Investment - Future Redevelopment
- 15 Beds
- 7 Baths
Are you looking for a sound investment, large development site or a classic house of yesteryear? Sprawled over 3 titles on a large 1,924m² block close to Coolangatta / Tweed Heads CBD, this exceptional opportunity comprises of a 1950's house plus 2 free-standing income producing flats each with their own title and offering multiple exciting options.
Explore your options to potentially amalgamate the site, apply to increase the density & build luxury apartment accommodation (subject to Gold Coast City Council / Town Planning approval.) To satisfy your due diligence, we would strongly recommend to contact them on 07 5582 8211.
Each property is Zoned RD1 which allows 1 dwelling per 400m² net site area and has a two storey height limit.
Acquire now, a casual stroll will bring you to Coolangatta & Tweed CBD with world famous surfing beaches, first class dining, shopping, licensed clubs and entertainment. Close proximity to major infrastructure, public transport, local shops, Gold Coast Airport with easy access to M1 Motorway and many Gold Coast attractions.
- 7 Income producing dwellings
- 6 units + 3 bedroom house
- 3 titles - 1,924*m² land
- Fully leased returning over $90,000* p.a. gross
- 800*m to Coolangatta Beach & CBD
- Major shopping centres and new Strand Centre
- Property memorandum available upon request
Seller instructs immediate sale, don't miss this outstanding opportunity!
To complete your due diligence we recommend to call Town Planning at The Gold Coast City Council for further information on 07 5582 8211
- Low density residential
- Two level height limit
- One dwelling per 400m²