42 meter RIVER FRONT 1/3rd acre (1475sqm)
The property comprises a double block! Thats right! Two adjoining blocks on separate titles. Rated as one property.
One block has a newly renovated home the other an old cottage suitable for renovation or knocking down. This is an ideal property to build into one huge holding for two families.
(Please quote code 1883 when enquiring about this property)
THE HOME: Beautifully finished with full porcelain bathrooms, and polished timber and porcelain floors. It also has an art-studio set in a bamboo-garden, ideal for a crafts-person, a home business or for teens. A heated spa on the raised deck looks to the east, down the Nerang River to Broadbeach and across wide flood-free water, abundant with fish and crabs, to multimillion dollar homes in Monaco Street.
For sale fully furnished it has been marketed as a holiday rental for the past year or so and has grossed in access of $80,000. With interest rates going towards 2% this property is a great investment.
The home is full brick and fully insulated. Located at the end of a cul-de-sac and opposite a park with only one neighbour, once inside, one becomes aware of the complete privacy of the location, yet you are right in the centre of town. Three minutes walk to restaurants and shopping and on a bus route to Southport, Pacific Fair and many of the best schools on the coast.
SECOND COTTAGE has previous approved renovation plans. Together the waterfront with its 50ft pontoon is large enough to accommodate a small ship, or a small flotilla. There are a number of development options here. Build dual accommodation, or develop the site to expand on the growing holiday home business. This is an inner city, prime, main-river site, suitable for one large riverfront home with tennis court, or two or three prestigious homes across the two titles.
Property overview: With a trend towards inter-generation families pooling assets, it is ideal for a 2 or 3 family enclave.
Offers are invited for the entire property. THIS WON”T LAST LONG
(Please quote code 1883 when enquiring about this property)