DJ Stringer Commercial is proud to be appointed to market this entire commercial, residential freehold complex for sale, this property currently provides substantial rental income & has endless development options.
This premier development opportunity and prestigious land holding of 3 sites nestled in the heart of Bilinga is now on offer for sale having been consolidated by the current owners over a period of many years. The combined site fronts Golden Four Drive and is one block from the North Kirra Surf Club.
Redevelopment potential is huge in this Southern Gold Coast hot spot so close to the Airport, University, Hospital and only a short stroll from famous Kirra Beach.
The property with an overall land area of 1687 sqm comprising 3 separate parcels , 410 SQM, 602, SQM & 675 SQM is improved with a Going Concern Free Hold Motel, 3 Unit tenanted Apartment building and a 2 Unit tenanted Apartment building all of which are currently generating a significant holding income.
This property is surrounded by the very best that the southern gold coast has to offer by way of eateries, nightlife, schools, beaches and public transport. The Southern tip of the Gold Coast is already a major tourist drawcard and that is only going to grow. This region is extremely popular given it is on fringe of the Southern Gold Coast and continues to benefit from federal, state & local infrastructure projects.
The prestige and pride of ownership in securing such a strong investment property with huge development upside, in the central residential district of one of Australia's beach resort townships, is bolstered by the flow-on effect of massive current city centre development projects, strong population growth and the looming tourist boom.
Whether you plan to develop, enhance to increase rental income & or occupy all or part of it yourself, then this property is a very smart choice.
- Combined 3 sites total area - 1687 sqm
- Freehold Motel 10 room plus managers residence all in great condition.
- Walking distance to the Gold coast airport and to the Southern Cross University
- Public transport at your door stop
- One Block from the Pacific Ocean
- Potential redevelopment site
PRICE: Interest over $4.5 million
For further information please contact Exclusive Marketing Agent Peter Antony, DJ Stringer Property Services.
All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.