Centrally located development site with NO easements on a 1012sqm*block with an approved DA for 21 units.

This is your great opportunity to purchase a well positioned Development Site situated within walking distance to TSS, Ferry Road Markets, the Light Rail and the CBD. Surfers Paradise and its famous beaches and restaurants is only 10 minutes short drive away.

Features include :

* 1012sqm* Block
* Zoned RD5 (1 bed per 50sqm)
* 20m* frontage
* DA in place for 15 X 1 bedrooms and 6 X 2
* Potential rental income $450 – $480 per week
* 750m* to Light Rail
* 700m* to Southport CBD
* 3.2km* to Griffith Uni and the Hospital
* 1.5km* to the Broadwater

*approx.