Amalgamated Beachside Whole Block of Units

All the hard work has been done with 6 separate owners coming together as an entire body corporate to present a rarely seen opportunity for buyers. Having all 6 owners prepared to sell at the one time is rarely seen, so could this be the best investment of your lifetime? An oversized 647m2 block of land with a wide 20 metre street frontage does not come around very often in the heart of the popular and highly sought after Nobby Beach, with its stylish bars, restaurants and boutique shops. Couple this with 6 strata titled units and your mind starts churning through your many options The units in ‘Seagull Lodge’ consist of 4 x 2 bedroom and 2 x 1 bedroom units each with their own bathroom and offers the astute investor the opportunity to take advantage of the multiple income streams totalling around $100,000 per annum. Will you landbank and forever reap the rewards of this Blue Chip return on investment? Redevelop? Or build your one-of-a-kind dream family home on one of the biggest blocks on the street?

Features include:
– Large 647 m2 block with wide 20 metre street frontage
– 6 strata titled units
– 4 x 2 bedroom and 2 x 1 bedroom units
– Blue chip investment opportunity for your portfolio
– Redevelopment opportunity
– Prime location – stones throw from the popular Nobby’s precinct with stylish bars, restaurants and boutique shops
– Walk to the patrolled beach daily

Nobby’s Beach is ever growing and changing – it is seen as a capital growth hot-spot for the future – the bigger the block the bigger you will financially benefit, so don’t let this opportunity pass you by. Call Luke Henderson or Tony V today to book your inspection that could change your life.

Council Rates: approx. $12,568 p.a.
Water Rates: approx. $8,480 p.a.
Rental Income: Approximately $100,000 p.a.

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Property ID: 959948