Block of Flats - Prized Boat Harbour Position

Looking for a smart investment opportunity? Look no further than this block of four x 1 bedroom flats at Paradise Point overlooking the Boat Harbour.

With each of the flats currently tenanted you will enjoy a consistent income stream + potential for redevelopment with medium density zoning.

With Paradise Point being one of the Gold Coast’s most sought after locations, this property is sure to be in high demand for years to come. Whether you’re looking to rent out the flats as-is or explore the potential for redevelopment, this is an investment opportunity you don’t want to miss.

• Unique position overlooking the Paradise Point Boat Harbour, short walk to Paradise Point Village & Broadwater, surrounded by endless walking/bike trails
• Steady income stream in place, with Medium density zoning providing significant upside potential
• 521*m2 land area, 14.4* metre street frontage
• 4 x 1 bedroom flats, all currently tenanted
• Current rental return of $1,145

*approximate

Property ID: 1271580