Block of 5 units on offer from the receiver and manager.
Each unit has an area of 50m2 (total 250m2)* Total Site area – 481m2*
MAIN FEATURES:
- Five (5) x two (2) Bedroom units – fully leased currently returning approximately $65,280 per annum
- Prime 481m2* one street back from Rainbow Bay beachfront
- Zoning: Coolangatta Local Area Plan
-
RD 7 (i.e. 1br per 25m2 of land area)
- 12.57m Eden Avenue frontage
- Height limitation up to 10 levels, subject to council approval
PROPERTY DETAILS:
L12 RP 173867: Parish Tallebudgera
RECEIVER AND MANAGER APPOINTED
LOCATION:
Rainbow beachside position, 100m to surf and recreational beaches including Snapper, Greenmount and D-Bah within walking distance. Coolangatta CBD is just down the road and minutes to major Tweed shopping , airport , golf and bowls etc.