Beach property to sell for $4m
A RECENTLY amalgamated development site on Marine Parade at Kirra has entered the property market with a $3.9 million price tag.
Property
Don't miss out on the headlines from Property. Followed categories will be added to My News.
A RECENTLY amalgamated development site on Marine Parade at Kirra has entered the property market with a $3.9 million price tag.
The land, measuring 1214sq/m with 30 metres of ocean frontage is zoned for a three-storey development.
The individual lots of 809sq/m and 405sq/m can also be acquired individually for $2.5 million and $1.4 million respectively.
DJ Stringer Property Services principal David Stringer said he expected the block to generate a lot of interest from local boutique developers.
“It's a solid opportunity for an astute developer to snap up a prime parcel of land in Kirra,” Mr Stringer said.
“On one of the sites is a block of four older flats. The purchaser may decide to renovate the units to generate residual income while the developer application is processed.”
Originally published as Beach property to sell for $4m