When it comes to Gold Coast real estate, the term "Blue Chip Real Estate" gets thrown around a lot, but 15 Hythe Street is the real deal. Beachside blocks with original surf shacks are like hens' teeth these days, and what makes this property even rarer is its unique position - there are no neighbouring properties across the road. The site is ideally suited to a new high end architectural build, or several full floor apartments to maximise yield and location. Any new build from the first floor and upwards will gain ocean views and an expansive outlook. The current owner has already engaged a leading Gold Coast design firm for preliminary building design plans, and the vision for this site is nothing short of spectacular.
Key Features:
? Strong Air BnB income potential as is or enhanced further with some upgrades.
? Land bank and capitalise on ownership of the most sought-after land in SEQ.
? One of the few beachside streets with RD6 zoning and flood free overlay.
? First-floor and upwards feature ocean views facing south and east.
? Split-system air conditioning and ceiling fans throughout.
? Large double garage plus undercover parking.
? Easy walk to Nobbys precinct, North Burleigh, and Miami One.
? Just 130m to the beach and 250m to the new light rail station under construction.
? Ideal location for full floor luxury apartments with amenity, transport and geographic location to the beach all in such close proximity and strong current demand.
Prime Location & Growth Potential.
Positioned at the southern end of Miami, just a short stroll from the sand, Hythe Street is set to benefit even further from the Stage 3 light rail extension, with a station being built just 200m away. Miami has seen consistent property growth of over 11% annually for the past decade, and homes east of the Gold Coast Highway have outpaced that even further. Beachside shacks like this are the last real opportunity to buy into some of the most tightly held real estate in the country.
Inspections by appointment only.
For more details, contact Dan Knapp on 0403 619 833.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.