Land/Development for Auction
Land Bank or Develop This Site!
Property ID 1983208Located strategically, with a dual road frontage to Scarborough Street and Gray Street in Southport - this property offers an opportunity for Developers, Investors and Landbankers.
The property comprises:
- Land Size: 810 square metres
- 8 Tenancies
- If Fully Let Income: $148,782 (inc GST) per annum*
The property has significant redevelopment potential being located within the property is located within the Southport Priority Area, Precinct 2 ("PDA Residential Neighbourhood). This precinct allows for a building height as of right of 8 levels and residential density of 1 bedroom per 9m2 (90 bedrooms).
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.