This is a UNIQUE opportunity to secure a prime corner Highway property with immense exposure and potential. The 405m2 north east facing block currently comprises a 28m2 shop plus 2 x 2 bedroom attached flats (all leased). Gross income from 07/01/08 will be $34,020 PA.
Being just 100m2 approx from the beach with ocean views, this property lends itself to renovation or redevelopment with current RD4 Residential Choice (RES D) zoning and land use ‘combined multi dwelling and shop’, the choice is yours. Outgoings are estimated at $7,334 PA excluding management fees.
Combine your dream to live, work and play – seize on this fantastic opportunity now.
For more photos visit www.ljhooker.com.au/palmbeachqld
Property ID: 7C5F47