17 Teal Avenue, PARADISE POINT, QLD, 4216, Excellent Investment/Development Opportunity

$560,000

Bedroom 3
Bathroom 1
Carspace 1

Buy one or both...
Located in the very popular "Duck" Streets of central Paradise Point within short walking distance to the fabulous Broadwater, Beaches and Parklands, a little further on you have easy access to the Paradise Point shopping precent with numerous restaurants, cafes & bars. The boat launching ramp is close by as well.
You have the choice of purchasing both Duplex and perhaps redevelop to 2 modern Duplex in the future, or live in one and rent the other or rent out both and receive an income until you are ready to develop or renovate for a higher return.
Unit 1: Is on the ground level and has 2 bedrooms, 1 Bathroom, combined lounge/dining & 1 lock-up garage plus a good size back yard and a large undercover patio area, currently tenanted at $360pw and needing some refurbishing. Listed at $439,000
Unit 2: Is a well presented 2 storey, quite large with generous living areas, there are 3 bedrooms 2 have an outside balcony, separate laundry, good size back yard and lock-up garage. Currently tenanted at $410pw. Listed at $560,000
This rare property on development land in a prime position represents an excellent opportunity for the astute investor/developer to secure the future today.



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