Sold Property
$1,250,000
Shaun Kaddatz Harcourts Coastal - Paradise Point
Auction In-Rooms Tuesday 4th October at 11am, Harcourts Coastal Office, 12 Grice Avenue, Paradise Point
Could this be the ultimate investment property? A rare chance to purchase an entire prime 534m2 block with two sizeable townhouses - perfect as a high-cashflow investment with future development upside. Only 300 metres to the Broadwater, and so close to Harbour Town shops and restaurants, this prime location will always be in high demand. Future City Plan amendments mark this site as RD6 and up to 17 metres height, and in the meantime revel in the cash coming in from 2 properties, one of which boasts another separate self-contained living zone. A must to inspect, this one is a cracker! Owners have purchased elsewhere and this will be sold.
* 534m2* block in prime location
* Only 300 metres* (1 min walk) to the Broadwater and parklands
* 2 x townhouses -1 x 3 bedroom (2 bedroom with an extra 1 bed self-contained living zone) and 1 x 2 bedroom
* Opportunity for significant rental income
* No body corporate - just shared strata insurance
* Incredible future upside potential**
* Current Proposed City Plan Amendments have this site designated in the Medium Density Residential Zone with 17 metre building height and 1 bed per 33m2 (RD6)**
* Each townhouse offers a great sized kitchen with dishwasher, generous living area with separate dining, and master bedroom plus second bedroom upstairs with large shared bathroom/laundry
* Both townhouses feature covered outdoor deck looking over private fenced courtyard, drive-in parking, all bedrooms and living areas are air-conditioned
* Townhouse 1 also offers extra carport, and a self-contained one bedroom living zone with bathroom, separate toilet and kitchenette
* Serious lifestyle destination with so many beautiful walking tracks, parks, dining and entertainment nearby
* Quick 4 minute drive (2km*) to Harbour Town Premium Outlet Shopping Centre, Reading Cinemas and an abundance of quality shops, restaurants and cafes
* Only 1.5km to Marine Parade waterfront dining precinct
* 5 minute walk to local shops at Metro Market
*approx
**subject to Council approvals
So many fabulous possibilities with this site in a beautiful peaceful coastal location - reap the cashflow as is currently and into the future.
Call Shaun today to discuss this unique opportunity!
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.
Property ID: #QPP6888
Office
Sold Property
Auction In-Rooms Tuesday 4th October at 11am, Harcourts Coastal Office, 12 Grice Avenue, Paradise Point
Could this be the ultimate investment property? A rare chance to purchase an entire prime 534m2 block with two sizeable townhouses - perfect as a high-cashflow investment with future development upside. Only 300 metres to the Broadwater, and so close to Harbour Town shops and restaurants, this prime location will always be in high demand. Future City Plan amendments mark this site as RD6 and up to 17 metres height, and in the meantime revel in the cash coming in from 2 properties, one of which boasts another separate self-contained living zone. A must to inspect, this one is a cracker! Owners have purchased elsewhere and this will be sold.
* 534m2* block in prime location
* Only 300 metres* (1 min walk) to the Broadwater and parklands
* 2 x townhouses -1 x 3 bedroom (2 bedroom with an extra 1 bed self-contained living zone) and 1 x 2 bedroom
* Opportunity for significant rental income
* No body corporate - just shared strata insurance
* Incredible future upside potential**
* Current Proposed City Plan Amendments have this site designated in the Medium Density Residential Zone with 17 metre building height and 1 bed per 33m2 (RD6)**
* Each townhouse offers a great sized kitchen with dishwasher, generous living area with separate dining, and master bedroom plus second bedroom upstairs with large shared bathroom/laundry
* Both townhouses feature covered outdoor deck looking over private fenced courtyard, drive-in parking, all bedrooms and living areas are air-conditioned
* Townhouse 1 also offers extra carport, and a self-contained one bedroom living zone with bathroom, separate toilet and kitchenette
* Serious lifestyle destination with so many beautiful walking tracks, parks, dining and entertainment nearby
* Quick 4 minute drive (2km*) to Harbour Town Premium Outlet Shopping Centre, Reading Cinemas and an abundance of quality shops, restaurants and cafes
* Only 1.5km to Marine Parade waterfront dining precinct
* 5 minute walk to local shops at Metro Market
*approx
**subject to Council approvals
So many fabulous possibilities with this site in a beautiful peaceful coastal location - reap the cashflow as is currently and into the future.
Call Shaun today to discuss this unique opportunity!
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.
Property ID: #QPP6888
Shaun Kaddatz Harcourts Coastal - Paradise Point
Office Harcourts Coastal - Paradise Point
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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