Located at 68-70 Brighton Street, this 810sqm prime development site is located just metres to the beautiful Broadwater foreshore!
The hard work’s been done with this site having been granted approval for 12 boutique style apartments, comprising of;
* 4 x 1 bedrooms + 1 bath + 1 secured car park PLUS Study
* 8 x 2 bedrooms + 2 bath + 2 secured car parks
Poised to capitalise on the area’s multi-billion dollar investment, the supremely positioned site will boast easterly views of the Broadwater foreshore and Pacific Ocean.
The property is close to the Gold Coast waterways and beaches, Griffith University, Commonwealth Games venues, transport, major retail and health precincts.
Gold Coast is also set to hold international events such as the 2018 Commonwealth Games. This will drive further interest to the area and prime the Gold Coast as a blue chip investment that will see healthy growth in the coming years.
Timing could not be better with interest rates at record lows, record low vacancy rates in the area, massive infrastructure upgrades and upcoming international events to be staged nearby.
The site can potentially generate $34,320pa in rent. So the buyer can either start the project immediately or sit back and generate an income while unit values in the area increase in the lead up to the Commonwealth Games.