1 South Street KIRRA QLD

Here on offer is this tidy block of (5) flats nestled in quiet culd-a-sac over- looking native parkland , within 200m to the beach. The configuration over (3) levels comprises; - Ground level - 1 x 2 bedroom with balcony & timber flooring - 1st (middle level) - 3 x 1 bedroom units with balconies & timber flooring - 2nd (top level) - 1 x 2 bedroom unit which takes up the entire top floor - 2 x lock up garages + additional parking areas DETAILS: Rates TBA Rent $46,280 gross PA ( excellent long term tenants in place ) LAND & ZONING: - 521m2 / LOT 19 B70825 - Local area plan Coolangatta - Density / RD 5 allowing 1 bedroom per 50m2 = 10 bedrooms to a maximum of (7) levels LOCATION: Quiet beachside location , just behind Kirra Surf which also has its very own trendy cafe for breakfast lunch & dinner. This rare property backs onto and adjoins native parkland , so you have privacy & just one neighbour. Moments stroll to Kirra's thriving retail & cafes with major shopping at Coolangatta & Tweed just (4) minutes to the South. Walking distance to Southern Cross University & Coolangatta Airport. Endless surfing & beach options such as Kirra Point , Rainbow , Snapper & Greenmount just minutes away. AGENTS COMMENTS: "Terrific opportunity to acquire this historical property with excellent holding income and great potential to enhance & renovate to increase rental return , develop or even transform into a large beach house for personal use".