This is a unit in 18/RP78135 Miami QLD. We estimate its value at $950,000. Constructed in 1970, featuring 4 bedrooms and 2 bathrooms.
CONTRACT COLLAPASED!!! RARE SECOND CHANCE!!! BEACH HOUSE OR DUPLEX'S WITH GREAT RENTAL!!! RES C BLOCK!!! This property is under one title though is currently leased as two separate duplex's and is zoned Residential C!This property allows the option that very few do!You can potentially use this as one big house consisting of 4 very generous sized bedrooms, 2 large bathrooms, 2, kitchens, 2 garages, with lovely stylish timber flooring through out and off street parking for several more cars.The other option which the current owners have in place is to lease them as two separate duplex's!This way they consist of two bedrooms, 1 bathroom, 1 modern kitchen, 1 car garage and both have their own large private yard! The front one also has a nice timber deck for entertaining or relaxing along with a modern kitchen and bathroom and air con!The front one is currently returning $465 per week with a lease through till June 2018The rear one has a tenant with a lease through till March 2018 and returning $420 per week.Bringing the total return currently to $885 per week!They both have their own kitchen and living space!This property is a great investment opportunity not only in rental returns potential though capital gains and even future redevelopment being on a Residential C block so hurry as this won't last!