50 Eden Avenue 'Yarralea', COOLANGATTA

Block of 5 units on offer from the receiver and manager. Each unit has an area of 50m2 (total 250m2)* Total Site area - 481m2* MAIN FEATURES: - Five (5) x two (2) Bedroom units - fully leased currently returning approximately $65,280 per annum - Prime 481m2* one street back from Rainbow Bay beachfront - Zoning: Coolangatta Local Area Plan - RD 7 (i.e. 1br per 25m2 of land area) - 12.57m Eden Avenue frontage - Height limitation up to 10 levels, subject to council approval PROPERTY DETAILS: L12 RP 173867: Parish Tallebudgera RECEIVER AND MANAGER APPOINTED LOCATION: Rainbow beachside position, 100m to surf and recreational beaches including Snapper, Greenmount and D-Bah within walking distance. Coolangatta CBD is just down the road and minutes to major Tweed shopping , airport , golf and bowls etc.