Welcome to 3 Urangan St, Torquay which represents a great opportunity for the savvy investor. Boasting 3 fully let, 2 bedroom units, currently returning over $50,000 per annum. This complex sits on a large 1821m2, north facing block only a very short stroll to pristine beaches, school, shops, transport and the vibrant Torquay shopping centre. This is a blue chip investment for the future and opportunities in the location can best be described as rare.
Highlights include:
? 1821m2 allotment zoned "medium density" with a development permit in place with the Fraser Coast Regional Council for multiple dwellings
? 3 fully let, 2 bedroom units in good condition
? Great elevated, north facing property in a very popular, central location close to all amenities and the beach.
Be quick for this one which represents a great opportunity for investors and developers alike.
Call listing agent Kim Carter Or Brad Mitchell today to book an inspection!