brisbane is booming,gold coast is booming,sunshine is...
$950,000 - $1,100,000
3 Nelson St GOLDEN BEACH QLD 4551
Currently a house divided into 4 self contained studio apartments returning $52000+ per year.. The property has current development approval for 5 floors of house size apartments plus 10 car accom on ground 1000m2 gross floor area.... In the future subject to council approval, maybe upscale to small boutique hotel . Contact for concept drawings. Zoning is [TOURIST ACCOMMODATION] do possibly "air bnb" stca and increase the current return to approximately $100kplus. Invest and hold..develop bigtime or other options. You are spoilt for choices with this unique property. 70 meters to the water ,no busy roads, 70 mts to transport and shops.views to water now. ,moreton is and glasshouse mountain from various levels if 5levels constructed.. lots of detailed preliminary research available to genuine prospective purchaser.. private inspections available by appointment.
