Rare opportunity to purchase these two large blocks across the road from the beach. On offer is 62 Coronation Drive, a duplex both with two bedrooms, one bathroom and single carports on a good 2314sqm block. 64 Coronation Drive is an identical duplex on 2284sqm block.
This property has dual street access from both Coronation Drive and Bishop Road. The purchase price is for both blocks, fabulous for an investment with the duplexes currently tenanted at a return of $240 per week per unit.
The astute buyer can choose to continue leasing these units, or redevelop and build a fresh look complex and reap further rewards. Beachmere is just waiting for a quality townhouse development, and these would sell well. In a good position, close to all local amenities and across the road is a walk way to the beach. Position and lifestyle, what more could you want? All the units are rented ($960 per week in rental income).
Phone now to discuss and make an appointment to view.