North // East beauty, boutique Surfers Paradise building.
Located just 150m from the beach is this spectacular 2 bedroom apartment which is situated in the boutique complex of Durham Court. Home to only 17 apartments in total, this beach side bargain offers unbelievable value and a possible future redevelopment opportunity. Ideal to live in, invest or holiday let, this unit will appeal to all buyers.
Featuring 2 spacious bedrooms, 2 bathrooms and open plan living and dining that opens up on to the north facing balcony area. Boasting spectacular easterly ocean views from the living area and a northern aspect from the bedrooms, this apartment captures the most beautiful breezes all year round.
For the investor, the real value here is the dirt under the building.
This building has only 17 units, & you're sitting on approx 1037sqm of RX RD8 land - that's no height restrictions and 1 bedroom per 13sqm (so potentially up to 79 bedrooms). Over the back fence at 24 Laycock St is another small building with just 9 units on 971sqm, so if a future developer was to amalgamate the two sites, the potential could be a tower with 154 bedrooms on 2008sqm of land based on the current City Plan.
This unit represents a great land banking opportunity.
For more information on the zoning of this site, review the Gold Coast City Plan at http://cityplanmaps.goldcoast.qld.gov.au/CityPlan/
Features include the following:
- Only 150m to the beach!
- 2 bedrooms with built ins
- Master with ensuite & ceiling fan
- Main bathroom with combined laundry
- Open plan living and dining
- Kitchen with dishwasher + plenty of bench & cupboard space
- Ceiling fans and air conditioning
- Balcony with stunning ocean views
- 550m to Cavill Avenue
- Large swimming pool & BBQ area
- Tram station is literally around the corner
Body corporate approx $1700 per quarter; Rates and water approx $4000 per year.
Set among tropical landscaped gardens with excellent facilities like a large outdoor pool and BBQ, and only 150m to the beach and 550m to Cavill Avenue, you won't need to go anywhere for a holiday! This apartment simply is perfect. For more information or to arrange a viewing, please contact Joe Farr today.
Disclaimer: Whilst all care and attention has been taken to ensure that the information contained in the above advertisement is true and correct at the time of publication, Platinum Properties gives no warranty or assurance and makes no representation as to the accuracy or reliability of the information contained. It is advised that any prospective purchasers or tenants make their own enquiries and/or inspection prior to purchase.