Lot 5 Fraser Drive

The Dual Dwelling provides the investor with two rents instead of one, which means that the property would normally be positively geared. The dual dwelling house and land packages are fully council approved, they can be rented individually. A fire rated dividing wall separates the living areas, and the extra soundproofing ensures the occupant's privacy. Tenancy is managed separately by the Agent. When viewed from the road it appears to be a quality standard residential dwelling. It's when you look at the floor plan that the dual income design becomes apparent. What appears to be one dwelling is actually two dwellings. There are minimal outgoings with only one set of rates and no body corporate fees. Fraser Cove Estate is a rare opportunity to secure one of 83 residential home sites in a wonderful location with a wide range of lifestyle amenities close at hand. Equally ideal for astute first homebuyers, investors or downsizers, Lot 5 is 450m2 in size and is nestled adjacent to a large area of parkland, this outstanding position is a brief walk to the Terranora Broadwater, jetty and boat ramp, and only minutes to Coolangatta beaches and local restaurants. Fraser Cove provides easy access to Tweed City and Banora Point shopping centres, recreational options and the airport. A wide range of quality schools are only minutes away.