This outstanding investment property offers huge potential to redevelop a highrise or leave as is and collect the rent.

Positioned beachside of the highway the property currently consists of 11 self contained apartments returning over $2200 Per Week or $114,000 PA

Features:

* 11 Self Contained Apartments
* Fully Furnished
* All Airconditioned
* BBQ Area
* Community Laundry
* Fully Let
* Beach 30 Second Walk
* Close to Transport
* 826M2 Block
* RD6 Density = 1 Bedroom Per 33 SQM
* 7 Storey Height Limit
* Rear Access to Jefferson Lane
* Council Walkway at Rear of Property

This is an extremely rare opportunity and with the Gold Coast property market starting to gain momentum, now would be the perfect time to secure your next investment.

Make no mistake the owner is selling on Auction Day or Before.