This property is a house on a parcel in 584/RP96896 Tugun QLD. Similar properties have sold for approximately $690,000. The local council is Gold Coast City - Gold Coast, it has 4 bedrooms, 1 bathroom.
HUGE POTENTIAL RENOVATE HOME or DUPLEX SITE SATURDAY OPEN HOME CANCELLED.This is an amazing offering in a TUGUN hotspot!As an elevated corner block it captures an inviting view over rooftops and neighbouring trees and enjoys delicious sea breezes from the ocean beyond.The existing 4 bedroom home has a huge outdoor entertainers deck overlooking an inground pool which has been a much appreciated respite over this hot summer. Below decks is garaging as well as several rooms previously plumbed with another toilet, shower and sauna as well as storage/rumpus room capacity and laundry. While it's obvious the current residence could use a little love and imagination the opportunity to transform it into an amazing home cannot be understated.Equally the opportunity to capitalise on the lucrative duplex market would have to be front of mind for developers where each property can have a separate driveway entrance from each street affording a sense of individuality and privacy.Currently tenanted at $520 a week on a periodic lease you can buy now and pay the mortgage until you're ready to move in, renovate or develop.With so much to offer you'll need to be ready to act ASAP! Prime 511sqm elevated corner block with 2 street access Four bedroom home with huge deck overlooking large inground pool Massive lower level for garaging, laundry, rumpus and potential additional living STCA New roof replaced only 12 months ago Incredible duplex development site potential Less than 1 km walk to Tugun shops and beachfront 250 metre walk to local shops, Bowls Club, parks and bus transport Great tenants on periodic lease paying $520 a week