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UNDER CONTRACT
This centrally located Cotton Tree block has huge potential for the right investor. With ample options to develop whether it be commercial, residential or renovate the existing dwelling for your new family home, it's yours for the taking.
Located just 350m to Cotton Tree Esplanade and a myriad of cafes, restaurants and shops, opportunities like this don't raise their heads very often. Take a short walk down to the Maroochy River, beach, or see the night lights along Ocean Street and the future Principal Activity Centre. Set on a 647m2 high density block, future developments can see residents just a short stroll away from all the coast has to offer.
The current dwelling is permanently tenanted with a great holding income and also potential for the savvy renovator. It consists of 4 bedrooms, 3 bathrooms, 2 living areas, 2 kitchens and a separate laundry, double lock up garage, covered parking and outside shed.
~ Prime central Cotton Tree location
~ 647m2 block zoned high density
~ Existing dwelling with great holding income
~ 350m to Cotton Tree Esplanade and cafes, shops and restaurants
~ Renovate or demolish and develop
~ Rental return of $340 per week
92 Duporth Ave, Maroochydore QLD 4558
Call Ryan Tomlinson on
0467 201 183
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