$2,120,000

6 Bed  •  4 Bath  •  4 Car

Main view of Homely house listing, Address available on request
Second view of Homely house listing, Address available on request
Third view of Homely house listing, Address available on request
+1

Sold

Address available on request

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$2,120,000

  • 6
  • 4
  • 4

House Sold on Sun 28 Apr, 2024

What's around Palm Beach

House description

“DEVELOPMENT SITE / BLOCK OF 4 UNITS”

Located in a very sought after position, this property offers a fantastic investment opportunity or a development opportunity or maybe just land bank it.

Comprising of 4 units in original condition, 2 x 2 bedroom units and 2 x 1 bedroom units, currently rented at a total of $1,710 per week.

- 663m² Block
- Zoned Medium density
- North facing yard
- Original 2 story units over 2 levels
- Council Rates are Approx $3,801.00 per 6 months
- Water is approx. $750 per quarter

These units are located in a bluechip position on a 663m² block and zoned medium density.

The property is approximately 140 metres to Murlong Crescent which offers a sandy beach and a netted area for the kids to swim and play, boat ramp, BBQ area and parks.
The beach is approximately 800 metres, which has a dog off leash section, Tallebudgera Creek, Custard Café and Tallebudgera Surf club.

Whether you are looking to knock down the existing building and redevelop with duplexes or triplex (subject to Council Approval) or you just want to land bank or just build your dream home, this property offers a multitude of opportunities.

The price guide for this property is $2,050,000.00 to $2,295,000.00.


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*Disclaimer
The above information has been furnished to us by the vendor of each property. We have not verified whether or not that information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquires in order to determine whether or not this information is in fact accurate.

Contact the real estate agent

Jason Taylor

First National Real Estate - Palm Beach

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