Are you on the hunt for an exceptional investment property that offers both immediate rental income and long-term development potential? Look no further! We're thrilled to present 11 Wundowie Street, Nerang that checks all the boxes for savvy investors.
This versatile dual living property is a prime find, located adjacent to a recently completed development featuring 12 units. Whether you're an investor, an owner-occupier seeking dual living options, or an aspiring developer, this property holds immense potential. Situated on a generous 713sqm block, it's currently tenanted with leases secured until May 2024.

The main property showcases a spacious living area adorned with wooden flooring, along with the added comfort of air conditioning and ceiling fans throughout. The expansive galley kitchen seamlessly leads to the laundry and a large outdoor entertainment area, offering ample storage and countertop space. The main house boasts three generously proportioned bedrooms, each comfortably carpeted and equipped with ceiling fans.

The fully self-contained granny flat features tiled flooring throughout, along with a ceiling fan and air conditioning for year-round comfort. It includes a well-appointed kitchen complete with laundry facilities, a separate shower room, a comfortable living space, and a private bedroom.

The 713sqm flat block is where the true potential lies, with a dividing fence ensuring that both properties enjoy ample space and off-road parking. The development possibilities are evident, as neighbouring projects demonstrate. The time to seize this opportunity is now!

Key Features:
- Expansive 713sqm flat block
- Dual living arrangement
- Secure tenancy until May 2022
- $900 per week in rental income
- Four bedrooms in total (3 in the main house, 1 in the granny flat)
- Covered outdoor entertaining area
- Solar power system
- Rainwater storage
- Conveniently located near a variety of amenities, including a shopping centre, supermarket, and pharmacy
- Suitable for townhouse or multi-unit developments (subject to council approval)

Don't let this remarkable property slip through your fingers. Contact Anthony Yu or Steve Robertson today before it's too late!