REDEVELOPMENT AND STRATA POTENTIAL WITH HOLDING INCOME!
Great redevelopment potential with this large corner block located in Rainbow Beach. Currently the property has two 3 bedroom units as permanent rentals.
Strata titling plans are in place to develop the existing structure into a duplex. Alternatively there is also a future development opportunity with the adjacent vacant block at 19 Cooloola Drive.
Land size is 776m2 and units are currently tenanted for a combined $360pwk.