Southport, Queensland QLD

Prime corner position with enormous development potential – right in the heart of the new Southport CBD Garden Residential Neighbourhood Once in a while an opportunity to enhance and adapt to a property to new planning laws comes along. 38 Queen Street, Southport is that opportunity. Spread over two blocks of near level land spanning 810 square metres (405 square metres each) the possibilities are exponential (subject to GCCC approvals). The principle of the new 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. The CBD Garden Residential Neighbourhood will deliver an urban village with a variety of medium to high-density, medium-rise residential types set amoungst 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. So from several levels this is an exciting opportunity. Land bank and rent the current house (of which is in great condition), run a business from the current house and wait 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. Tender date closes: Friday 6th March 2015 at 5 pm