19 Deodar Drive, Burleigh Heads QLD 4220

This auction offering presents a rare opportunity to acquire an entire block of seven flats in a highly sought-after Gold Coast location. Spanning approximately 550 square meters of land with 450 square meters of building area, the property delivers a substantial residential investment footprint with diversified income streams across seven independently tenanted units.

Investors will appreciate the scale and profitability inherent in this blue-chip portfolio. The current gross rental income stands at approximately $4,310 per week, aggregating to around $224,120 annually, sustained by long-term general tenancy agreements. The block's multi-unit composition, comprising six two-bedroom, one-bathroom flats and a one-bedroom studio, provides both income stability and potential for growth.

Strategically positioned a short walk from the light rail, beaches, and local cafes, the location enhances the appeal for tenants and secures the property's desirability for future capital appreciation. The setup suits private investors, syndicates, SMSF buyers, and long-term portfolio holders seeking strong cash flow and growth potential within a consolidated asset.

Ownership offers an effective way to benefit from diversified rental streams under a single title, minimizing management complexity while maximising income potential. The on-site auction scheduled for 17 October 2026 invites discerning buyers to add a robust and scalable residential portfolio component in Burleigh Heads to their investments.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.