Land/Development for Auction
Strategically Positioned Development Site
Property ID 1960318Situated within the Southport CBD this lot is perfectly located for redevelopment. Provided with dual street frontages to both the east and west side of the site, there are ample development options for this site. The site comprises:
- Land size: 810m2
- Currently improved and fully leased (passing income $103,092 inc GST)
- All short term leases
- Zoning: Southport Priority Development Area & designated within Precinct 2 (allowing an 8 storey height limit and a residential density of 1 bedroom per 9m2)
There have been some very successful new developments surrounding this property which indicates the high demand from owner occupiers and investors in this pocket of Southport.
The property is going to be sold at Auction on Wednesday, 21st of November 2018. The Auction will be held at the Sofitel Hotel in Broadbeach at 6pm.
For more information on this property and a copy of the Information memorandum, please contact Tony Grbcic or Adam Grbcic.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.