Introducing an extremely rare and enticing opportunity, this entire block of three spanning on 539m2 of residential D zoned land presents for the astute investors with a secure income stream and the flexibility to modernise, renovate, or redevelop, all within moments of Burleigh’s newest hotspot.
This property, compromising of three units, enjoys a highly desirable location near iconic eateries and world-renowned surf breaks, just a short stroll from the picturesque Burleigh Beach. With exceptionally high occupancy rates attributed to its prime beachside positioning, the property generates a solid weekly rental income of $1,860 per week with potential to expand with high demand.
Nestled on Hibiscus Haven, the three units are well-maintained yet offer ample opportunity for an investor. Each unit consists of a modern kitchen, two bedrooms and one bathroom and laundry. They all come equipped with air conditioning, a secured parking space, and their own patio. Unit three additionally offers a private courtyard.
Located within walking distance of popular cafes, restaurants, and bars such as Light Years Diner, Commune Cafe, Paddock Bakery, and Black Hops Brewery, residents will enjoy easy access to amenities. Additionally, with Miami One Shopping Centre and James Street’s vibrant atmosphere just moments away, this prime location is truly unparalleled.