35 Watson Esplanade, Surfers Paradise, QLD 4217

Phone enquiry code for this property : 0384

CALLING ALL DEVELOPERS & INVESTORS.

PRIME FREEHOLD BOUTIQUE DEVELOPMENT SITE 627m2 parcel of land..

Impressive HOLDING INCOME $151,214 pa.

High Density Residential

RD7 - Residential Density permits 1-bed per 25 m2.

North facing Water Views.

Unique Corner Block allowing separate ingress & egress for developers.

Blue Chip Investment for future development offering panoramic water views and Hinterland sunsets. Strong holding income allows multiple commercial options, including maintaining current business, multi-level residential with ground floor commercial/retail redevelopment.(STCA)

Opportunities like this one only come up once in a generation, so do not delay.

CURRENT impressive Income summary

Unit 1$580pw

Unit 2$410pw

Unit 3$430pw

Unit 4$ 560pw

Unit 5$550pw

Unit 6$400pw

Block of Six units on One title providing reduced

Council Rates 2023 @ $8140 pa

Water Rates 2023 @ $10,422 pa

Strata Management Fees @ $0.pa.

General Features

Bedrooms: 9 with built-in robes & ceiling fans.

Living and Bedroom areas tiled throughout.

Bathrooms: 6

Car Spaces: 7

Communal coin laundry

Other Features

3 minutes walk to Woolworths & Cavill Shopping Mall.

4 minute walk to light Rail.

6 minute walk to Beach.

Phone enquiry code for this property : 0384