Entire block of four units

Calling astute investors, developers or home + income seekers! Loads of options await you with this massive beachside property, in the rarely available Dudley Street.

Four beachside units on 405m2 of land, with wide 14.5 metre frontage, located east of the easement, right in the centre of magical Mermaid and currently returning $895 per week.

The options are endless with this whole block of 4 units on one title:-
– Purchase as a ‘blue-chip’ investment in your future and watch your profits grow with 4 income streams;
– Knock over the building, and start fresh to build your dream home, as you have a superior position that will be highly sought after forever.

– Older style block of 4 units
– 405m2 beachside land
– Wider 14.5 metre street frontage
– East of easement
– 3 x 2 Bedroom, 1 bathroom units (returning $615 per week)
– 1 x 3 Bedroom, 1 bathroom unit (returning $280 per week)
– Current income approx. $46,540 pa
– Premier location, potential to add further value
– Quality quiet street
– Situated in the heart of Mermaid, so close to beach

Older style block of units in high quality positions with good income streams like this are rare and difficult to purchase, so don’t miss out – secure this beauty by the beach today.

Property ID: 409240