This property represents an exceptional investment opportunity, featuring a highly desirable location and significant potential. Situated just a short walk from town, this 1138m² flattish block is a rare find in the area. The property includes two units with an estimated rental income of $680 per week, but its prime location also makes it ideal for Airbnb or short-term holiday rentals. Use it to generate income while enjoying the flexibility of a versatile asset that you could redevelop later. Property Highlights: Prime Location: Short walk to town amenities, reducing the need for a car. Expansive Land: 1138m² flat block-ideal for future development or as a land bank. Strong Rental Income: Estimated $680 per week for long-term rental; excellent potential for short-term holiday letting. Unit 1 Features: Lounge Room: Equipped with air conditioning and a wood stove for year-round comfort. Patio: North-facing, sunny, and covered-perfect for relaxing. Main Bedroom: Features a wall of robes and access to the rear garden. Additional Room: Second bedroom or study. Kitchen: Modern with electric cooking facilities. Bathroom: Includes a European laundry. Unit 2 Features: Sitting Room: Air-conditioned for comfort. Bedroom: Spacious and functional. Shower Room: Includes a separate powder room. Outdoor Features: Front Covered Patio: Welcoming and shaded for outdoor enjoyment. Undercover Connection: Convenient link between both units. Rear Covered Patio: Ideal for entertaining or relaxing. Carport & Concrete Driveway: Provides ample parking space. Gardens: Mature formal front garden and a bushy, grassed rear garden with lawns. Garden Shed: For additional storage. This property is not only a solid investment with its current rental potential but also a fantastic opportunity for future development. Whether you choose to move in, develop, or use it as an income-generating asset, its location and features offer remarkable value. Price: All offers over $799,000 will be considered. Move-in ready with extensive potential for enhancement or development. Act Now: Don't miss this chance to secure a prime piece of real estate. Contact us today to explore the possibilities. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information.
Email enquiry to Ray White - RURAL TAMBORINE MOUNTAIN
Property ID: 145813276