Absolute Oceanfront Flats

Blue chip investment with great potential for future redevelopment. This is a terrific opportunity for the astute investor, super fund or owner occupier seeking guaranteed income.
This converted Queenslander is located on a large 1062m2 absolute oceanfront site, which accommodates 3 flats: 1 x three bedroom and 2 x two bedroom. Easement free allowing you to utilise the entire site (subject to council setbacks)
The upstairs, three bedroom flat is very spacious and would potentially suit the owner occupier comfortably. It boasts large bedrooms, roomy dining and lounge room, separate meals area and lock up garage. Located off the kitchen is a massive rooftop terrace with stunning, uninterrupted ocean views.
The 2 x two bedroom units are located on ground level and have an open plan living layout.

Flat 1 - rented for $180 pw
Flat 2 - rented for $160 pw
Flat 3 - rented for $290 pw

The land lends itself to a possible townhouse development or would make an amazing new home site. The major advantage of this property is it is returning an income whilst you decide and plan its potential. One of the very few absolute oceanfront sites available in Bargara.