DA Approved Luxury Residential Development Site With Strong Holding Income
Lachlan Marshall & Jared Johnson from Coastal Commercial have the exclusive privilege to offer to the market 7-9 Bruce Avenue, Paradise Point. A high-end, DA Approved development site consisting of 8 luxurious residences, set in an idyllic position in the heart of trendy 'Paradise Point', footsteps to world class amenity. The subject property is improved by two existing homes currently generating a significant holding income.
Investment & Development Highlights:
• Site area: 1,012m2
• Significant holding income of $1,240* per week across both dwellings
• DA Approved for an extremely well thought out boutique development of 8 luxurious residences
• Designed by extremely popular 'SMEK Design'
• Panoramic view corridors
• Excellent transport links Premium residential sales results being achieved in the local area
• Close proximity to 'Sovereign Island' & 'Ephraim Island'
• Strong demand for townhouses in the immediate area from a wealthy demographic
• Local Amenities: Experience the convenience of nearby cafes, parks, shopping, and world-class dining, all within footsteps of this fantastic site.
• All offers will be considered on or before the close of the EOI campaign
For a copy of the DA & detailed Information Memorandum please feel free to contact us at any time
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Remember to mention you found this property on DevelopmentReady
Close
