16 Hinkler Parade, Cotton Tree
Contact for price- Bedrooms: 8
- Bathrooms: 4
- Car Spaces: 4
- Property type: Block Of Units
- Listing type: Sold!
Rare Block of Four Units in the Heart of Cotton Tree
Looking for a long term investment in a tightly held Blue Chip location?
Block of four units which are separately strata titled consisting of one spacious 3 bedroom unit on the top floor, two 2 bedroom units & one 1 bedroom unit on the ground floor.
Embracing the very essence of relaxed beach lifestyle with its enviable setting close to the sand and surf plus located in the iconic blue chip Cotton Tree Hub.
The block size is 647sqm and all units come with a single lock up garage.
Rental income per year gross 95 to 100K with no body corporate fees to pay. Tenants are already in place.
This could be increased with part or full holiday letting or Air BnB rental, certainly no issue with getting tenants in this location.
Nestled within an iconic location, Cotton Tree is considered blue-chip real estate with a long established, extraordinarily high-value property market. Only moments away from the surf beach, river mouth, Maroochydore CBD, Sunshine Coast Airport, award winning restaurants, cafes, entertainment and spectacular beaches.
Cotton Tree Real Estate is proud to be representing the sale of 16 Hinkler Parade, Cotton Tree.