4 Tahiti Avenue, Palm Beach QLD 4221

This corner position duplex pair on 506sqm level block in Palm Beach has opportunity and capital growth written all over it.

Add it to your investment portfolio and enjoy the income or add value with a few minor improvements, or fully redevelop the site into some modern homes.

Whichever strategy you choose, you're on a long-term winner here because Palm Beach is in high demand.

- Zoned MDR3 for 2 story/9m building height redevelopment (relaxations may be
possible)
- 6 bedrooms in total (2 x 3 bedroom dwellings)
- 3 bathrooms in total (1 x 2 bathrooms; 1 x 1 bathroom)
- $67,600per annum combined rental income ($750pw + $550pw)
- Leases expire June 2024 and Sept 2024
- Rent potential: $800pw + $650pw respectively ($75,400 per annual potentially)
- Not strata titled, so only one council rates notice issued for the property
- Separately water metered for each unit, but only water rates notice issued for the whole property
- Within the Palm Beach Currumbin High School catchment
- Close to the beach, shops, parks, sports clubs, schools and so much more

A strong property portfolio is a secure future. Secure your future here. The time to act is now.

Contact us for more information or come along to our scheduled viewings.

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