Potential re-development site - Investors take note!!!

SOLD - This listing was sold in February 2015
Renovated two storey residence set in the middle of Chevron Island and ideal for an investment property, with tenant already in place paying $295 per week on a lease until 13th August 2015.

This complex has only 16 units and is set on over 2500sqm of prime potential redevelopment land as the block backs onto Darrambal Street, and being an older block this really could be a fantastic investment decision.

* Spacious two bedrooms all with built ins/ master with air conditioner
* Open plan living/dining opening out to cute paved backyard area
* Functional kitchen - ample bench space and plenty of cupboards
* Currently rented at $295 per week. Lease expires 13th August 2015
* Body corp approx. $45 per week. 16 Units within the complex
* Prime re-development land - over 2500sqm of flat land with dual street access
* Centrally located within walking distance to shops, transport, light rail, parks
* Beach, restaurants, trendy cafes and city night life
* Facilities include large saltwater swimming pool and under cover parking
* Council rates - $698 per 6 months. Water rates - $455 per 6 months (approx.)

For more information on this property, contact selling agent Michael Elliss.

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Main Property Features

Listing Number: BB8287

Property Type:
Unit, Apartment
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Harcourts Broadbeach - Mermaid Waters

69 Rio Vista Boulevard
Broadbeach Waters
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