Opportunities like this are once-in-a-lifetime. Imagine owning a prime investment property, perfectly situated to benefit from both current rental income and future development potential. This unique property, set across a generous 2,474m² on two titles (land 704m2, Unit block 1770m2) , boasts seven units with stunning views over Emu Park’s CBD, Keppel Bay, and the Keppel Islands.
Immediate rental income – six of the seven units are currently tenanted, providing a reliable combined weekly income of $1,070. The remaining unit is available for you to live in or use as a holiday retreat.
Options for Future Development – Explore the potential to sell one of the vacant titles, add storage units, or even consider developing a larger multi-unit complex to maximize returns.
Unit 1 (see photos)
- Entry area and large sleep-out
- One large bedroom with two doors and extra high ceilings
- Large living space with high ceilings
- Large room with kitchen
- Bathroom, new upgraded shower, hot-water system, separate toilet and laundry
- Seaview's from the front door
- Carport
Unit 2
- Entry area and large sleep-out
- One large bedroom with two doors and extra high ceilings
- Large living space with high ceilings
- Large room with kitchen
- Bathroom, separate toilet and laundry
- Seaview's from the front door
- Carport
Unit 3 (second floor northern side)
- Large sleep-out area with beautiful Seaview's, could be used as second bedroom
- One large bedroom with two doors and extra high ceilings
- Large living space with high ceilings
- Large room with kitchen
- Bathroom, new upgraded shower hot-water system, separate toilet and laundry
- Carport
Unit 4 (second floor southern side)
- Large sleep-out area with beautiful Seaview's, could be used as second bedroom
- One large bedroom with two doors and extra high ceilings
- Large living space with high ceilings
- Large room with kitchen
- Bathroom, separate toilet and laundry
- Carport
Unit 5
- One large bedroom
- Large living space with kitchen
- Bathroom, separate toilet and laundry
- Seaview's from the front door
- Carport and entertaining area
Unit 6 (vacant at present)
- Entry area to dinning, kitchen and living area
- One large bedroom
- Bathroom, separate toilet and laundry
- Carport
Unit 7
- Entry area to dinning, kitchen and living area
- One large bedroom
- Bathroom, separate toilet and laundry
- Carport
Unbeatable Location within walking distance to beautiful beaches, Emu Park shops, schools (360m), medical facilities (114m), and popular local venues (535m).
This property offers the ideal mix of immediate returns and long-term growth. The foundations are here, now it’s up to you to unlock its full potential.
Don’t let this chance slip by! Contact us today to explore how you can make the most of this extraordinary investment opportunity.
Disclaimer: While every effort has been made to provide accurate information, neither the Vendor or Agent guarantees it’s accuracy. Interested parties should conduct their own investigations to verify all details. Boundary lines are only a guide.
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