Sales Properties

Price
$448,000

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.

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