$5,950,000
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(no street name provided), Biggera Waters QLD 4216

Other
1598
Block size: 1518 m² approx.

Gold Coast Block of Units - High Income - Redevelopment Site - 50m to Broadwater

The Phone Code for this property is: 31802. Please quote this number when phoning or texting.

For sale. Entire Block.

OPPORTUNITY:
- 8 Renovated Units (6 x 2Bed; 2 x 3Bed)
- Annual Gross Income $232,440 (potential to increase)
- 1518m2 MDR zoning
- up to 14 storeys (STCA)
- 50 metres to the Broadwater and Parklands
- GCCC Targeted Growth Area

Your opportunity to invest in an exceptional capital growth investment underpinned by a substantial 1518 square metre MDR zoned development site with high rental returns.
The apartments have all been professionally renovated including electrical and plumbing upgrades and therefore maintenance is at a minimum.

Future redevelopment of this site will achieve views of Broadwater, Mountains, Surfers Paradise, Seaworld, and Islands.
Recent development applications in this suburb and precinct have been granted up to 14 storeys.

A rare chance to secure one of the few remaining redevelopment sites this close to the water with substantial holding income.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Inspections

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Key details

Bedrooms:
15
Bathrooms:
9
Carport spaces:
8
Property type:
Other
Block Size:
1518 *

Other Details

For Sale By Owner Australia

Property history

We couldn't find any history for this property.
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Biggera Waters suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
45 years
Population
9,973
Listing ID: 181465820. This listing has been viewed 47 times. It was first displayed on 19/03/2023 and last updated on 06/04/2024.
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.