Seller throws in the towel and presents bargain opportunity. This price may never be repeated.

* DA approved for 7 level architecturally designed boutique apartment building,
* Located 300 metres to the beach and a short walk to central Broadbeach.
* 6 x 3 bedroom luxury apartments, one per floor including a two level penthouse
* 607m2 block with 15m frontage
* Option to redevelopment or land bank for the future
* Zoned ‘Residential Choice’ domain, 15 level height control, RD7 classification one bedroom per 25m2 of site area allowing up to 24 bedrooms
* The current site has an older style, two level brick/fibrous house with a detached granny flat and an in ground swimming pool. Currently the property returns $630 per week income
* The ultimate location and lifestyle. Walk to all attractions including Broadbeach precinct, Oasis shopping centre, Casino, Convention centre, Surf clubs, sporting clubs, Pacific Fair, close to schools

” Seller sacrifices price, contract re