MOTIVATED SELLER LEAVING TOWN!

The property has not met reserve. The Openn Negotiation (flexible conditions online auction) is underway and the property can sell as early as tomorrow. Contact Brad Scott immediately on 0408 338 605 to become qualified and avoid disappointment.

To submit a pending bid, simply go to www.openn.com.au to "SIGN UP". Then search for the property, and then enter your pending bid online. You will then be emailed a Bidder Registration form to put your terms on such as Subject to Finance, Subject to Pest and Building, etc to be approved by the seller. Then you will become QUALIFIED and registered to bid online.

Final bidding stage:
March 3, 2020 6:00 PM (Australia/Brisbane)

An amazing opportunity has presented itself in the heart of the Cultural Precinct of the Gold Coast.

The ability to buy 2 duplexes on the 1 title. Only one lot of council rates. Only 1 lot of water bills. Duplex 2 has 11m of waterfront land with a sandy beach under a large Australian ghost gum tree. At the Epicentre of The Gold Coast (Surfers Paradise) and walking distance to the new HOTA (Home of the Arts)! Nicely renovated interiors throughout.

Dual Occupancy Homes. Live in one and rent out the other for good rental income. Or simply rent them both out if you prefer. Ability to also develop down the track also. The property is situated just off the main Nerang Riverr in a quiet lagoon.

Walk to the new Arts Centre; Arts Museum; Arts Restaurant; Bars: Roof Top Gallery and others; Art Lab; Theatre; Cinema and Music Stages for:
symphonies, Rock and Ballet -- and of course close to The Gold Coast Turf Club.

Stroll or Cycle over 'The Green Bridge' to Chevron Island, with its eclectic bars and cafes and on to one of the Best Beaches in The World. Walk to the new ferry system terminal; going to 12 stops. Unique strategic position. Adjacent to the Bundall Commercial and Business Centre. Use a boat, kayak or jet-ski to go to The Broadwater and Ocean. Or you could simply use The Evandale swimming lake.

PROPERTY INFORMATION
Gold Coast City Council Rates: $3,709* p.a. approx
Gold Coast City Water Rates: $2,471* p.a. approx
Body Corp: $148 per month building insurance. Thats all. $34 per week approx.
Built: 1985
DUPLEX 1 currently receiving: $540 per week until 16th April 2020.
DUPLEX 2 Rental Appraisal: $630 to $700 per week approx
Currently Owner Occupied in duplex 2, so you can move in or lease out on settlement
Gross ROI: 5.37% (assuming total rent of $610pw rent and PP of $1,200,000 ) - Better then money in the bank!

You'll love how central to everything you are here.

A rare opportunity to purchase in an unbeatable location.

For further information or to arrange an inspection please contact Brad Scott or Wayne Haase.

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.

* denotes approximate measurements

• Floor Plans