Arguably Southport is going through a Renaissance. The investment dollars are pouring in. Southport, with some $2 billion in construction kicking off, now employs almost one in five on the Gold Coast. 5 Meron Street is sitting right in the heart of this opportunity.
The development leeway given by the Southport PDA (Priority Development Area) means the new Southport CBD Garden Residential Neighbourhood (Precinct 3) scheme is to provide an important cluster of residential density in support of the enormous plans for the Southport CBD. 5 Meron Street is sitting proper in the new scheme.
The CBD Garden Residential Neighbourhood will deliver an urban village with a variety of medium to high-density, medium-rise residential types set amongst high quality garden landscapes and streetscapes serviced by convenience shops and facilities that cater for residents living within the precinct.
The further focus of the scheme is to provide a mix of dwelling types ranging from townhouses to predominantly medium-rise apartment buildings.
Light rail, Broadwater, parklands, dining, shops/supermarket (under construction), and city centre all within a short walk. So from several levels this is an exciting opportunity. Land bank and rent the current house, run a business from the current house whilst waiting for the surrounding development to flourish, or buy to develop with immediate intent. It is our view that this property offers an exciting future to the lucky buyer.
