Opportunity Knocks on Duporth Ave - Entire Unit Complex

Here is a rare and unique opportunity to secure this entire unit complex just one street from the Maroochy River and minutes to the beach.<br/><br/>This is the first time the whole complex has come to market and there can only be one fortunate purchaser to reap the potential and profit off this prime blue-chip location.<br/><br/>The complex features 4 x 2 bedroom, one bathroom units, all with large open-plan living/dining and in excellent condition. Each of the units have the added bonus of secure garaging for one car at the front of the building and sizable private common grassed courtyard. <br/><br/>Each unit is approximately 112sqm and each is strata-titled, giving one astute buyer the chance to secure and capitalize on the fastest growing coastal locations in Queensland.<br/><br/>This is a north facing facing block of 759m2 Medium Density Zoned land, close to schools, shopping precincts, restaurants, cafes, and entertainment hubs.<br/><br/>Rental expectations for the units are currently between $460 - $490 per week, this would see an annual income of near $100,000 for the unit block when fully leased. An outstanding return for any type of investor.<br/><br/>With the rental prices and demand increasing, this will only continue to give outstanding returns, now and into the future. <br/><br/>This property would certainly suit a number of investors, retirees who wish to live in one unit and collect an income from the other units, the super investor wishing to add an A+ property to their self-managed super fund to the smart investor who understands that a return such as this is very hard to find and can see the outstanding potential for capital growth in the future.<br/><br/>There is a potential option to develop the property in the future with its Medium Density Zoning with a building height of 12.5 metres, which would allow for a three storey development (depending on plans and subject to Council approval).<br/><br/>This is an opportunity not to be missed, so pick up the phone today and make your appointment to inspect this rare opportunity.<br/><br/>Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.