Over the last few years there have been many opportunities to pick up development blocks on the Southern Gold coast to suit boutique style residences, but there have been few that could compete with #14 Hill Street.

The property is a short stroll to the beaches of Rainbow Bay and Coolangatta, the newly refurbished Jack Evans Boat Harbour, and the shopping, cafes, restaurants and nightlife that the area is famous for, yet the elevated position eludes the hustle and bustle of the tourist mecca that is the Sothern Gold Coast.

This rare, elevated coastal development land is high above the salt spray and captures the cooling ocean breezes. There is water on all sides of Flagstaff Hill making the area cool in summer and having the warming effects of the ocean in winter. The airport is under 10 mins away and is unaffected by airport noise.

The existing residence features two lounge rooms, two dining rooms and huge verandahs. The property is in a sort after rental area and is easily divided into a 3 bedroom house and two bedroom flat providing great income while holding for development.

- Large 550m2 Site
- Zoned 2(b) Medium Density Residential
- Offered for the first time in 22 years

***ATTENTION OVERSEAS INVESTORS***
This property seets the Foreign Investment Criteria, with conditions subject to the Foreign Investment Review Board