67 Falconer Street, Southport, QLD 4215

Located in a highly desirable area of Southport, walking distance to all local amenities. This 665m2 block with a 19m street frontage offers a fantastic opportunity for anyone looking to take

advantage of a recently approved development application while receiving a substantial holding

income of $660 per week.

Current Dwelling - The home itself is positioned well on a quiet elevated street, with three

bedrooms, open plan living, polished timber floorboards, two bathrooms and a large back yard,

perfect for growing families. A fixed term tenancy agreement is in place returning $600 per week

with good tenants who are happy to stay on.

DA - Approval for 9 units with the application completed in 2023, offering an astute investor the

chance to capitalise on the ever-growing Gold Coast market. Consisting of nine, two-bedroom,

two-bathroom units over four levels, this development has just been approved by council with a

currency period of six years.

Southport itself stands out as one of the Gold Coast's rapidly expanding neighborhoods, with

numerous local developments and renovations, the recent transformation of the area into a hub of gentrification renders it a highly promising investment for both the present and the future.

Properties in Southport are in high demand, reflecting its booming status.

Please call Steve Landeta for a copy of the information memo