* A block of 5 units not strata titled perched on a block of 482m2
* Located one street back from Rainbow Bay Beach
* The building & its surrounds have both received a recent upgrade, i.e. new paint job, polished floor boards & new kitchens with low maintenance gardens
* Outstanding rental income of just under $100,000 gross per year with very low outgoings
* Development potential even as a single block or long term as an amalgamation
* Short stroll to Coolangatta’s restaurant and caf scene
This is one of if not the best returning land holds in Rainbow Bay and opportunities to purchase whole blocks in the area are quickly becoming extinct.