Invest in your future with this outstanding opportunity nestled in a strong Gold Coast growth corridor. Perfectly positioned within close proximity to the world-famous Surfers Paradise beaches, restaurants and retail offerings, this is your chance to secure a duplex site zoned for high density residential, right on the city fringe.
Placed on a 506m² level block and with a substantial 17.1m northern frontage, the site is currently configured to host two 2 bedroom, 1 bathroom units per level, each with kitchen, living and dining zones. Separate garages and workshop/storage areas complement this, with a communal swimming pool. Either keep as is to generate an instant rental return, renovate for profit or explore your options to capitalise on the exceptional location with townhouses, duplex villas, apartments, NDIS or short term accommodation options.
Positioned in a sought after south-east pocket of Chevron Island, it's a location that provides the exclusivity and
quietness of an island, whilst being less than 1km from the vibrant heart of Surfers Paradise. Closer to home, grab your morning coffee from a choice of many cafes that line the Thomas Drive retail and eatery precinct, just footsteps away.
Maximise this enticing potential and the high rental yield returns that await. Arrange your inspection today.
Property Specifications:
• Two 2 bed, 1 bath villas on two separate titles - will be sold together
• 506m² level block and with a substantial 17.1m northern frontage
• Zoned for high density residential, right on the city fringe
• Walking distance to Thomas Drive shops, cafes, business amenities and restaurants
• Less than 1km from the vibrant Surfers Paradise beaches, restaurants and retail opportunities
• Can keep as is to generate an instant rental return, renovate for profit or explore options for develop site with townhouses, duplex, apartments, NDIS or short term accommodation
• Current combined rental return of $1070 per week
Council Rates: Approx. $2,839.98 per annum
Water Rates: Approx. $1,876 per annum
Rental Appraisal: $500-$530 per week for each duplex
Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
View more
View more
