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House in Ashmore
Almost A Quarter Of an Acre Of Prime Redevelopment Land
- 3 Beds
- 1 Bath
- 1 Car
No this is not a misprint, our motivated seller has given very clear instructions to sell this absolute bargain priced once in a lifetime investment opportunity. With a 978m2* allotment with an existing 3 bedroom home situated at the front of the block leaving approximately 500m2* of land at the rear for redevelopment. The existing house is rented out for $350 per week and with some modest improvements could see a much larger rental return.
978m2* block prime for redevelopment. Preliminary Council enquiries indicate sub division using a community titles scheme would be possible with council approval. Sub divide, sell the house at the front and build a new dwelling at the back which could also be sold off.
Existing house features 3 bedrooms, high ceilings, lock up garage and rents for $350 per week.
Fantastic location - 4.8km* to the Gold Coast University Hospital, 4km* to the M1 motorway, 1.6km* to the Ashmore Plaza Shopping Centre and walking distance to the Trinity Lutheran Private School.
Don't miss out on this golden opportunity, enquire today or simply miss out!
* approx
- Single Garage
978m² / 0.24 acres
3
1