EXECUTIVE SUMMARY

SUBJECT PROPERTY: 140 Ridgeway Avenue, Southport
LEGAL DESCRIPTION: L10 on SP108056 – 50241201
LAND AREA: 3,200m2*CURRENT
ZONING: Residential Choice – Rd 3
LOCAL AUTHORITY: Gold Coast City Council
* APPROXIMATE

This property has a current development approval for 21 units consisting of 14 x 1-bedroom and 7 x 2-bedroom apartments over 2 x buildings.

A copy of this development approval and architectural drawings can be provided upon request.

Other possible uses of the property may include (subject to council approval) the following:

- Childcare Centre
- Aged-Care Facility
- Car-Wash & Cafe
- Townhouses
- Home-Office
- Professional Suites

The seller has instructed they will consider proposals subject to a new development approval.