35 Watson Esplanade, Surfers Paradise QLD 4217

Phone enquiry code for this property : 0384
CALLING ALL DEVELOPERS & INVESTORS.

PRIME FREEHOLD BOUTIQUE DEVELOPMENT SITE 627m2 parcel of land.

Impressive HOLDING INCOME $138.500 pa.


• High Density Residential

• RD7 - Residential Density permits 1-bed per 25 m2.

• North facing Water Views.

• Unique Corner Block allowing separate ingress & egress for developers.



Blue Chip Investment for future development offering panoramic water views and Hinterland sunsets. Strong holding income allows multiple commercial options, including maintaining current business, multi-level residential with ground floor commercial/retail redevelopment.(STCA)

Opportunities like this one only come up once in a generation, so do not delay.



CURRENT impressive Income summary over $138,500 pa

Unit 1…$480pw

Unit 2…$390pw

Unit 3…$400pw

Unit 4…$ 550pw

Unit 5…$435pw

Unit 6…$400pw



Block of “Six units on One title” providing reduced

Council Rates 2023 @ $8140 pa

Water Rates 2023 @ $10,422 pa

Strata Management Fees @ $0.pa



General Features

• Bedrooms: 9 with built-in robes & ceiling fans.

• Living and Bedroom areas tiled throughout.

• Bathrooms: 6

• Car Spaces: 7

• Communal coin laundry



Other Features

• 3 minutes walk to Woolworths & Cavill Shopping Mall.

• 4 minute walk to light Rail.

• 6 minute walk to Beach.
Phone enquiry code for this property : 0384