Prime future development site with five units on a 627m block.
This income Producing Property is located in the Broadbeach Local Area Plan with a designated building height limit of 20 Storeys.
Please note owner is crrently renovating the units and anticipates approximate rental of $100,000 gross per annum
Possibilties for this property comprise of amalgamation with other properties or developing a stand alone development site with a boutique five level, one unit per floor complex.
A Property like this in an exceptional location, with an income return are very seldom offered to the market.
Don’t miss your Chance, as according to our research there have been very few similar properties that has changed hands within the last three years.