3 Jacana Street, Peregian Beach

Two Units & Both Leased – 'Malibu'

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Building Approval For Duplex: 8th February 1993

Welcome to 'Malibu' on beautiful Jacana Street, just 200m from the nearest beach access and a 10 minute walk to Peregian Beach Village. Whether you are looking for a place to reside near the beach, or to invest in real estate, this property gives you options. From street level, this looks like a typical duplex setup, however the lots have not been subdivided, providing you with two separate units (both separately metered) that can generate income. There is also a lower level studio at the rear (under Unit 1), which is not a part of the current rental income (see indicative floor plan drawing).

Unit 1 & 2 are mirror versions of each other, with Unit 2 being more recently refurbished with new paint, carpet, blinds and ceiling fans. This Unit is now leased at $410 p/w, Unit 1 is currently tenanted with a 12 month lease at $320 per week and presented extremely well without the added refurbishments. Total income $730 per week.

Both units have an open plan living area combining the kitchen, dining and lounge space, both facing east, which captures that morning sunshine and ocean breezes straight into the living area. The kitchens are rather large with loads of cabinetry storage space.

The bedrooms in both units are double sized with one bedroom in each unit having its own private balcony. There is plenty of linen cupboard storage in each unit and the main bathroom has an exceptionally high ceiling with natural light filtering through the top windows.

Each unit has a single lock up garage and enough space at the front for a visitor car space (off street). This is a truly unique buying opportunity close to the beach and just 20 minutes drive from the new (under construction) International Airport.

Property Information

• Land area approx 511sqm

Property Features

• Garages 2