DJ Stringer is proud to market this superb property holding for sale comprising of ;

- Fully renovated 6 x 2br units (some with polished timber flooring)
- All 6 units have car accommodation
- Separate storage & laundry facilities
- All units permanently leased (and easily managed) at an annual gross rental of approx $78,000
- Land area of 569m2
- Re-development potential – Current zoning RD6 / 1 bedroom per 33m2 of land and up to 7 levels

Location :
Brilliant Oceanside position, a mere 150m to the beach and Kirra’s retail / cafe precinct, walking distance to Southern Cross University which will constantly be increased over the next few years to accommodate approx 1500 students,
not forgetting the convenience of Gold Coast Airport just next door to the Uni.

Agents Comments :
This is a great property ideal for the both the passive ‘need no fuss investor’, family syndicates, super funds, and those that wish to monopolise the area for future development.
The fact that each unit is refurbished allows for little current expense and of course attracts a more desirable tenant at optimum rental.
When one considers a list price of $1.675m this equates to only $279k per unit which is cheap even on today’s market.

Complete complex listed @ $1,675,000 neg with flexible terms