19 Deodar Drive, Burleigh Heads, QLD, 4220

For Sale

19 Deodar Drive, Burleigh Heads, QLD, 4220

Offers Above $3,050,000

450 m²

550 m²

BlockOfUnits

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30+ days on the market

What's around 19 Deodar Drive

Entire Block of Flats - Blue Chip Passive Income

HIGH CASH FLOW BEACHSIDE - ENTIRE BLOCK OF 7 FLATS Sonter Agency is pleased to present 19 Deodar Drive, Burleigh Heads to the market - an exceptional opportunity to acquire an entire block of seven flats on one title, situated in one of the Gold Coast's most sought-after locations. Sit back and count the cash rolling in on this passive high income investment, benefit from yield and capital growth. Offering an established diversified rental income stream across seven individual tenancies, the property represents a compelling opportunity for investors seeking scale, strong cash flow and future rental growth upside potential. In addition just a short walk to the light rail, beaches and cafes. Investment highlights: Entire block of 7 flats Approximately 550mÂ² land size Current gross rental income $4,310 per week Rental income of approximately $224,120 per annum All long term general tenancy agreements Highly desirable Burleigh Heads location Rare opportunity to secure an entire residential investment complex Walk to light rail station and cafes Ideal for private investors, syndicates, SMSF buyers and long-term portfolio holders With seven income streams under the one ownership, 19 Deodar Drive provides an increasingly difficult-to-find opportunity to acquire a substantial residential investment holding in Burleigh Heads. Unit 1 - 2 bedrooms 1 bath Unit 2 - 2 bedrooms 1 bath Unit 3 - 2 bedrooms 1 bath Unit 4 - 2 bedrooms 1 bath Unit 5 - 2 bedrooms 1 bath Unit 6 - 2 bedrooms 1 bath Unit 7 - 1 bedroom studio Offers Above $3,050,000. Contact Kristoffer Sonter the Exclusive Agent for an information memorandum