11 Sunrise Boulevard

Surfers Paradise QLD 4217

Under the new Gold Coast City Council town plan this property now has an unrestricted development height limit. Situated in the tourist precinct, there would be an option to develop a mixed commercial & residential site, subject to council approval. Photo's #12 & #13 are concept plans that may be considered in the future.
The block has two street accesses, is completely flat and is walking distance to all amenities.
It would be an ideal superfund purchase for someone seeking a stable investment with room for capital growth.
The opportunity on offer:
Brick block of six units; 4 x 2 bedrooms, 2 x 1 bedrooms.
All long standing tenants are on leases
Plenty of undercover parking
Self managed by the one real estate agency
Water views for 4 out of the 6 units
2 upstairs units with balconies
Potential to rebuild and maximise water views
Less than a 5 minute walk to shops, cafes, the light rail, beach and all major amenities
Corner block, with development upside
Infrastructure spending on the Gold Coast is at record levels. The ball has bounced and property prices are on the way up. If you have been thinking and looking, now is the time. Only a select few pictures of the units have been included. We encourage you to attend one of the scheduled inspections or contact Tim Grevell today.
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.