Maybe someone here would be interested in this

Well, got this emailed to me. Piqued my interest but not for me atm so thought I might post it here incase someone would be interested.

http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=105871950&rsf=emailalert-propdetails


- apears to be a double lot

- below median market for suburb @ $497k as advertised off back of latest API

- appears to have substantial land component @ 870sqm each

- appears to be selling at below land value with cheapest land in the suburb being advertised for $230k - http://www.realestate.com.au/cgi-bi...ND BAY&cu=fn-rea&pxe=any&t=lan&s=qld&p=30&o=p

- there is a house so holding income might be available with cheapest rent for the suburb at $350pw - http://www.realestate.com.au/cgi-bi...=fn-rea&pxe=any&t=ren&minbed=3&s=qld&p=30&o=p

- and best bit is both lots appear to have a small frontage to esplanade/ocean (~2m if i'm reading the attached survey map correctly) yeah I know it's small but ocean front is still ocean front :D


disclaimer here and no I don't have any vested interest in this property. Just thought someone might be interested to at least start performing their own due dilligence
 
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