Subdivision Potential in Sought After Location

This is an amazing opportunity for a developer to obtain 685m2 of land located only minutes from the beach, hospital, TAFE, and Surfers Paradise, positioned on a corner lot with two street frontages, ideal for subdivision. This flat ground corner block has a long street frontage with high potential for two duplexes (STCA).

Currently, there is a house situated on the block which is leased until 10th June 2022 at $1,759.70 per month. The home is neat and tidy with 3 bedrooms, 1 bathroom, spacious kitchen, a large open plan living and dining area, and separate laundry.

Zoned Low-Density Residential, the property is near the mid-density and high-density area, within a reasonable distance to multi-functional neighbourhood retail outlets and shops, the location itself offers sufficient reasons for DA.

This central location is desirable to homeowners and tenants alike situated close to parks, shops, and public transport. The Keebra Park State High School is just across the road, Ashmore TAFE is 5 minutes away, Surfers Paradise is 7 minutes away, and its only 10 minutes from the Gold Coast University Hospital.

There is so much potential and multiple options here. You could renovate the existing home, bulldoze and build, subdivide (STCA), or land bank for the future. With land so scarce in the area, this could be the hottest opportunity you will come across this year!

For all enquiry and inspections, please contact Celia Leng on 0449 177 576

Disclaimer: All statements or claims related to this property have been made to the best knowledge of the vendors and agents, but no guarantee is made as to their accuracy. Any statements or claims should not be treated as facts, and instead should be verified by interested parties via in-person inspections and enquirers.