Duplex Pair in Palm Beach – Great Rental Returns

Perfect for a first home buyer!

Why buy an apartment and pay body corporate fees? Instead you can live in one side and collect rent from the other to help pay your mortgage!

This is your opportunity to secure a duplex pair on 1 title in the sought after suburb of Palm Beach. With amazing flexibility for any lifestyle, you can have double rental income, or live in one and rent out the other, to help pay off the mortgage – don’t miss out on this gem.

Neat and tidy with some recent renovations, seize this opportunity to own your piece of paradise in one of the Gold Coast’s most highly desirable suburbs.

– Duplex A – 3 bedrooms, 1.5 bathrooms, rental appraisal $850
– Duplex B – 2 bedrooms, 1 bathroom, tenanted at $620 (until Sept)
– Large 665m² block with 20.1 metre frontage
– Zoned as medium density residential / multi unit dwelling
– Potential for redevelopment (subject to Council approval)
– Council rates $2,319.61 per 6 months

Conveniently located across the road from Palm Beach High School, and walking distance to the beach, cafes, parklands, surf club and the Pines Shopping Centre.

Next to the updated sub station, which has been recently equipped with the newest technology, and replaced with compact, efficient, low output equipment – exceeding industry standards. This is small sub station that doesn’t produce any electricity it is simply a relay to split the feed to the southern suburbs.

Please call Leon Maclaren Hill on 0412 804 425.