It’s extremely rare to find a property that generates two incomes from one asset, with no body corp! You don't even need to do any work as the renovations have been done for you! The renovations have been well thought through and executed, and both duplexes are very similar with their low-maintenance, modern style and finishes. They both have renovated bathrooms, kitchens and appliances, laundries, vinyl flooring, freshly painted internally and externally, ceiling fans and blinds and a reconfiguration of the courtyard and backyard, which are now both fully fenced and private - perfect for kids and fur babies to play in. Nevertheless, you needn't forget about the excellent long-term tenants, they of course would also love to stay.
Style and sophistication are definitely moving to town with high-end developments being built in this hidden gem of a RD4 zoned area! Invest now, land bank and re-develop this beauty whenever you're ready! This block might seem small, but it is definitely mighty. With council approval, you could build something quite substantial on this flat usable 407m2 block (you should check out the neighbouring developments for some ideas of the potential).
People dream about the famous GC lifestyle and living this close to everything. With a hop, skip and a jump to the end of Meyer Street you will find Loders Creek and the entrance to the famous Broadwater, take a short stroll to watch the sunrise over the Parklands or walk with your furry friend. Then still with plenty of time, head off to work with easy access to the Gold Coast Highway or Smith Street Motorway - don't forget to pick up your coffee on the way from one of the many local cafes. The iconic Chirn Park with the laidback cafes and boutique shops is just up the road and Macca’s is only metres away!
Most importantly, this area is all about the convenience of its location. You are only minutes away from some of South East Qld’s largest hospitals and universities and shopping centres. You can even catch a short ride on the light rail (G Link) into some of our best beaches at Surfers and Broadbeach or head in the other direction to jump on the train to Brisbane!
DUPLEX 1:
- Kitchen with pantry, stone benchtops, induction cooktop & dishwasher
- Bathroom with shower, bathtub & separate toilet
- Open plan living and dining with ceiling fan and air conditioning
- 2 bedrooms, both with built in wardrobes & ceiling fans
- Vinyl floors throughout for easy cleaning
- New ceiling fans and blinds throughout
- Laundry conveniently located in the garage
- Single auto garage with remote & internal access
- Off-street parking on driveway
- Small private fully fence courtyard with low maintenance
- Freshly painted throughout internally
- Gutters, facia, eaves and roof recently painted
- Currently tenanted for $410 per week until March 2022
DUPLEX 2:
- Kitchen with pantry, stone benchtops, induction cooktop & dishwasher
- European style laundry cleverly concealed in the kitchen
- Bathroom with shower, bathtub & separate toilet
- Open plan living and dining with ceiling fan and air conditioning
- 2 bedrooms, both with built in wardrobes & ceiling fans
- Vinyl floors throughout for easy cleaning
- New ceiling fans and blinds throughout
- Single garage + off-street parking on driveway
- Huge private fully fenced backyard with low maintenance
- Secure side entrance gate with doorbell
- New rear boundary fence
- Freshly painted throughout internally
- Gutters, facia, eaves and roof have been recently painted
- Currently tenanted for $430 per week until September 2022
SITE DETAILS:
- Duplex pair on one title
- 407m2 usable flat block - zoned RD4 medium density
- Built in 1980
- Development potential
- No body corporate
- Currently both rented for a combined return of $840 per week
- Separate electricity meters
- Rental appraisal available upon request
- GCCC rates approx. $1,265 per 6 months
- GCCC water rates including state bulk water price discount approx. $438 per quarter
LOCAL SCHOOLS:
- 800m to Southport State High School (catchment area)
- 1.4km to Musgrave Hill State School (catchment area)
- 1.4km to Southport Special School
- 1.4km to St Hilda’s School - Anglican girls preschool to year 12
- 1.5km to Southport Flexible Learning Centre
- 3.2km to The Southport School (TSS) Anglican boys preschool to year 12
LOCAL TERTIARY:
- 1.4km to Gold Coast Institute of TAFE
- 3.8km to Griffith University Gold Coast Campus
LOCAL MEDICAL & DENTAL:
- 650m to Oasis Dental Studio
- 700m to Chirn Park Medical Practice
- 1.1km to Southport Day Hospital
- 2.2km to Pacific Private Day Hospital
- 2.3km to Healthscope Hospital
- 2.5km to Spendelove Private Hospital
- 3.3km to Gold Coast University Hospital
- 3.4km to Gold Coast Private Hospital
- 4.3km to Allamanda Private Hospital
LOCAL CAFES, SHOPS & RESTAURANTS:
- 150-350m walk to McDonalds, Crust Pizza, D Point Ten Southport and service station
- 600m to Chirn Park shops, cafes, medical & restaurants
- 950m to CSI - Club Southport
- 1.9km to Chinatown Gold Coast
- 2km to Australia Fair Shopping Centre & Scarborough Street
- 2.4km to Southport Sharks
DISCLAIMER: Vescio Property Group uses best practice standards in accordance with the latest Government recommendations to help stop the spread of COVID-19, and therefore, everyone who inspects this property will need to check in through the Qld Health app and the REIQ required app. Furthermore, in preparing this information, the particulars are set out as a general guide only and we accept no responsibility and disclaim all liability in respect to errors, inaccuracies or misstatements that may occur. All plans are illustrative only and some images have been virtually staged to protect the privacy of the tenants. All interested parties should make their own enquiries with the local authorities.
- Air Conditioning
- Reverse Cycle Air Conditioning
- Split-System Air Conditioning
- Courtyard
- Fully Fenced
- Remote Garage
- Secure Parking
- Broadband Internet Available
- Built-in Wardrobes
- Dishwasher
- Floorboards
