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Shovel Ready 2 lot strata subdivision

Lot 2/217 Kirkwood Road, TWEED HEADS SOUTH NSW, 2486

For Sale

Property for Sale in Lot 2/217 Kirkwood Road, TWEED HEADS SOUTH NSW, 2486

Ray White Commercial GC South

2 Classic Way, Burleigh Waters, QLD 4220

Listing ID:
11368491
Status:
Active
For:
Sale
Price:
AUCTION
Last Updated:
27/11/2019
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Property Type

Land/Development
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Land Area

611 SQM
Icon size

Floor Area

N/A
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Parking

N/A

Shovel Ready 2 lot strata subdivision

Calling all first home owners, builders, developers and investors looking for an easy short term project.

On offer is the remaining lot of an approved 3 strata subdivision. Currently on the one title the lot has DA approval for 2 homes that can be strata titled on completion. All headworks contributions paid and all service connections in place.

OPTION 1

Build one home for now with a large yard on a 611m2 lot - allowing the opportunity to sell the remaining lot or complete the other home in the future. Great starter for the first home owner!

OPTION 2

Build both immediately - split the title for a resale profit - or build and hold on one title as a great investment.

• Lot 1 land size = 310m2
• Lot 2 land size = 301m2

Rental appraisal for each completed home shows $500 to $520 per week.

Building quote for both homes $530,000.

The approved homes are identical 166m2 three bedroom free standing houses which include:

• Open plan kitchen/dining/living room
• Main bedroom with walk in robe and ensuite
• 2nd & 3rd bedrooms with built in robes
• main bathroom with separate shower and bath.
• Separate WC and laundry
• Double lock up garage

The ongoing development within Fraser Cove estate, the imminent highway off ramp and proposed tavern indicates the time is ripe to grab this opportunity.

Email or call James for an information pack.

Tuesday 10th December
Currumbin RSL
6:30pm EDST

For more details, please email agent


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Ray White Commercial GC South

2 Classic Way, Burleigh Waters, QLD 4220


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