We are proud to offer this complete package of (4) strata titled oceanfront units aloft a prime 506m2 allotment with 16m frontage. 
Configuration of the (4) units is 2 x 2 bedroom on the ground and same on the first ( top ) level. 
All units share a (4) bay carport at the rear and (3) of the units use the common laundry facility. 
Unit 1 ground South side:
- Fully refurbished
- Timber flooring
- Stone benches & Stainless appliances
- Stylish bathroom
- Separate laundry
- Plantation shutters
- Secure gated patio
- Front bedroom opened up to enhance living space (equipped with cool pull down bed) 
Unit 2 ground North side:
- Timber flooring carpeted bedrooms
- Refurbished bathroom & kitchen
- Open patio
- Very good order throughout 
Unit 3 first level South side:
- Timber flooring
- Refurbished kitchen with stainless appliances
- Neat bathroom
- Large shared rear terrace style balcony
- Generous front balcony commanding superb ocean views 
Unit 4 first level North side:
- Timber flooring
- Some minor refurbishment but in neat & good order
- Large shared rear terrace style balcony
- Generous front balcony commanding superb ocean views 
DETAILS:
- Current rent from (4) excellent permanent tenants in place is $63,440 (market rent is minimum $70k PA)
- Annual rates $12,000 PA approx
- Insurance $2887 PA (including Body Corporate office bearers)
- Water $2400 PA approx.
- Balance of sinking fund approximately $16,000 (fully transferable to purchaser subject to contract price/offer)
- Land size is 506m2 (16m frontage) plus neighbouring property on South (LH side) provides this property with a beneficial easement of .95m x 22m for right of access ( which gives you more useable land & wide frontage of 16.95m )
- Zoning is Tourist Residential Domain, height to 3 levels and density is RD 6 = 1br per 33m2 = 15 bedrooms 
LOCATION:
Superb oceanfront position on the glorious Golden Mile of Pacific Parade. 
You are minutes to Kirra & Coolangatta for a smorgasbord of dining and retail options. 
Miles of uncrowded beach breaks right out your front door as well walking and bike paths. 
Coolangatta Airport & Southern Cross University is just 1km down the road. 
AGENTS COMMENTS:
Seldom do opportunities like this come up where you can purchase a complete block of (4) units on a superb beachfront location that offer some of the best Southern Coastal views to Rainbow Bay. 
Being strata titled has benefits to buy with a syndicate, family members, group of surfy mates & or super fund – you also have the option of selling one or any at any time including the option of de-strata if you so desired ( to reduce outgoings ). 
Of course you can enjoy a stable rate of return knowing that you have a valuable freehold title with upside to develop into Boutique Apartments or a luxury home in the future.

OFFERS OVER $1,900,000