8 Sunrise Boulevard, Surfers Paradise QLD 4217

$1,290,000

5 beds

3 baths

2 parking

Redevelopment Potential, Prime Positioned, Walk to the Beach

Be quick to secure this large two level property on a prime positioned in Central Surfers Paradise.
Currently a strata title duplexes (lot 1 downstairs, lot 2 upstairs)
An ideal opportunity for re-development (STCA), hold onto with great rental return of approximately $48,000 per annum or live in one while renting out the other, the property provides a versatile investment with so many options.

- Prime positioned 508m2 block with amazing re-development potential (STCA)
- 3 bedrooms 2 bathroom upstairs, 2 bedrooms 1 bathroom downstairs
- 2 car lock up garage
- Solidly constructed brick and tile property
- Low holding costs and a high rental return of approximately $48,000 per year
- High occupancy rate
- Perfect for investors or owner occupiers

Lot 1 (Downstairs)
2 spacious bedrooms 1 bathroom renting for $420 per week
Size 75.4m2

Lot 2 (Upstairs)
3 spacious bedrooms with built in wardrobes, 2 bathroom renting for $500 per week
Large open living and dining
Size 105m2

Outgoings
GC City Council Rates: $3,988 per year approx.
Water: $3,780 per year approx.


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Property Details

• Type: DuplexSemi-detached
• Bedrooms: 5
• Bathrooms: 3
• Garage Spaces: 2
• Land Area: 506 m² (approx)