Are you looking for an amazing opportunity that could help you create wealth?
Recently refurbished from a high profile builder with a stylish finish, this authentic beach house currently comprises of two self-contained units ( GCCC registered ) over two levels and can be rented individually as an income producing asset or utilised as family dual living.
Offering further upside to add value within the property sits 253m of vacant land component, where you can develop and capitalise with a luxury beachside house or villa pair**.
- House currently has two self contained levels
- Each are individually metered with electricity and hot water
- New colorbond insulated roof, boundary fencing, driveway and air – conditioning
- Stylishly finished throughout, turn key and occupy or rent
- Block size in total is 506m, street frontage 13.7m wide, zoning RD6
- Rental opinion ground floor $390 – $430* p/w and top level $450 – $480* p/w
- Holiday Letting Tariffs – $1,015* p/w (Off Peak), $1,540* p/w (School Holidays),
$1,939* p/w (Events / Easter Rate), $2,646* p/w (Peak Rate), $2,912* p/w (Commonwealth Games)
VACANT LOT
- 253m of vacant land ready to develop and capitalise
- Adjoins eastern boundary to Pacific Parade properties
- Scope for delightful coastal / ocean views once developed
- Architectural concept plans available for luxury beach house
- Development insight and advice available from private town planner
- GCCC Rates, $1,354.25* (1 July – 31 December 2017)
The property is scheduled to go to auction on Wednesday 6 December 2017 at the Sofitel Hotel, Broadbeach (if not sold prior)
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
*approx
** Subject To Council Approval