This property is an outstanding opportunity to create a commercial investment located on prominent Olsen Avenue. Walking distance to the new Gold Coast University Hospital and opposite the busy Clock Tower Shopping Centre, the property is situated on a corner block of 659m2* of land with a Development & Building Approval for a purpose-built freehold medical centre.

* Great location, high exposure
* Approval to renovate existing structure
* Approved for 2 general practitioners
* Expected return of $95,000* – $100,000* per year
* Existing 3 bedroom home (1 bathroom, 1 car space) – rented at $350* per week
* May be used for food outlets or small business – Subject to Gold Coast City Council approval
* Owner is committed to a sale

Properties with this type of approval are hard to find in this location.

*approx.

Contact Adam Young or Robert Peel for further information or to inspect.

Please contact the listing agent for more details by clicking on the link above.

*Approx

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.