Description

THE ONLY WAY IS UP!

Be it by residential tower or property price growth, this site is poised for upside. Ideally located between the beach and the CBD, the appeal of this 1012m² site will be obvious to savvy investors. With almost every convenience at the doorstep, and the option to rent the two houses (or live in one/ rent the other), the only way really is up! Buy and hold (with income) – or start development now, in time for the inevitable post-COVID boom!

There is no lack of buyer inquiry on this fantastic site. But the days of “stealing” development sites are long gone. The first realistic offer will walk away with the grand prize!

Recent Proposals

6 – 8 townhouses
9 storey residential tower
Student accomodation
Buy & hold
What will you build here?

Why is this site poised for growth?*:

50m – Tram at the door (goes to Griffith University, Surfers Paradise, Broadbeach… with plans to extend to the Airport* over the coming years)
100m – Proposed Site of Second Gold Coast Casino/ Global Tourism Hub* (STCA)
200m – Broadwater Parklands: Festivals, Concerts, Gold Coast Marathon etc.
250m – Broadwater (paddling, swimming, kayaking)
300m – Coles, Woolworths, Australia Fair, Medical Centres, Dental etc.
500m – 1km* – Chinatown, Ferry Road Markets, Aquatic Centre, Main Beach (surf beaches)
500m – Soon to be completed $550 million dollar Queen Street Street Village development
Previously DA approved for a 9 storey residential tower^

^As advised by owner

Secure this prime double-lot site now and know you have a quality location that will sell in any market. While you’re waiting to build, collect income from two existing houses to cover holding costs.

Contact the exclusive listing agent for more details.