This DA-approved site presents an exceptional opportunity for developers to capitalize on Southport's growth and demand for premium residential developments. With RD5 Medium Density Zoning and approvals in place for a 9-story, 41-apartment project, this is a streamlined pathway to bring a high-yield, executive apartment development to fruition.
Key Highlights:
? Amalgamation of 3 blocks totalling 1836m?.
? RD5 zoning ( Medium Res) .
? Approximately 60m of street frontage
? Approved Plans for 41 executive apartments
Location Benefits:
? Close proximity to CBD, Light Rail, Gold Coast University Hospital, Griffith
University, Ferry Road Markets, and the Broadwater.
? Walking distance to light rail, amenities, dining, and retail options, ensuring
strong appeal to investors and owner-occupiers.
Potential Holding Income
? Substantial 6 bedroom house with multiple living rooms
Situated in a premier location, this property offers developers the flexibility to proceed with approved plans or explore alternative high-potential options.
For further information / plans please get in contact with the exclusive listing agents Michael Jones 0450 782 078 and Joseph Pimentel 0478 549 292 of Coastline Prestige.
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.