An Entire Beachfront Unit Complex in one of Australia’s Favourite Holiday Playgrounds.
Will you ever have have the opportunity to purchase an entire beachfront unit complex that is on the one title and situated on a MULTI UNIT DEVELOPMENT* block of land (739m2) overlooking Kings Beach with views to Moreton Island and down the Coast past Bribie Islands Beaches? No you will not.
Held by the one family for a number of years, this property is now for sale and has now been priced to meet the market. The property is in immaculate condition and any inspection will surely impress, the views will simply blow your mind.
The unit complex consists of:
3 x 3 bedroom units
3 x 2 bedroom units
1 x Managers office or storage
6 x Car accommodation plus 3 x visitors parking
The outgoings are simply and very cheap:
Rates – $7,150* per annum
Insurance – $3,050* per annum
Water is paid for by the tenants currently and the complex is currently permanently let to long term tenants. It could be re-hashed as holiday accommodation if so desired.
A long term view would suggest that this property would represent an outstanding superannuation purchase or a long term development option for the smart investor. It would also suit those retirees who did not want to rely on the bank for a return and wanted a reliable and continual income from an outstanding property that would continue to grow not only in value but also in return.
Interested? Plenty are, so please contact me for further information.
*Multi-Unit Land – Development applications may be accepted to development 21 metres or 7 stories currently (stca).
*Rates and Insurance – These figures are approximate and as advised by the vendor.
Iconic beachfront complex
Rare investment opportunity
3 x 3 bedroom and 2 x 2 bedroom units
Views from every balcony
Prestigious Kings Beach location