Located strategically, with a dual road frontage to Scarborough Street and Gray Street in Southport – this property offers an opportunity for Developers, Investors and Landbankers.

The property comprises:
- Land Size: 810 square metres
- 8 Tenancies
- If Fully Let Income: $148,782 (inc GST) per annum*

The property has significant redevelopment potential being located within the property is located within the Southport Priority Area, Precinct 2 (“PDA Residential Neighbourhood). This precinct allows for a building height as of right of 8 levels and residential density of 1 bedroom per 9m2 (90 bedrooms).

For more information on this property and a copy of the Information memorandum, please contact Tony Grbcic or Adam Grbcic.