20 First Avenue, Palm Beach QLD 4221

Huge opportunity for the right buyer to finish this partially built property and reap the rewards.

The existing builder has collapsed leaving the owner seeking a sale or Joint Venture to finish the building.

Plans and approvals are in place to potentially split into three seperate 2-bedroom dwellings plus a carer's quarters - to be split into three strata titled properties or a community title. The build has been purpose built to meet the requirements for NDIS (SDA) funded accomodation which has potential return of $130,000 per dwelling per annum (subject to relevant approvals).
Highlights:
- Prime 620sqm Palm Beach block - zoned medium density residential
- Purpose built (partially) for NDIS/SDA funded accomodation (subject to relevant approvals)
- Approx 350m flat walk to beach
- Approx 350m flat walk to Pavilions on Fifth Shopping Centre
- Close to cafe's restaurants and amenities
- Easy access to M1, John Flynn Hospital, Southern Cross University

Contact us now for more information.

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