Palm Beach QLD 4221 Palm Beach
We put you first
+ 1
House Sold
6  Beds
  |  
4  Baths
  |  
4  Cars
Sold for $2,120,000
First National Real Estate Property Solutions
DEVELOPMENT SITE / BLOCK OF 4 UNITS
Located in a very sought after position, this property offers a fantastic investment opportunity or a development opportunity or maybe just land bank it.

Comprising of 4 units in original condition, 2 x 2 bedroom units and 2 x 1 bedroom units, currently rented at a total of $1,710 per week.

- 663m2 Block
- Zoned Medium density
- North facing yard
- Original 2 story units over 2 levels
- Council Rates are Approx $3,801.00 per 6 months
- Water is approx. $750 per quarter

These units are located in a bluechip position on a 663m2 block and zoned medium density.

The property is approximately 140 metres to Murlong Crescent which offers a sandy beach and a netted area for the kids to swim and play, boat ramp, BBQ area and parks.
The beach is approximately 800 metres, which has a dog off leash section, Tallebudgera Creek, Custard Cafe and Tallebudgera Surf club.

Whether you are looking to knock down the existing building and redevelop with duplexes or triplex (subject to Council Approval) or you just want to land bank or just build your dream home, this property offers a multitude of opportunities.

The price guide for this property is $2,050,000.00 to $2,295,000.00.


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*Disclaimer
The above information has been furnished to us by the vendor of each property. We have not verified whether or not that information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquires in order to determine whether or not this information is in fact accurate.
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