49 Sunset Boulevard, Surfers Paradise QLD 4217

Freehold High Rental Yield Property with Development Potential
49 SUNSET BOULEVARD, SURFERS PARADISE
All furnished Superb rental opportunity Located in across from main river homes Opportunities like this come but once in a blue moon. The location within the Surfers paradise precinct makes this site suitable for permanent residents or for short term visitors to Surfers paradise. The zoning and unrestricted height limit also represents potential for developers while maintaining an income until ready for the market or development.
The property comprises 5 units on 2 levels all in one title

1 x 4 bedrooms 2 bathroom
1 x 2 bedrooms 2 bathroom
1 x 2 bedrooms 1 bathroom
2 x 1 bedrooms 1 bathroom

In total 10 bedrooms, 7 bathrooms, double secured garage plus 4 car park spaces.

Prime 506sqm premier location, zoned RD7 unlimited height

Tucked away in the waterfront streets of Surfers Paradise is this lovely apartment. Located in a very quiet and friendly block is this top floor unit. With the water and a park right across the road, allowing residents to make the most of the Gold Coast lifestyle by living here.
The property suits a live in resident with a comfortable main residence and a steady income from rental of the other units either short or long term

Features of the units generally
-Separate bedroom with queen bed
-Bathroom access from bedroom
-Laundry facilities located in walk in robe area
-Open plan living/dining and kitchen area, couch and fridge supplied
-Ceiling fans in each room
-Balcony access to unit with sitting area
- Double car garage

Council Rate approx. $4896.24 annually
Water Rate approx. $4000 annually
Rental returns vary between seasons and short term or long term rental. This varies between $3000 and $5000 per week total for the 5 units

*Yellow outline is not boundary line its just to highlight property location*