Developers, Renovators & Land Bankers – Endless Potential in Prime Location
Set on a 539m² block in a highly sought-after position, this property presents an outstanding opportunity for developers, renovators, or astute investors. Just a short stroll from the Broadwater foreshore and vibrant Paradise Point village, the location offers convenience, lifestyle, and growth potential.
Currently, the property is configured into two separate tenancies, generating a combined weekly rental income of $1100, making it an excellent income-producing asset from day one. The home has been well maintained, with a neat and tidy presentation throughout, and boasts a fully fenced backyard with plenty of space for children and pets to enjoy.
Features:
Upper Level
- 1 Bedroom, 1 Bathroom
- Generous kitchen and open living area
- air conditioned
Ground Floor
- 2 Bedrooms, 1 Bathroom
- Separate laundry and powder room
- Spacious kitchen and open-plan living
- Multi-purpose room
- Garage plus additional off-street parking
- Good-sized garden shed for extra storage
- air conditioned
Location Highlights:
- Broadwater foreshore and parklands at the end of the street
- Just 2 minutes' walk to Paradise Point village with cafes, restaurants, and bars
- Public transport within 50 metres
Financials:
- Rent from Tenant 1: $575 per week
- Rent from Tenant 2: $525 per week
- General Rates: $2,003.33 per half year
This property will be in high demand. Expressions of interest close Monday, 6th October at 2pm – however, our motivated vendor is willing to sell prior.
Contact
Leo – 0414 810 495
Sue – 0410 598 466
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.
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