CHEAP AS CHIPS REDEVELOPMENT POTENTIAL

A fantastic opportunity exists to buy into a prime future redevelopment site in Surfers Paradise for an unbelievable price.

‘Monte Carlo Court’ is an older building consisting of only 9 units on a large 1,495sqm block located next to Cascade Gardens. The preferred position at the end of a quiet cul-de-sac, adjacent to Cascade Gardens and only 100m from the main river provides a peaceful setting and allows for additional privacy. The ideal location makes future redevelopment very attractive with RD5 zoning.

Not only does this property present a high probability of future amalgamation, it also has the added advantage of being situated between the Gold Coast’s two fastest developing cosmopolitan centers of Broadbeach and Surfers Paradise and only 300m from the beach.

Currently tenanted, the unit is maintained and presented immaculately, enjoying a healthy rental return of $220 per week. Whilst you sit and watch your investment increase, affordable properties in future redevelopment sites will become fewer so do not miss this opportunity and arrange an inspection today!

1495sqm land area
Block of only 9 units
2 bedrooms, 1 bathroom
Future redevelopment site adjacent to Cascade Gardens
Zoned RD5 Residential Choice
Situated between heart of Broadbeach and Surfers Paradise
5 minutes walk to the beach
Adjacent to tropical Cascade Gardens, 100m walk to Main River
Swimming pool and BBQ area