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Central Southport DA Approved Development Site – With Holding Income
Expressions of Interest Closes 12pm 9th of May.
Opportunity knocks at this fantastic 708m2 development site with a DA approval in place for 5 stunning villas designed by the renowned team at Jayson Pate Design. The designs take into account the full skyline views that will be seen from the generous living areas.
This excellent site is located just moments from major shopping centres, private and public school including The Southport School & St. Hildas, Ferry Road, the Gold Coast Broadwater, public transport, and Gold Coast’s finest beaches.
Currently there is an original 3-bedroom house providing holding income – rented till July 24 but willing to extend on a short-term lease.
Site Area: 708m2*
DA Approval consists of 5 Villas – 4 x 3bed, 2bath , 2car and 1x 2bed, 2bath, 1 car
Zoned: Medium Res RD5
Building Height: 23m
Current Asset: House – 3 Bed | 1 Bath | 1 Car
Holding income approx. $26K per annum with lease in place till 31/07/24
Architects’ plans, drawings and renders are available for the five villas and more in-depth information is available at your request. Expressions of interest close 09/05/24
For further details please contact Joseph Pimentel 0478 549 292 or Michael Jones 0450 782 078