SELLING 32 Sarawak Avenue, Palm Beach QLD 4221
$1,525,000
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House SELLING on Sarawak Avenue

Duplex Pair – Sought After Location – Great Rental Returns

  • 5property_bedrooms
  • 2property_bathrooms
  • 6property_parking
  • 665m2property_land_area
  • House

Attention all investors and savvy buyers!

With a staggering 4.84% rental yield (eclipsing the suburb average of 3.30%), this is an amazing opportunity to secure a duplex pair on 1 title in the trendy suburb of Palm Beach. Rent out both as an investment, or live in one and rent out the other to help pay off the mortgage – this property offers amazing flexibility for any lifestyle.

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 locations.

– Strong rental yield with excellent occupancy rates
– Duplex A – 3 bedrooms, 1.5 bathrooms, rental appraisal $850 – $900
– Duplex B – 2 bedrooms, 1 bathroom, tenanted at $620
– 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.

Inspections by appointment. Please call Leon Maclaren Hill on 0412 804 425.

Property Features
  • House
  • 5 bed
  • 2 bath
  • 6 Parking Spaces
  • Land is 665 m²
  • 4 Garage
  • 2 Carport
  • Built In Robes