An idyllic position in a popular beachside enclave only a few doors from the sand and surf, this property is in good condition with solid brick construction and provides a plethora of options for an astute investor or home occupier.
The new owner could benefit from all 3 income streams or lease two units while utilising the other. Alternatively, you could occupy as a family compound, reconfigure the existing floor plan into a family home or redevelop a luxurious residence by the beach.
Unit 1 - top floor, cool and breezy balcony, timber floors throughout, 3 bedrooms, 2 bathrooms, own laundry & secure courtyard for pet, 2 car garage with internal access to unit.
Rental market opinion $460* per week
Unit 2 - top floor north facing, filtered blue ocean views, 2 bedrooms, recently modernised with new carpet, air-conditioning, single garage, shares laundry with unit 3.
Rental market opinion $430* per week
Unit 3 - ground floor neat and tidy, 2 bedrooms, new kitchen and carpet, shares laundry with unit 2, 1 car off street parking.
Rental return $310* per week
Hit the beach running in a matter of seconds or walk home wet from the surf, you're literally only 80 metres away.
This exceptional position provides easy access to Currumbin or Tugun Village with a choice of cafes, fresh produce, a variety of convenience stores & boutique shops without picking the car keys up.
- Entire block of 3 units on 1 title
- High demand rental properties
- Great self managed super fund investment
- Rental return $1,200* p/week, no body corp
- Invest, occupy or scope to redevelop
- 405*m² block, prime beachside position
- 1 x 3 bedroom unit & 2 x 2 bedroom units
- Close to Flat Rock & oceanfront parkland
- Each unit individually metred with electricity
- GCCC Rates, $2,648.71* (1 July - 31 December 2015)
- Full property memorandum available
Tugun is conveniently located on the Southern Gold Coast between Currumbin and Coolangatta within a 1 hour* drive from Brisbane on the M1 and a 1 hour* flight from Sydney.
* approx
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