Block of Units for sale

58 West Burleigh Road,

Burleigh Heads, QLD

7 4 3
$1,478,000

EXCELLENT BEACH LIVING - BLOCK OF 3 MODERN APARTMENTS

With rising demand and limited supply creating a phenomenally competitive market, this unique home offers something else. A prime opportunity! Architecturally designed to include the immediate and extended family with three fully self-contained apartments that will perfectly suit growing families, those that have regular guests or anyone looking to generate additional income. Whether the in-laws, teenagers or private tenants occupy, it provides luxury living.

Estimated total rental return for the 3 self-contained apartments is $1,450 per week. This iconic property is set on an elevated 607m2 block with great rental potential capitalising on the views that can never be built out you really have it all. Literally metres from the water you can wake up every morning to a walk along the beach and finish every day with a refreshing dip in the ocean or a glass of champagne as you watch the sunset. Plenty of life possibilities available! Inspections are a must!

Facts & Figures:
- 607m2 block
- GCCC Rates: Approx. $3,600/year
- Water Rates: Approx. $1,400/year
- Gross Rental Income: Approx. $75,400/year
- Originally constructed in 1981, and completely renovated in 2014
- Two levels feature balconies with northern views to Surfers Paradise skyline and the Hinterland
- Split-system air-conditioning and fans throughout
- Generous storage space
- Very low maintenance gardens
- Three off-street parking spaces are available
- Easy access to James Street and airport
- Only 500 metres from Burleigh CBD and Stocklands shopping centre, 900 metres from the beach, and just a stroll from several local cafes, restaurants and amenities.

Apartment 1 Includes:
* 2 bedrooms, 1 bathroom, single car space
* Approx. 52m2 total internal area
* Open plan living and dining area
* Laundry
* Separate storage space
* Main bathroom with shower and built-in laundry
* Estimated Rental: $330 per week

Apartment 2 Includes:
* 2 bedrooms, 1 bathroom, single car space
* Approx. 76m2 total internal area
* Main bathroom with separate toilet
* Laundry
* Kitchen with modern appliances and it has plenty of storage space
* Living area and second bedroom that opens to a private balcony
* Estimated Rental: $470 per week

Apartment 3 Includes:
* 3 bedrooms, 2 bathrooms, double car space plus balconies
* Approx. 150m2 total internal area
* Master bedroom has convenient ensuite and walk-in robe
* Main bathroom with spa bath, separate shower and European laundry.
* Two defined living areas
* Large open plan design, sleek wooden floor throughout living areas
* Top quality kitchen with granite benches, free standing 5 burner Blanco gas stove, huge walk-in pantry, self-closing drawers, Omega dishwasher and plenty of cupboard space
* West facing 'L' shape balcony with breathtaking 180-degree views
* Estimated Rental: $650 per week
Last updated: 10:13AM on Jan 20th 2018
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Kingfisher Realty Burleigh Heads

1/57 James Street
Burleigh Heads QLD, 4220