35 Watson Esplanade
SURFERS PARADISE QLD 4217

Phone enquiry code for this property : 5578 CALLING ALL DEVELOPERS & INVESTORS PRIME FREEHOLD BOUTIQUE DEVELOPMENT SITE 627m2 parcel of land Impressive HOLDING INCOME over $100,400pa • HX - Unlimited Building Height • RD7 - Residential Density permits 1-bed per 25 m2 • North facing Waterviews • 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 over $102,000 pa Unit 1…$410pw Unit 2…$285pw Unit 3…$285pw Unit 4…$360pw Unit 5…$321pw Unit 6…$295pw Block of “Six units on One title” providing reduced Council Rates 2021-2022 @ $7179 pa Water Rates 2021-2022 @ $5869 pa No Body Corporates Fees 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 minute walk to Woolworths & Cavill Shopping Mall • 4 minute walk to light Rail. • 6 minute walk to Beach. Phone enquiry code for this property : 5578