9/11 Peninsular Drive Surfers Paradise, QLD 4217

Spacious, single level ground floor villa is ideal to live in or a great investment. With two bedrooms, one bathroom and single lock up garage on a block right on the water in the heart of Surfers Paradise. The Townhouses on Peninsular Drive are the perfect investment property with direct water access and with potential future complex development opportunity on the 2,635sqm waterfront parcel of land.

This property is perfectly located for the ultimate Gold Coast lifestyle! Just minutes by walking will have you in the heart of Surfers Paradise which boasts some of the very best cafes, restaurants, night life and beaches in Australia. Golden opportunity for owner occupiers or astute investors.

Key Features

Only 14 apartments in the complex
2 bedroom, 1 bathroom, single level villa, 113sqm approx.
Partly renovated throughout
Spacious open plan design
Private undercover patio and front courtyard
Single lock up garage with internal access
Currently leased at $400 per week till 2 September 2019
7% yield, return for investors (Approx.)
Low Body Corporate approx. $34 per week
Complex is on the water
High potential for redevelopment with 2,635sqm approx.
Zoned High density - RD8