Located within the Broadbeach Commercial area this property presently contains a restaurant on a short term lease. The owners of adjoining properties have indicated willingness to discuss combining the properties for sale purposes. Subject to Council approvals it may presently be redeveloped for residential purposes up to 20 storeys with possible 25 storey mixed use development, based on similar sites. Possibly the release of new guidelines in early 2015 will make this development more attractive. With the light rail now running it is the ideal time to buy OR place a deposit subject to Building and Development Approvals