35 Watson Esplanade, Surfers Paradise, QLD 4217

35 Watson Esplanade, SURFERS PARADISE 4217 QLD.

Phone enquiry code for this property : 4890

CALLING ALL DEVELOPERS & INVESTORS!

PRIME FREEHOLD BOUTIQUE DEVELOPMENT SITE 627m2 parcel of land
Impressive HOLDING INCOME over $100,400pa

ZONING
• HX - Unlimited Building Height.
• RD7 - Residential Density permits 1-bed per 25 m2
• North facing Waterviews
• Unique Corner Block allowing separate ingress & egress for developers.

Blue Chip Investment for future development offering panoramic water views and Hinterland sunsets. Strong holding income allows multiple commercial options, including maintaining current business, multi-level residential with ground floor commercial/retail redevelopment.(STCA)
Opportunities like this one only come up once in a generation, so do not delay.

CURRENT impressive Income summary over $100,400 pa
Unit 1…$410pw
Unit 2…$275pw
Unit 3…$285pw
Unit 4…$350pw
Unit 5…$321pw
Unit 6…$285pw

Block of “Six units on One title” providing reduced
Council Rates 2021-2022 @ $7179 pa
Water Rates 2021-2022 @ $5869 pa
No Body Corporates Fees

General Features
• Bedrooms:9 with built-in robes & ceiling fans
• Living and Bedroom areas tiled throughout
• Bathrooms:6
• Car Spaces:7
• Communal coin laundry

Other Features
• 3 minute walk to Woolworths & Cavill Shopping Mall
• 4 minute walk to light Rail.
• 6 minute walk to Beach.

Phone enquiry code for this property : 4890