This prime corner block would suit an investor looking for a development site close to the CBD of Southport. The block has a spacious single story home, currently zoned RD5, with two street frontage this is a prime opportunity for the future! The property is situated in a good central position of Southport, positioned close to many schools with the convenience of the Light Rail Station only 600 metres away. The block size is 501m2 in total with a zoning of RD5 (one bedroom per 50m2) giving the buyer the option of a townhouse development (subject to council approval).

Features include:

* 2 bedroom, 1 bathroom quaint cottage
* $430 – $450 per week rental potential
* 501 m2 block size
* Council Zoning RD5 – 1 bedroom Per 50m2
* 2 Street frontage (Corner Ward St / Pohlman St)
* No Easements
* Ability to Build 3 Townhouses or 6 Apartments (*Subject To Council Approval)
* Sold with vacant possession
* Great central Southport location
* 600m to Light Rail Station
* 2km to Southport CBD
* 4.5km to Griffith University & Gold Coast Hospital

This is an opportunity not to be missed! Call your Southport Development Specialist Robert Peel for more information on this property.