4 / 186 West Coast Highway, Scarborough
This outstanding investment is in a mixed use development zone with potential for up to 18 storeys. A small group of only 9 units on a large 2126m2 block, just ripe for redevelopment. This tenanted 2 bedroom unit is in a fantastic location with cafe strip and the beach at your doorstep!
• Currently tenanted @ $380 per week and keen to stay on
• Building size 67m2, zoned 'Scarborough Redevelopment Area'
• Title details: Lot 4, Strata Plan 4901, Vol 1496 Fol 479
• Modern kitchen, wrap around balcony and timber look floors
• Strata Fees @ $400 p/qtr
• Shire Rates @ $1354.33 pa
• Water Rates @ $917.91 pa