This large 693m2* block located in Runaway Bay, presents to the market endless opportunities for those wishing to take advantage of the strong growth the Gold Coast property market is still experiencing.
The property has an approved (MCU) Material Change of Use for dual occupancy, giving the new owner the opportunity to subdivide into two separate titles upon completion of the rear development.
Alternatively, demolish the existing home and build two brand new homes on individual titles, live in one and rent the other, benefiting from the strong rental return.
Not ready to develop? Land bank and invest in this income producing opportunity until you are.
Existing residence features include;
* Neat & tidy cottage
* Characteristic hardwood flooring
* 4 Generous sized bedrooms
* 2 Bathrooms, master with ensuite
* Stainless appliances and gas cooktop
* Well-appointed kitchen area with plenty of storage & dishwasher
* Separate living areas
* Ceiling Fans
* Spit system A/C
* Covered rear deck
* Plenty of storage underneath the house
* Newly fully fenced yard
* Double Undercover carport
* Garden shed with power
Inspections are a must to appreciate this property's full potential, please contact
Romarna Antees on m| 0422 596 100