This waterfront property consists of two homes set on 1623M2 block, zoned mixed use development site.
Each home is double storey, features unrestricted water and parkland views, is completely renovated and separated into upstairs and downstairs living creating 4 four individual rental properties. The block has also been prepared for carparking and is secured with auto gates. There is also a separate office to accommodate the car park facility. Both homes and car parks have street access via 3 street frontages.
Offering a potential income or holding income of $72,000 per year for the astute investor or developer with approx 5% return.
All this, situated in one of Redland Bay’s premium locations and a short distance to the Marina Commuter facility, shopping and medical facilities.
Don’t miss out on this red hot opportunity to purchase the best available investment site in Redland Bay!
A copy of the Sustainability Declaration can be provided upon request from this office.