Set on a 539m² block in a highly sought-after position, this property presents an outstanding opportunity for developers, renovators, or astute investors. Just a short stroll from the Broadwater foreshore and vibrant Paradise Point village, the location offers convenience, lifestyle, and growth potential.
Currently, the property is configured into two separate tenancies, generating a combined weekly rental income of $1100, making it an excellent income-producing asset from day one. The home has been well maintained, with a neat and tidy presentation throughout, and boasts a fully fenced backyard with plenty of space for children and pets to enjoy.
Features:
Upper Level
- 1 Bedroom, 1 Bathroom
- Generous kitchen and open living area
- air conditioned
Ground Floor
- 2 Bedrooms, 1 Bathroom
- Separate laundry and powder room
- Spacious kitchen and open-plan living
- Multi-purpose room
- Garage plus additional off-street parking
- Good-sized garden shed for extra storage
- air conditioned
Location Highlights:
- Broadwater foreshore and parklands at the end of the street
- Just 2 minutes’ walk to Paradise Point village with cafes, restaurants, and bars
- Public transport within 50 metres
Financials:
- Rent from Tenant 1: $575 per week
- Rent from Tenant 2: $525 per week
- General Rates: $2,003.33 per half year
This property will be in high demand. Expressions of interest close Monday, 6th October at 2pm – however, our motivated vendor is willing to sell prior.
Contact
Leo – 0414 810 495
Sue – 0410 598 466
Property ID: #R2-4727570
