32 Back Street, Biggera Waters QLD 4216

Zoned RESIDENTIAL D medium density, 615m2 corner block - Potential for 6 x 2 bedders or 3 townhouses.

Located in one of the strong growth hot spots on the Gold Coast, just 100m to Biggera Creek and 2 minute walk to the Gold Coast Seaway, this single titled corner block of 3 units is an opportunity not to be missed.

With a projected rental income of $50,000 per annum and development potential only limited by council zoning regulations which are currently under review.

Unit 1
* Top floor, single brick veneer.
* 3 bedroom, 1 bathroom unit with wide a full length balcony.
* The unit encompasses the entire top level.
* Built in robes, separate toilet, full bath and separate shower and new carpet.
* Potential rental $390.00 per week.

Unit 2
* 2 bedroom, 1 bathroom unit double brick.
* Kitchen renovated approx. 3 years prior with soft close drawers, new bench tops, oven and ceramic cooktop, large high gloss tiles, new vanity in the bathroom and new carpets.
* Currently rented at $310.00 per week.

Unit 3
* 2 bedroom, 1 bathroom unit double brick.
* Renovated approx. 12 yrs prior, built ins, new carpets and vanity.
* Currently rented at $280.00 per week

Suburb information;
Biggera Waters has seen a steady increase in median property prices over a five-year period in the suburb translates to a 0.98% capital gain. This suburb has delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

* Less than 1 km to local schools
* Harbour Town Outlet Premier Outlets within 5 minute drive
* Walk to the fabulous Broadwater with kilometers of walking paths
* Several Caf� within walking distance

For further information and to arrange an inspection contact Catherine Nutt.

Disclaimer:
Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.