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1-3/40 Australia Avenue, Broadbeach, Qld 4218 1-3/40 Australia Avenue, Broadbeach, Qld 4218-Floorplan Latest Aerial map Imagery for project 1-3/40 Australia Avenue, Broadbeach, Qld 4218

1-3/40 Australia Avenue, Broadbeach, Qld 4218

Bedrooms
7
Bathrooms
5
Parkings
4
Area
438m2
Type
Block Of Units

Last updated on Friday, April 19, 2024

Expressions Of Interest

1-3/40 Australia Avenue, Broadbeach, Qld 4218 - More Details

Expressions Of Interest

Entire Block to be Sold in ONE LINE

This offering represents an exciting opportunity for developers or investors to acquire a prime parcel of land with three (3) units within the heart of Broadbeach.

The property consists of:
• 2 x 2 bedroom/1 bathroom units ( ground floor and 2nd floor apartment)
• 1 x 3 bedroom/2 bathroom ground floor detached dwelling (located at the front of the complex)
• 2 x SLUG garage - one each for the 2 bedroom units
• Triple carport parking with separate driveway designated for 3 bedroom/2 bathroom dwelling
• Site area 617sqm flat useable land
• Zoned RD8 High Density Residential

The property is fully leased with long term tenants in place who are all interested in staying on with new owners. The current owners have opted for long term tenants who have looked after their respective rental property over raising rents per tenancy renewal.

Unit 1 - Lease expiry 18.07.24
Unit 2 - Lease expiry 01.01.25
Unit 3 - Lease expiry 21.07.24

Total rental per week = $1,470 weekly rental

Gold Coast Council Rates
Unit 1 - approximately $2593 per 6 months
Unit 2 - approximately $1871 per 6 months
Unit 3 - approximately $2593 per 6 months

Gold Coast Council Water & Sewerage rates
Unit 1 - approximately $611 per 6 months
Unit 2 - approximately $501 per 6 months
Unit 3 - approximately $611 per 6 months

Presenting a wealth of opportunity to create a multi residential development (STCA) or land bank and keep generating the weekly rent. With seamless connectivity to major transport routes such as the M1 and the light rail, residents enjoy proximity to Pacific Fair Shopping Centre, The Star Casino, Broadbeach restaurants and nightlife culture and of course the famous golden sands of Broadbeach Beach.

The area is ever changing with demand in the area soaring for beachside apartments on the Eastern side of GC Highway. The location benefits from significant value adding proposition through re-negotiations of rents, and/or future re-development upside (STCA)

Amenities are within a stroll of the location including Oasis, Pacific Fair Shopping Centre, Medical centres and other specialty stores including trendy cafes and vibrant food and nightlife culture in the Broadbeach precinct.

EXPRESSIONS OF INTEREST: closing Wednesday 24th April at 2pm
Contact agent for an information pack and expression form.

Type
Block Of Units
Bedrooms
7
Bathrooms
5
Parkings
4
Area
438m2

Historical, Aerial view of properties in a suburb: Broadbeach QLD 4218

Historical, Aerial view of properties in a suburb: Broadbeach QLD 4218

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Email Enquiry To Harcourts Broadbeach - Mermaid Waters

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1-3/40 Australia Avenue Broadbeach QLD 4218

Property FAQs

What is the current asking price for the 1-3/40 Australia Avenue, Broadbeach, Qld 4218?

Harcourts Broadbeach - Mermaid Waters has not listed a sale price for 1-3/40 Australia Avenue, Broadbeach, Qld 4218. Contact the agent for a price guide.

How many bedrooms does the property listed 1-3/40 Australia Avenue, Broadbeach, Qld 4218 feature?

1-3/40 Australia Avenue, Broadbeach, Qld 4218 is a 7 bedroom Block Of Units.

What are the standout features of the 1-3/40 Australia Avenue, Broadbeach, Qld 4218?

Explore all key property features for 1-3/40 Australia Avenue, Broadbeach, Qld 4218. Click here to find out more.

What is the total land area and built-up area of the 1-3/40 Australia Avenue, Broadbeach, Qld 4218?

The total land area and built-up area of the 1-3/40 Australia Avenue, Broadbeach, Qld 4218 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 1-3/40 Australia Avenue, Broadbeach, Qld 4218?

1-3/40 Australia Avenue, Broadbeach, Qld 4218 can accommodated 4 vehicles in the parking area.

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    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

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