A rare opportunity as investor liquidates both 14 and 16 Mason Street, Southport. This land is zoned RD4 which means you can build a dwelling per 200 square metres subject to approvals. These properties are on separate titles, are next door to each other and will be auctioned together. All offers will be submitted prior to Auction. What a POSITION! Both Properties tenanted earning $810 per week.
14 Mason Street - 3 Bed, 1 Bathroom, 1 lockup Garage 506m2
Solid Brick Home
Near new carpet and Paint throughout
Split Level
3 Great size bedrooms with built in robes
Enclosed outside entertaining area
Fully fenced back yard
Tenant currently on Month to Month lease at $410 per week
16 Mason Street - 3+1Bed, 1 Bathroom, 1 Lockup and 1 Carport 506m2
Solid Brick Home
Full Fenced front and back yard
Large private front covered courtyard
Split level
Tiled and polished timber floor boards throughout
3 Great size bedrooms with built in robes
1 Extra large room off kitchen /Dining can be used as an office, gym or an extra bedroom.
Tenant Lease Expires 17/7/15 are happy to renew Lease. Rent $400 per week.
Due to the properties Location they make a great Investment and are never vacant due to their location and have a great rental return. Land Bank for the future while earning good returns. Southport is the CBD of the Gold Coast and these properties are well positioned for development opportunities.
* approx.
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.
