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Land/Development in Southport, QLD166 Scarborough St

166 Scarborough Street, Southport, QLD 4215
166 Scarborough StreetSouthport QLD 4215 AUS
-27.962616 153.410386
Offers Over $2,300,000
  • Building area 600 sqm
  • Land area 0.2 acres / 810 sqm

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Land Bank or Develop This Site!

Property ID 2014882
Located 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: 810m2*
- 8 Tenancies
- If Fully Let Income: $148,782*pa (inc GST)

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).

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.
(*Approx)

Disclaimer:
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.
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.