Sensational opportunity to invest & or re-develop in this blue chip Oceanside pocket.

- On offer there are 2 x 2 bedroom solid brick units ( one per level ) duplex style, leased at $590 per week

- The elevated scenic allotment is 405m2 (13.5m frontage ) and boasts a direct walking path through to the pinnacle which offers breathtaking ocean and coastal views.

In addition a current DEVELOPMENT APPROVAL
is in place for a FIVE
STAR LUXURY DEVELOPMENT comprising of (2) superb Beach Villa’s ( plans available upon request ).

STATS :
- Annual rates $1496.32 per half year
- Market rent
$600 pwk combined as is or greater with renovation

LOCATION :
Brakes Crescent is a quiet cul-de-sac being the extension of The ( Beachfront ) Esplanade of Miami which,
apart from sufficing board riders and swimmers, is home to the local Tavern & Surf Club.

In addition, there is a smorgasbord of local retail & dining options within walking distance.

For more action, the glitz of Surfers Paradise and Broadbeach is a mere 10 minutes to the North with the Coolangatta Airport just 20 minutes to the South.

AGENTS COMMENTS :
Whether you are a strategic investor, developer or searching for a prime allotment to build your luxury residence that coupled tenants & Development Approval in place, the foundations are indeed solid.

Exceptional real estate in this prestige location will ensure continued capital growth.

Seller will consider all reasonable terms and possible trade options.

Submit all offers!