29 Kennedy Parade, Golden Beach QLD 4551

Located just 150 metres* from the waters edge of the Pumicestone Passage, 29 Kennedy Parade is comprised of four one bedroom beach flats all in good order renting for a total of $960 per week and is perfectly positioned close to shopping centres, medical centres and the Coastal Walkway.

The is an ideal income producing property with future development potential. Rent it, renovate it, or pull it down and redevelop? Whatever the choice, don't miss out on the opportunity to secure this exciting real estate investment opportunity.

Sitting on a level 607m2* allotment zoned medium density residential (11 metre height limit) the opportunity is there to re-develop and profit.

NOTE - You also have the option of buying this property along with 27 Kennedy Parade next door (also going to Auction on 30 January 2020) to give a combined of 1,214 m2* of land. The property is zoned medium density residential with an 11 metre height limit making this a great townhouse development site (subject to Council approval).

27 Kennedy Parade is an entry level low-set two bedroom beach cottage currently renting for $330 per week to an excellent permanent tenant. The site combined with 27 Kennedy Parade will give you rental return of $1,290 per week while you get your development ready!

These properties are the best development and or holding opportunity offered in Golden Beach for years past and years to come.

So, if you are disappointed with your fixed term deposit, maybe it is time to invest. Has there ever been a better opportunity for you to work out what yield you would like as a return and throw your hat into the ring to secure a fantastic future Golden Beach development opportunity.

*approximately

Auction
In Rooms, The Events Centre, Caloundra
Thursday, January 30 at 11am