Auction Location: onsite.

Extraordinary and unique corner block (2 streets frontage) on 607 m2 of leveled and elevated land, ready for the next project. Currently zoned as Medium density residential RD3 (future potential proposed density as RD5 under revision).

Tenants have just vacated this original 2 bedroom, 1 bathroom home and is ready and available for its next owner.

This property makes perfect sense for developers or investors alike wanting to secure their investment now or as land bank for future with guaranteed capital gain in a block of land walking distance to magnificent Broadwater, local schools and many amenities in one of the fastest growing ares on the Gold Coast where many families are wanting to call home.
Demolish and redevelop, extend or renovate, rent it out as investment …property suits different needs but most importantly is its location what sets it apart.

House features:
* original timber floors
* 2 bedrooms opening onto an enclosed verandah
* 1 full bathroom
* Large separate laundry
* Combined dining/living
* Open plan kitchen
* Rental appraisal approx $550 per week

Land Features:
* 607 square meters
* 50 m elevated from water level
* Corner block with 2 wide street frontage, walk to water
* Current zone RD3 for 9 m height (potential to RD5 for 16 m height)
* Draft plans (Code Assessment Parameters) for mixed use development to suit current zone are available for interested parties

Please contact Ana Tulloch on 0439 343432 for more information. Note this is an AUCTION and a price guide is not provided. We always try to the best of our ability, to provide the right information to all buyers, nevertheless we urge all interested parties to do their own due diligence on the redevelopment potential of this property.

Disclaimer:
Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.