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1 & 2/17 Teal Avenue Paradise Point QLD 4216

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5 2 2
From $439,000 to $560,000

Excellent Investment/Development Opportunity

1 & 2/17 Teal Avenue, Paradise Point
Buy one or both...
Located in the very popular "Duck" Streets of central Paradise Point within short walking distance to the fabulous Broadwater, Beaches and Parklands, a little further on you have easy access to the Paradise Point shopping precent with numerous restaurants, cafes & bars. The boat launching ramp is close by as well.
You have the choice of purchasing both Duplex and perhaps redevelop to 2 modern Duplex in the future, or live in one and rent the other or rent out both and receive an income until you are ready to develop or renovate for a higher return.
Unit 1: Is on the ground level and has 2 bedrooms, 1 Bathroom, combined lounge/dining & 1 lock-up garage plus a good size back yard and a large undercover patio area, currently tenanted at $360pw and needing some refurbishing. Listed at $439,000
Unit 2: Is a well presented 2 storey, quite large with generous living areas, there are 3 bedrooms 2 have an outside balcony, separate laundry, good size back yard and lock-up garage. Currently tenanted at $410pw. Listed at $560,000
This rare property on development land in a prime position represents an excellent opportunity for the astute investor/developer to secure the future today.
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Last updated 05:13PM on Jan 18th 2019
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LJ Hooker

Shop 2, 38 The Esplanade
Paradise Point QLD, 4216

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Would you like to get The Real Estate Conversation?

LJ Hooker

Shop 2, 38 The Esplanade
Paradise Point QLD, 4216
More property from LJ Hooker
5 Harbour Side Court93 Sheehan Avenue37 Sickle Avenue23-31 Sickle AvenueLot 2027 Northwater Drive56/106 Marine Parade