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Land/Development in Southport, QLD162 Scarborough St

162 Scarborough Street, Southport, QLD 4215
162 Scarborough StreetSouthport QLD 4215 AUS
-27.962667 153.410586
  • Building area 500 sqm
  • Land area 0.2 acres / 809 sqm

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Strategically Positioned Development Site

Property ID 2014884
Situated 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.

Please contact Tony Grbcic on 0407 968 667 or Adam Grbcic on 0404 087 772 for more information on this opportunity and to arrange an inspection.

Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.