At the quiet northern end of Palm Beach, this corner block of six quality apartments presents a rare investment opportunity. Solidly constructed, complete with security basement parking, offering the chance to acquire a premium real estate parcel with passive income, whilst you design your dream home. Set on a large 817m2 double block of absolute beachfront land, the property comprises 1 onebedroom unit , 3 two-bedroom units and a pair of two storey, 3 bedroom apartments with living areas and beachfront balconies on both floors. Gross rental returning approximately $165,000 per annum.
– Glorious views over beachfront pool to surf and sand
– Penthouse units with 3 ensuite bedrooms, panoramic coastal views
– Each unit with intercom, well equipped kitchen, ceiling fans, store room
– Some interior refurbishment completed