35-39 Eugaree Street, Southport, QLD 4215

This property presents an exceptional development opportunity situated within Southport's Priority Development Area (PDA) Precinct 1 on the Gold Coast. Comprising three houses, each on individual titles, the combined land area spans approximately 2978m2. The existing houses are not suitable for occupancy.

Strategically located, the property offers close proximity to a range of amenities, including schools, hospitals, and public transport options. Renowned educational institutions such as TSS (The Southport School) and St Hildas, as well as the Southport Private Hospital, Ferry Road Markets, and the scenic Broadwater, are all within walking distance.

Envisioned by the council as a hub for innovation, economic activity, and leisure, Southport PDA Precinct 1 aims to accommodate a mix of residential and non-residential CBD uses, high-density living, commercial office spaces, cafes/bars, and retail establishments. The specifics of building height, setback, and mass will be determined by the proposed developments' use and design.

Furthermore, the property falls within the Light Rail Urban Renewal Area (LRURA), offering excellent connectivity to the Gold Coast's public transport network. Proposed developments may also benefit from reduced parking rate requirements due to its location.

Key features and considerations include:

- Zoned within Southport PDA Zone 1

- Three separate titles

- Potential for high-density living

- Diverse development opportunities

- Close proximity to Southport CBD

- Walking distance to Tram Station, providing direct access to Griffith University Precinct

- Convenient access to Southport Private Hospital, TSS, and St Hildas

- Potential for ocean views

- Nearby local shops, eateries, rooftop bars, and shopping centers including Brickworks Marketplace, China Town, and Australia Fair

- 10-minute drive to Pacific Fair shopping center

- Approximately 3km to Main Beach

- Houses sold in "where is, where as" condition for buyers.

This property presents a unique opportunity for developers and investors alike to capitalize on the potential of Southport's thriving precinct.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.