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Southport Development Block - Dual Living. 708m² Block / Rd5 ZoningProperty ID 1526426This multiple dwelling Southport site would suit an investor looking for a development site close to the CBD, or an owner occupier looking for a good return in a central location. The property is situated in a central position of Southport and is a great opportunity for the future. This location is hard to beat with the home being close to many schools, shops and the convenience of the Light Rail Station only 500 metres away and CBD a mere 1km. The block size is 708m2 in total with a zoning of RD5 (one bedroom per 50m2) giving the buyer the option of a townhouse or multi unit development (subject to council approval).
* 3 Bedrooms, 1 Bathroom, Kitchen in house one
* 1 Bedroom Self Contained Granny Flat with kitchen and bathroom next door.
* Timber flooring throughout
* Currently $630 per week Rental Return
* 708 m2 Block Size
* Zoned RD5 (1 Bedroom Per 50m)
* Low Vacancy Rate / Easy to Rent
* Great Southport location
* 500m to light rail Station
* 1 km to Southport CBD
* Double Carport
This is an opportunity not to be missed! Call your Southport Development Specialist Robert Peel for more information on this property