Zoned RD4 there is the potential for 2 dwellings on the usable 506m2 block.
With council approval there is also the option to

This home has been meticulously maintained by the owners for the last 33 years.
Featuring:
3 Bedrooms all with built in robes
Main with ensuite and air-conditioning
Separate Living area with air-conditioning
Combined kitchen and dining with air-conditioning
Ceiling fans throughout
Double lock up garage
Ample off street parking

Located within a short walk to Nerang Train Station and easy access to the M1.
15 minutes to some of the Gold Coasts best beaches and major shopping centre.
With main road exposure you can buy now and develop later, run a business from home, the options are all there.