Sold for $740,000
Sold for $740,000226 Cypress Street, Urangan QLD 4655
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Property was sold on 28 July 2021.
Sold on 28 July 2021.
5 beds
3 baths
3 cars
Block of Units
964m²
5
3
3
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Block of Units
964m²
This property is nestled close to the sandy shores, offering an idyllic beach lifestyle.
If you ever wanted to make a rock solid investment - this is it - literally! This Besser Block building is arranged as 3 flats and currently produces $800pwk. Zoned High Density, there is plenty of scope for future development with indications that the land can yield 9-10 units under the current town plan. Short to medium term, enjoy the income and maybe increase the yield by adding more units at the front… Whatever you decide, rest assured this is real estate gold one street from the beach and in the highly desired suburb of Urangan. Excellent amenities are within easy walking distance and the airport is a short drive. Do not miss this chance - the current vendor is extremely genuine about achieving a sale so make an offer today. Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.