52-54 Musgrave Avenue, Southport, Qld 4215

An established rental holding, with the opportunity to explore something exceptional for the future.

Offered together, 52 and 54 Musgrave Avenue present an opportunity to secure two adjoining Southport properties with existing accommodation, established tenancy arrangements and approximately 1,042m² of combined land area.

Across both properties, seven bedrooms, seven bathrooms and multiple kitchens provide an established accommodation offering. Existing tenancies present the potential for rental income from settlement while you investigate your longer-term plans.

The rental schedule indicates approximately $143,000 in gross annual rental income. For investors, the appeal is a holding that can form part of an income-focused strategy while future options are assessed. For buyers with a bigger vision, the combined land area offers the opportunity to investigate a bespoke dream home or a future development project.

Retain the accommodation and explore improvements, hold while planning your next move, or investigate an entirely new chapter for the property.

Key features:

- Two adjoining properties offered together

- Approximately 1,042m² combined recorded land area

- Seven bedrooms and seven bathrooms across both properties

- Multiple kitchens and accommodation areas

- Established tenancy arrangements

- Indicative scheduled gross rental income of approximately $143,000 per annum, subject to verification

- Balconies and air conditioning in selected accommodation

- Opportunity to investigate a future dream home, refurbishment or redevelopment, subject to approvals

- Available tenancy and historical property records for buyer review

A rental holding for today. Space to explore your vision for tomorrow.

Present All Offers. Contact Black and White Property Group for the available information package or to arrange a private inspection.