This is a limited opportunity to own a key piece of land with holding income within this tightly held precinct and is an opportunity not to be missed.

On offer is 607sqm of land consisting of 4 flats with long term tenants in place on periodic leases in a prime location backing onto the Dicky Beach retail precinct and just one street from the beach. With a current return of $62,600pa, all 4 flats have been substantially renovated by the current owners.

Surrounded by a mix of residential and commercial property, this parcel benefits from the flexibility of Tourist Accommodation zoning allowing for multiple development options and is arguably one of the best development sites in the Dicky Beach/Caloundra area available today.

For further information, contact Jodie today.

- 607sqm parcel with 4 flats returning $62,600pa
- Current tenants are on periodic leases
- All flats have been substantially renovated
- Tourist Accommodation zoning allows for multiple development options