Double Block Development Site

  • $2.6M
Southport, Gold Coast City, Queensland, 4215, Australia
  • Commercial Land, DA Approved
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 4
  • Parking
  • 1012
  • Land m²
  • 1012
Sold
Double Block Development Site
Southport, Gold Coast City, Queensland, 4215, Australia
  • $2.6M

Description

THE ONLY WAY IS UP!

Build the DA Approved residential tower, 8 townhouses or land bank. Either way, this site is poised for upside. Ideally located between the beach and the CBD, the appeal of this 1012m² site will be obvious to savvy investors. With almost every convenience at the doorstep, and the option to rent the two houses (or live in one/ rent the other), the only way really is up! Buy and hold (with income) – or start development now, in time for the inevitable post-COVID boom!

There is no lack of buyer inquiry on this fantastic site. But the days of “stealing” development sites are long gone. The first realistic offer will walk away with the grand prize!

Recent Proposals

  • 6 – 8 townhouses
  • 9 storey residential tower
  • Student accommodation
  • Buy & hold
  • What will you build here?

Why is this site poised for growth?*:

  • 50m – Tram at the door (goes to Griffith University, Surfers Paradise, Broadbeach… with plans to extend to the Airport* over the coming years)
  • 100m – Proposed Site of Second Gold Coast Casino/ Global Tourism Hub* (STCA)
  • 200m – Broadwater Parklands: Festivals, Concerts, Gold Coast Marathon etc.
  • 250m – Broadwater (paddling, swimming, kayaking)
  • 300m – Coles, Woolworths, Australia Fair, Medical Centres, Dental etc.
  • 500m – 1km* – Chinatown, Ferry Road Markets, Aquatic Centre, Main Beach (surf beaches)
  • 500m – 500 million dollar Queen Street Street Village development
  • Previously DA approved for a 9 storey residential tower^

 

^As advised by owner

Secure this prime double-lot site now and know you have a quality location that will sell in any market. While you’re waiting to build, collect income from two existing houses to cover holding costs.

Contact the exclusive listing agent for more details.

 

 

  • Address Southport, Gold Coast
  • City Gold Coast
  • State QLD
  • Post Code 4215
  • Suburb Southport
  • Country Australia

Details

  • Price: $2.6M
  • Building: 1012 m²
  • Land Area: 1012 m²
  • Bedrooms: 6
  • Bathrooms: 3
  • Parking: 4
  • Property Type: Commercial Land, DA Approved

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Disclaimer: *All data is approximate only and must be confirmed with the agent prior to making an offer. Borders, images & locations may be indicative only. All rates and prices are estimates only and subject to change without notice. We do not set the prices, we merely pass on the pricing information from the developer. We use our best endeavours to ensure accuracy of price and availability but accept no liability and give no warranty as to the accuracy of the information. All persons reading this material must rely on their own enquiries and should satisfy themselves as to the accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by the Agent/Agency toward the recipient with regard to the use of this information. Before entering into any contract or agreement, we recommend that all prospective buyers seek the advice of a qualified accountant or financial professional. All applications for finance are subject to approval.

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