13 Adori Street, Chevron Island, Qld 4217

Offers above $2,000,000

Block Of Units
Type
4
Bedrooms
4
Bathrooms

Published on Tuesday, June 30, 2026 ( See property details for 13 Adori Street, Chevron Island, Qld 4217)

Offers above $2,000,000

Anthony Cherry Sales and Marketing Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity to own a fully leased block of four one-bedroom units in the heart of Chevron Island with future redevelopment potential.

🏡 Property Highlights

  • Rare opportunity to acquire an entire block of flats on one title in Chevron Island
  • Prime central location close to cafes, restaurants, beaches, and amenities
  • Fully leased with stable rental income and fixed lease terms in place
  • Potential for future redevelopment (subject to council approval)
  • No body corporate fees, offering cost-effective ownership
  • Set on a 506m2 block with four fully self-contained one-bedroom units

✨ Key Features

  • Air Conditioning
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Internal Laundry
  • Open-Plan Living
  • Extra Storage (Shed/Linen)
  • Walkability Score

Chevron Island is a vibrant and highly sought-after suburb renowned for its lively cafes, restaurants, and bars. Its proximity to Surfers Paradise beaches and the HOTA arts precinct makes it ideal for lifestyle-focused buyers. The area offers excellent walkability, public transport access, and a strong community atmosphere. With ongoing development and a prime central location, Chevron Island presents a compelling investment and lifestyle opportunity.

What is the current rental income generated by the property?
The combined weekly rental income from all four units is $1,720, with individual rents of $410, $410, $470, and $430 respectively.
Are there any restrictions or approvals needed for future redevelopment?
Future redevelopment is subject to council approval; potential buyers should consult local planning regulations for detailed information.
What are the maintenance and management responsibilities for this property?
As the property consists of individual units on one title with no body corporate, maintenance responsibilities are shared among the owner, with tenants responsible for their own units.
Is there any ongoing strata or body corporate fee?
No, there are no body corporate fees associated with this property.
What are the zoning and planning restrictions for this property?
The property is subject to local council zoning regulations, which should be verified with the relevant planning authority for specific restrictions and potential uses.
Are there any existing planning or building approvals for future redevelopment? Are there any known issues with the property's structure or services? What are the total ongoing costs, including council rates and maintenance? Are there any easements or zoning restrictions that could impact redevelopment? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or construction projects nearby that could affect the property? What are the terms of the current leases, and are there any options for renewal? Are there any restrictions on subletting or further subdivision? What are the long-term capital growth prospects for this location? Is the property compliant with all local building and safety regulations?

13 Adori Street, Chevron Island, Qld 4217 - More Details

Offers above $2,000,000

Here is a rare opportunity to secure this entire block of flats on one title that are positioned right in the heart of vibrant and popular Chevron Island. The property consists of 4 x 1 bedroom units. Each has their own kitchen, open plan living/dining area, bedroom and bathroom/laundry. Representing an outstanding investment opportunity in a premier position,
all units are fully leased with tenants in place (See fixed lease details below). This property offers the astute investor the chance to secure a solid block of flats with huge potential.


Property Overview:

Entire block of flats on 1 Title are set on a 506m2 block.
4 x 1 bedroom units with no body corporate.
All flat's living rooms have had new air-conditioning units installed.
Rare opportunity to secure this property in a prime central location with future re-development potential(Subject To Council Approval) with rental income in the meantime.

Fixed leases in place as follows:-
Unit 1 - $410 per week till 09/02/27
Unit 2 - $410 per week till 02/03/27
Unit 3 - $470 per week till 30/05/27
Unit 4 - $430 per week till 31/03/27

These flats are only a short stroll to Chevron Island's coffee shops, restaurants, bars, grocers, doctor, dentist, chemist etc on the Island and only a short stroll to Surfers Paradise CBD and beaches, HOTA(Home of the Arts), public transport and amenities.

Please contact exclusive agent Anthony Cherry on 0413 438 141 for more information & to arrange an inspection.



Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Type
Block Of Units
Bedrooms
4
Bathrooms
4

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