Few suburbs on the Coast will excite people more than Cotton Tree. Well this little beauty just gets better and better!
First - it's a corner block on iconic Beach Parade and only metres to the water.
Second - it's zoned duplex with great rent returns!
Third - original construction and almost a blank canvas, entry level buying!
But wait there's more! - Build to three stories and enjoy a North facing view of the water!
I won't bore you with a long spiel about blue chip suburb, the new CBD, Cotton Tree beachside living and all the other catch phrases we'd normally use.
Let's keep this as simple as possible because if you're reading this ad you're already interested and you should be! This is not an opportunity to be missed or an opportunity that comes along very often. This will sell on the day so don't risk missing out!
Here's the important parts;
- 483sqm
- Original beachside home, neat and tidy
- Long term tenants keen to stay
- Two seperate, two bedroom units upstairs rented for $700pw combined
- One flat downstairs that needs attention
- Solar and non-asbestos roof
The options are endless here;
- New development to 12m (subject to approval)
- Land bank
- Long term investment
- Beachside dream home
- New luxury duplex (one for you, one for investment)
This end of Beach Parade is highly desirable, with the potential for ocean views and a very short walk into Ocean St, the new Plaza, or even the beach you simply won't find this type of property very often.
Act now, make an offer or wait a few more years and pay another few hundred thousand for the next one.
*This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
