House of the Week
8 BED | 4 BATH
- Address: 10,12 Goldfields Road, Castletown
- Price: Offers
- Agent: Paul Thomason, Landmark Harcourts, 0429 110 700
- Inspect: By appointment
Can be purchased as individual lots or as a whole
The opportunity has arisen to purchase the well-established Bay of Isles apartments in the sought after catchment area of Castletown.
Number 10, 12 Goldfields Road comes into the market at a time where the property has been developed to receive an extra two green title dwellings.
The option to build four is also viable by the addition of a second storey, providing stunning views of Castletown Beach.
Currently, the four strata units are leased accommodation and the property is producing an attractive rate of return for the current owners.
The potential to increase your income with further developments adds to the attractiveness of such an investment.
All four units are fully furnished and have been kept in good working order with new split-level reverse-cycle airconditioning units installed in recently.
Plentiful parking is easily accessed on site by tenants.
The property totals an area of 2175sqm, with 807sqm comprising of the two new green title building blocks.
The existing four strata units are double brick with Colorbond roofing, making everyday maintenance on the property minimal.
Kitchens and bathrooms have been modernised in recent years.
This property is an attractive long-term investment option for those looking for genuine blue-chip real estate.
For more information or to book your private inspection call Paul Thomason on 0429 110 700.