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Offer Around $1.2 Million

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Southport

Multi-unit development Site

Multi-unit development site located at Southport the land of 1012m2 is zoned RD5 (1bed/50m2) Detailed building plans and development application has been prepared and is ready for submission for 4 storey, 20 x 1 bedroom apartment building.
The apartments are large 1 bedroom units varying in size from 55 - 67m2 and each
The site is centrally located in Southport's just off Ferry Rd and 600mt from the new light rail rapid transport system that connects to Surfers Paradise, Griffith University and the new Gold Coast University Hospital, Australia Fair shopping centre and CBD..
The apartments will provide good long term capital growth opportunities and strong rental growth. The area is known as a rental hotspot.

Vendor seek offers around $1.2 Million.

Property Features
Land Size 1012 m2

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