What a position! This company title unit offers the astute Investor a unique opportunity to secure a spacious and well-presented 1 bedroom unit in a small boutique Riverfront block offering fantastic future redevelopment potential.
Unit 5 is situated midway in the building facing North on the 1st level and presents in excellent condition with a spacious lounge, separate kitchen, large bedroom and a separate bathroom. Currently rented at $260.00 per week it is a great investment or ideal as a central Surfers Paradise Riverfront holding position.
- Company title – 1 Bedroom unit
- 1st floor – middle of block North aspect
- Small block of 13 units
- Riverfront position with redevelopment potential
- Well presented, great investment
- Rented at $260.00 per week
Company title is an older form of unit ownership which was a standard form of title prior to the introduction of Strata title. Most buildings built at this time transferred across to Strata title, some such as Riverview Court remained Company title. There are a large number of Company title units in central Sydney, you are issued with shares in the company and a registered lease from the company on your unit. For further information we suggest you contact your Accountant or Solicitor for confirmation of the above.