Real Estate Australia

One of a Kind - 5 Individually Titled Units on Prime Corner Block
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Property Location: 1-5/88 Paradise Island SURFERS PARADISE - - QLD

Listing Id: NGVW  

Details

Bedrooms: 10    Bathrooms: 5

Description: Fully leased and separately titled, this rare offering presents a unique chance to secure a high-performing asset in a tightly held area. Set on a 506m² block with exciting future redevelopment potential, this is an opportunity not to be missed. -Entire block of units -High Density Residential RD7 - Residential Density permits 1-bed per 25 m2. -Corner position just 300m from the beach -Five individually titled units -Fully leased, offering immediate rental income 3 × 2-Bed, 1-Bath Units 1 x 3-Bed, 1-Bath Unit 1 x 1 Bed, 1-Bath Unit Strong Holding Income with Future Upside Offering a solid return, this property currently produces approximately $160,000 in annual income, supported by a strong rental history in a high-demand area. This prime location offers immediate access to the light rail. Short walk to Surfers Paradise CBD, patrolled beaches, enticing restaurants, cafes, and scenic parks-all within easy reach. With everything conveniently within reach. Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. All information contained in the RE/MAX website is provided as a convenience to clients. All property prices displayed on the Website are current at the time of issue, but may change at any time and are subject to availability.

One of a Kind - 5 Individually Titled Units on Prime Corner Block
Contact Agent

Contact RE/MAX Regency Today!!!

Contact Ray Takahashi
Phone 0412 801 430

Property ID:NGVW
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