INVESTORS, great opportunity here to buy in West Beach Lagoon. It is situated in a premium location on the beach-side of West Coast Highway and in the very heart of Scarborough Beach MRA precinct. This 5200 sq metre site has the potential for 8 storeys plus 4 and has developers already looking at the property.
The property also has an income and is managed as short term stay accommodation.
Currently the Gross rent is $789.80 per month.
Strata Levies ($89.00 pcm) are deducted from the rent – giving a Nett rent of $700.80 pcm.
Owners pay their own Council and Water Rates.
The unit consists of 2 bedrooms, one bathroom, a living room and balcony. It has main road frontage and parking.
The resort facilities are a reception, BBQ entertaining area with a swimming pool and spa.
Register your interest today for your opportunity to be a part of this exciting new vision for Scarborough. For more details and information call of email Adam Green and Roland Townend.
Property Code: 3591