7 Kitchener Street, Tugun

Property ID:
1P1661
Property Type:
Block Of Units
Bedrooms:
6
Bathrooms:
3
Garage:
2
Land Size:
493m² approx.
Inspection Times:
save as calardar appointment 9:00 AM - 9:20 AM

Create and Update! Investors & Developers Opportunity in Tugun!

For Sale - For Sale By Tender

First time on offer since 2001. Great opportunity for investors and developers. Renovate or redevelop (subject to council approval). Situated on a 493 sqm level block with 3 x 2 bedroom, 1 bathroom apartments. Good rental return from $320 - $370 a week for each. Two top floor units and one ground level. One of the top floor units has been updated with a new kitchen and flooring, the other two are in original condition ready to add your ideas and style.

A short walk to the CBD, trendy cafe's, surf club and beach. Close to the John Flynn Hospital and Coolangatta airport.

Features:>

* Block of 3 Units with Good Rental Returns
* 3 x 2 Bedroom, 1 Bathroom Units
* Double Garage with outside Parking
* Spacious Inside, Veranda, Ceiling Fans, Security Screens
* Level 493 sqm Block
* Development Opportunity (Subject to Council Approval)
* Medium Density Residential
* Next to the Park, No Neighbour on One Side
* All Units are on One Title
* Walking Distance to Tugun Beach, Trendy Cafe's, Shops & Surf Club
* Short 5 Minute Drive to John Flynn Hospital & Coolangatta Airport

Outgoings:

Building & Contents Insurance approximately $5,500 PA.
Rates & Water approximately $5,000 PA.

For sale by tender closing date 19th November 2018. Call Anita to book an appointment to view and submit your offer in writing before the closing date.

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