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Flat
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for sale
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Primed for Renovation Surfs up in Rainbow Bay
Kielvale
· 8 Bedrooms · 5 Baths · Flat
Kielvale · 8 Bedrooms · 5 Baths · Flat
FIVE EXISTING UNITS | R3 ZONING | 443m² | 19.9m FRONTAGE A golden opportunity to secure a genuine coastal development site in one of the Southern Gold Coast's most tightly held locations. Positioned just moments from Rainbow Bay, this 443m² level parcel offers an exceptionally attractive combination of existing income, development potential and an enviable coastal lifestyle. Currently with five units, four of which are tenanted with a solid rental income, the property provides holding income while allowing an astute buyer time to explore its longer-term potential. The R3 Medium Density Residential zoning, generous 19.9m frontage and regular, level configuration create an ideal platform to investigate a future boutique residential development, subject to council approval. For developers, it is the location and land fundamentals that make this opportunity particularly compelling. For investors, the existing configuration offers the flexibility to hold and generate income while considerin
FIVE EXISTING UNITS | R3 ZONING | 443m² | 19.9m FRONTAGE A golden opportunity to secure a genuine coastal development site in one of the Southern Gold Coast's most tightly held locations. Positioned just moments from Rainbow Bay, this 443m² level parcel offers an exceptionally attractive combination of existing income, development potential and an enviable coastal lifestyle. Currently with five units, four of which are tenanted with a solid rental income, the property provides holding income while allowing an astute buyer time to explore its longer-term potential. The R3 Medium Density Residential zoning, generous 19.9m frontage and regular, level configuration create an ideal platform to investigate a future boutique residential development, subject to council approval. For developers, it is the location and land fundamentals that make this opportunity particularly compelling. For investors, the existing configuration offers the flexibility to hold and generate income while considerin
Request Details