101 Garrick Street COOLANGATTA QLD

Blue chip residential. Perched high on the hill commanding sensational ocean and scenic views you will be delighted with this original & spacious 2 bedroom cottage cherry ripe for renovation or simply a superb site to build your dream home. KEY FEATURES - unimproved land value $670,000 (more than the asking price for the whole property !) - 2 bedroom with spacious living & timber flooring throughout - sizeable balcony - lock up garage and loads of storage under - surrounded by multi million $ homes LOCATION This prime property is nestled at the far end of Garrick st (off Stapylton st) within a quiet leafy culd a sac. You are approximately 800 metres, ' as the crow flies ' to Coolangatta's thriving township & beaches and minutes to major Tweed shopping & Airport. DETAILS - prime 506m2 elevated allotment - $1290 council rates per 1/2 year - Current market rent $350 pwk (as is) , much more if renovated AGENTS COMMENTS Seldom do property's of this calibre hit the market. They are extremely tightly held and this one in particular has been in the family for decades. In light of the unimproved land value assessed by the Valuer General at $670,000, you are buying the complete house and land for well under. Regardless of whether you are a renovator , builder or shrewd investor this property (and land in particular) is simply astute buying at its very best. Was $640,000 now - reduced to $595,000