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Overview

  • 1161329
  • House
  • Sold!
  • 2
  • 7
  • 2

Description

SOLD UNDER THE HAMMER PRIME DEVELOPMENT SITE - CURRENTLY POSITIVE GEARING - DUAL OCCUPANCY $645PW RETURN 607m2

This is a very unique opportunity for those smart investors or budding developers, with unprecedented major projects given the green light on the Sunshine Coast, including the Airport expansion, Hospital and in close proximity to this site the new business CBD of Maroochydore is underway. With so much room to value add on this site accompanied with its central proximity to the Maroochy River, Ocean St and Cotton Tree the return on investment is golden, with 4 bedrooms, 1 bathroom, 1 garage upstairs renting for $360pw and 3 bedroom, 1 bathroom, 1 garage down stairs renting for $285pw, a total return of $645pw, this is a positive gearing property option. This site must be sold, all written unconditional offers will be considered prior to auction. Contracts and terms of auction are available upon Enquiry.


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Floorplan



4 Norman Avenue, Maroochydore Floor Plan

Floor Plan 1