A rare offering of supreme potential, this well presented property is perfectly positioned for steady returns and strong Capital growth.Set within Southport's most desirable and upmarket residential precincts. The property offers the purchaser a wealth of flexible options that include the opportunity to occupy , outstanding passive investment , individually sell strata titled apartments and the option to further Develop (stca) as the property lies within Southport s Priority Development Area (PDA).The property is located walking distance from public transport, G Link light rail, TSS Private School as well as Ferry Road Markets and Southport CBD. 10* minutes to Surfers Paradise, 45 mins to Brisbane CBD.Property Details : 100% Leased all year round Annual Rental Income $198,000PA* 1x3 Bedroom penthouse apartment 6x2 bedroom apartment's 12 Secure Basement carparks Share pool and BBQ area Generous Balconies to each Unit Solar power to common area and penthouse unit To arrange an appointment to inspect contact Brett Delmege on 0408 432 687 or email brett@delmegeagency.com.au