18 Leonard Avenue, Surfers Paradise QLD 4217

This is a sensational opportunity to secure a block of three strata titled apartments situated on a 508m2 block to either retain as a passive investment, redevelop or renovate. Location wise the property is a short walk to the Surfers Paradise CBD, surf beach, HOTA entertainment precinct or the Chevron Island shops/restaurants.

• Invest for income, redevelop or renovate
• DA approval for six units across seven floors
• Fixed term leases in place
• Annual gross rental income is $81,380.00
• Walk to Surfers CBD, shops and beach
• A fantastic real estate opportunity
• Be sure to inspect - will be sold!

Yearly council rates notices totalled $7,968.48 (based on period 1 Jan 2025 to 30 June 2025)
Yearly water rates notices totalled $1,214.82 (period 26 February 2025 to 26 May 2025)

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. 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.