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This four acre development site has existing Development Approval for 17 blocks of land, varying in size from 400m2 to over 600m2, with the opportunity to make an application to council for more lots. All the large scale earthworks have been completed and retaining walls done. This magnificent site is ready to meet its full potential.
There is an existing low-set house on the block which is currently occupied and has a rental return of $1300 per month. The house consists of three bedrooms, one bathroom and single carport. The choice is yours, rent the house out and receive a guaranteed income whilst developing the site or reside in the house and oversee the development from your own back door.
Located in the sought after suburb of Waterford West close to shops, transport, schools, parks and bordering the new Park Ridge master planned community, this area is popular with families and investors alike.
Situated in the Gold Coast corridor only 30 minutes from Brisbane and the Gold Coast, this site offers enormous value and potential with development in the surrounding area booming at present.
Call Coronis now!
Over four acres of land
Developement approval for 17 lots
Retaining walls done
Sought after Waterford West location
Bulk earthworks complete
Close to shops, schools and amenities