Knockdown and build a boutique block of units (RD5 zoning for up to 3 stories)
3. Investment in capital growth area
4. Owner occupiers & first home buyers
5. Amalgamate both titles and renovate for a large free standing 2 storey residence

Lot 1 is SOLD and currently rented at $375 per week till May 2014
Lot 2 is UNDER OFFER and currently rented at $385 per week till January 2014

Each duplex includes the following features:-

~ Approximate total floor area 120 m2
~ 2 bedrooms upstairs Lot 1 has polished timber floors and Lot 2 has carpets
~ Massive 40 m2 master bedroom on both sides could be divided into two bedrooms
~ Large bathroom upstairs and second powder room downstairs on both sides
~ Open plan living area downstairs with modern tiled kitchen
~ Lot 1 has polished timber floors downstairs and Lot 2 has tiles downstairs
~ Study nook underneath the stairwell
~ Large undercover front patio on both sides
~ Private alfresco courtyard area with gated security
~ Solid high retaining wall separating both properties
~ Single lock up garage with additional parking for two extra cars
~ Pet friendly and NO Body Corporate fees
~ Separate titles issued for both properties