98
Duringan
Street
currumbin
QLD,
4223
SOLD
Sold for $2,000,000
5
4
3
DEVELOPMENT SITE/INVESTMENT OPPORTUNITY
An extremely rare opportunity has momentarily presented itself to purchase a prime development site in a much sought-after Currumbin location directly opposite Winders Park and Currumbin Creek.
The north facing site would be ideal for a boutique development offering a unique lifestyle opportunity with great views of Currumbin Creek and beyond.
The site currently has improvements consisting of a well-maintained block of 3 flats all fully tenanted on fixed term leases offering a guaranteed return on your investment while exploring future development opportunities.
• 503m2 block with a 16m frontage, medium density residential (RD5),15m height limit;
• 2x2 bedroom plus 1x1 bedroom well maintained flats all with park and creek views;
• All units are spacious with generous bedrooms and abundant storage;
• Current gross rental return approximately $57,000 per annum;
• Covered off street parking for 3 vehicles;
The property is in an excellent location with access to a walking track that takes you around to the Currumbin Alley surf break and beaches without any roads to cross. There are local shops and cafés within an easy walking distance and access to water activities directly opposite.
Agents
Nearby Schools
About currumbin
median house price
1000000suburb growth
15.3%median house rent
794suburb rental yield
4.1%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
