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Home in BUDERIM
POTENTIAL DEVELOPMENT SITE WITH $60K + ANNUAL HOLDING INCOME
- 9 Beds
- 5 Baths
- 7 Cars
Our instructions are clear, sell at or before Auction day! Take advantage of the rare opportunity to secure a site that produces a solid annual income of over $60,000 whilst providing the potential for a plethora of future development opportunities. Nestled in Horseshoe Bend on the northern slopes of Buderim the property is conveniently located between Maroochydore and Buderim and provides easy access to Buderim Village, a number of Schools, Sunshine Plaza and the Coast's fabulous beaches.
The site is currently utilised as 4 x 2 bedroom and 1 x 1 bedroom units with permanent leases in place returning $1210 per week. Prior Development Approval had been obtained for 2 x house sites and 1 x dual occupancy sites.
Representing a fantastic investment as it's currently configured and with endless opportunities to value-add through renovation, detonation or development this outstanding proposition will attract those looking to capitalise on the current market conditions.
Such prospects don't occur often. Make the most of the opportunity by calling today.
Renovate, detonate or develop
$60,000+ gross annual income
4x2 and 1x1 bedroom units
3473 square metre allotment
Prior DA for 3 house sites
3,473m² / 0.85 acres
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