Welcome to a unique investment opportunity in the central hub of Southport. This versatile property on Beale Street is perfect for investors, land-bankers, or developers, offering endless potential and possibilities. Located just steps from Southport State High School, this property is a rare find in this vibrant community. Invest, Land Bank or Develop - This property will be sold “Where Is, As Is," provides two revenue streams with two tenants currently occupying the space. The residential tenant enjoys a quaint 3-bed, 1-bath home with a large, flat backyard, rented at $500 per week. Adjacent, a NewsAgent shop offers an additional rental income of $300 per week. Combined, this property generates a total of $800 per week. - Outdoor Space: Great Back Yard - The residence boasts a spacious backyard, perfect for families and those who love outdoor living. Despite the property's age, the large flat yard presents a blank canvas for landscaping or potential development. Prime Location: Central to Everything - Enjoy unparalleled convenience with this prime location in Southport. Just 100 meters from Southport State High School, the property offers easy access for families. The nearby Smith Street provides direct access to the motorway, ensuring seamless connectivity for commuters. Public transport options are abundant, further enhancing the property's accessibility. - Investment Potential: Endless Opportunities - First time on the market in over 24 years, this property offers extraordinary potential whether you're looking to invest, hold, or develop. Its central location and existing rental income make it a favorable choice for savvy investors and developers ready to seize the opportunity to transform or enhance this property to its maximum potential. Don't Miss Out! This is a rare chance to secure a prime piece of real estate in the heart of Southport. With its great central location, established rental income, and the opportunity to invest, hold, or develop, this property won't stay on the market for long. Act fast to capitalize on this exceptional investment opportunity at 39 Beale Street. Schedule your viewing today and explore the limitless possibilities that await!
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Property ID: 146696372