FANTASTIC OPPORTUNITY for all INVESTORS.
For starters, we all know about the importance of location, location, location. This waterfront property is located in Southport on the mouth of Loders Creek connecting to the Broadwater. It’s only a 2 min drive to the Gold Coast Highway and a 5 min stroll to the Broadwater Parklands and a short drive to Australia Fair.
Then there’s the property itself.
- 3 very presentable units with no improvements required, all to be sold as one parcel. The current rental return is nearly $1000 per week but already has the potential to exceed that figure in it’s current condition. And to top it off there’s “NO” Body Corporate Fees to pay.
But if that hasn’t excited you then there is another option for both the Developers and Investors. Land Banking!!! This really is a rare opportunity so you have the added option of just sitting on the property, collecting the rent and let time work its magic. The properties size and unique location makes this option a reality.
With everything considered, this really is a fantastic opportunity. The location, the presentation, the current and potential rental returns, the fact that there is no BC Fees and with time future opportunity can be created.
For more information please do not hesitate to contact me.
A LARGE BLOCK OF LAND CONSISTING OF 3 UNITS, TO BE SOLD AS ONE PARCEL.
* Zoning RD2
* 1008 sq/mtrs
* Possible Super fund option
* Great land banking opportunity
* Current rental income is $840.00 per week with potential over $1000.00 per week
* Freehold
* Unit 1
Currently tenanted at $500.00 pw
Lease ends 08/03/2019
* Unit 2
Currently tenanted at $210.00 pw
Periodic Lease
1 bed, 1 bath, 1 car
* Unit 3
Currently tenanted at $280.00 pw
Periodic Lease
1 bed, 1 bath, 1 car
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements