3 Urangan Street, Torquay QLD 4655

Offers Over $1,140,000

6 beds

3 baths

3 parking

Opportunity Awaits

Welcome to 3 Urangan St, Torquay which represents a great opportunity for the savvy investor. Boasting 3 fully let, 2 bedroom units, currently returning over $50,000 per annum. This complex sits on a large 1821m2, north facing block only a very short stroll to pristine beaches, school, shops, transport and the vibrant Torquay shopping centre. This is a blue chip investment for the future and opportunities in the location can best be described as rare.

Highlights include:
• 1821m2 allotment zoned "medium density" with a development permit in place with the Fraser Coast Regional Council for multiple dwellings
• 3 fully let, 2 bedroom units in good condition
• Great elevated, north facing property in a very popular, central location close to all amenities and the beach.

Be quick for this one which represents a great opportunity for investors and developers alike.

Call listing agent Kim Carter Or Brad Mitchell today to book an inspection!

Property Details

• Type: BlockOfUnits
• Bedrooms: 6
• Bathrooms: 3
• Garage Spaces: 3
• Land Area: 1,821 m² (approx)

Features

• Air Conditioning
• Built-In Robes

• Other features: units,multiunits,investment,Subdivide STCA