2/9 Molucca Avenue

Palm Beach QLD 4221

Great Position ~ Cheap Duplex-Villa OFFERS OVER $225,000
Located in the centre of Palm Beach, this very compact 2 bedroom duplex-villa (one of 3) must be sold as these owners are over a barrel. It offers a great chance for an astute investor or owner-occupier to snap up a real bargain! It has a lock-up garage, and is divided into a kitchen and dining room, a small living room opening to a sunny rear courtyard, two medium sized bedrooms and a bathroom which contains the laundry as well. Being some 67 sq.mts in total, it cannot be described as spacious, however the positiion and being pet-friendly can overcome this downside; you can easily walk to almost anyhwere in the area! The home is rented until March 2013 at around $265p.w. and the really fabulous news is that the 3 owners share the expenses and the Body corporate is only around $800 per year each. (Yes, about $16 per week). As the tenant runs a part-time business from home, the presentation cannot be as good as it might be be, and inspections will need to occur on Saturdays. You might need to use your imagination to see what it could look like if redecorated and well-presented.
The position is sensational and is just 490m to the beach, 680 m to Coles and cafes, 300 mts to Laguna Lake and shops, 1200m to The Pines, and 1100m. to the creek to drop in a line to catch supper.