Excellent Development or Investment Opportunity - Block of 4 Units in Premium Position
ATTENTION DEVELOPERS & INVESTORS!
On offer is a tidy block of four units set upon a desirable 526m2 parcel of land, in a premium position for lifestyle and convenience. Set in an outstanding beachside location among up-market buildings, restaurants, cafes, and shopping options, plus Kirra Beach is a mere 250m away.
With great potential for re-development, this property is zoned medium-density residential, with a 7-8 story height limit (STCA), and 19.35m frontage (approximately).
The local area has seen a high demand for multi-dwelling development sites with similar block sizes.
These signature properties are in prime demand and with the market indicating large amounts of interest in these sites, it's a great time to secure with outstanding development upside and holding income.
Property features: * Zoned medium-density residential * 7-8 stories height limit (STCA) * Multi-unit development upside * Outstanding beachside and booming location * Front boundary: 19.35m (approximately) * Rear boundary: 18.68m (approximately) * Right side boundary: 25.7m (approximately) * Left side boundary: 30.61m (approximately)
All units are in good condition and are separately titled, with tenants in place. Each unit comprises 2 bedrooms, 1 bathroom, and 1 carport space.
Potential rental return: $2,000 per week
** Internal images used are of unit 2. Additional images are available upon request.
WHERE TO FROM HERE? Close proximity to public transport 250m walk to Kirra Beach 400m walk to Kirra Village 1.1km drive to The Strand Coolangatta 1.8km drive to Gold Coast International Airport 2.3km drive to Southern Cross University 30 minutes drive to Surfers Paradise 45 minutes drive to Byron Bay 75 minute drive to Brisbane CBD
THE FINER DETAILS: Council Rates: $4,437 per half annum (approximately)ÃÂ Sinking Fund Balance as at 28-02-2022: $16,087.97 Block Size: 526m2
For further information, or to arrange a site inspection, contact Gavin on 0438 243 441.
DISCLAIMER The information relating to this property has been obtained by a third-party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.