* Elevated 708m2 with magnificent ocean views
* Current DA for 11 units available on request
* Holding income currently $445 gross per week from 2 flats

Great buying to guarantee your investment well into the future with this exceptionally well located 708m2 block. Currently sporting 2 tenanted, 2 bedroom flats returning $445pw, this property has enormous potential with stunning water views and excellent proximity to the beach and cafe precinct of Caloundra!
With DA approval for unit development and multi unit zoning, this property lends itself to development now, or in the future….the choice is yours. Sit back and take advantage of excellent rental returns, move in yourself or develop…..regardless of your choice, this property will be the best buying on the coast for the savvy investor.
What are you waiting for? This is the buying opportunity you’ve been waiting for. Call Margaret Stacey today on 0412 874 169 or Andrew Garland on 0403 851 777 for more information.