An exceptional opportunity awaits at 12 Loraine Avenue, Marcoola (also known as 41 Petrie Avenue) – a rare gem just a stone's throw from the beach! This premium coastal property offers incredible potential for developers, investors, or lifestyle buyers.
Key Features:
- 4 rentals in total gross combined rent close to $100,000 per year.
- Existing 3-bedroom residence – Two stories with single garage - leased
- Three 2-bedroom townhouses – all leased
- All dwellings on one title
- Fantastic development potential subject to approval
- Only moments from the beach, cafes, shops, and local amenities
- Prime position in a highly sought-after, tightly held location
- Large communal pool and bbq area
- Corner block 900 Sqm's development potential
Looking to invest, develop, or enjoy beachside living with income potential, this is a unique chance to secure a blue-chip coastal property.
Call - Keith 0419 676 037 or Noel 0417 756 076