205-207 Victoria Avenue, Margate QLD 4019

ASTUTE DEVELOPERS AND UNIT BLOCK INVESTORS WILL BE EXCITED BY THIS TWO LOT 1569 SQ SITE WITH SIDE BY SIDE UNIT BLOCKS RETURNING $123,240.00 PER YEAR IN HOLDING INCOME. The raised and slightly elevated site is situated in easy access of Suttons Beach Margate, the Kippa Ring railway station and ample shopping facilities which has ensured a high occupancy rate and continual tenancy supply. Our reluctant sellers have owned the property for many years and are genuine in wanting the property SOLD.
Interested buyers should contact Andrew Sim on 0426 582 818 for full tenancy detail and outgoings. Private viewing appointments by arrangement with agent. NB. THIS PROPERTY IS RIPE FOR RE-DEVELOPMENT AND ENJOYS A HOLDING INCOME OF $123,240.00 PA.