Unique opportunity for up to 5 town Houses at walking distance to the beach!

Rare opportunity of development in one of the sought-after locations of the Gold Coast, at just a few minutes' walk from the beach, shopping and school. If you do not want to carry your surfboard walking, the tram will accommodate your desire, with a station only a few metres away on same street.

With its generous land size and zoning conducive to development, this property offers endless possibilities for expansion or redevelopment, making it an ideal prospect for investors seeking to maximise returns. Whether you're looking to renovate, expand, or redevelop, this property presents a versatile investment opportunity with the potential to unlock substantial value in a rapidly evolving market.

In term of development, you can build either 4 town houses of 4bed/2bath plus garage on 3 levels, or, as the zoning allowed higher construction, you can opt for 5 town houses of 4bed/2bath plus garage on 4 levels. Please do not hesitate to contact our town planer for more detail, Oasis Town Planning, Jerome Fang on 0430 113 189 for all the possibilities of development.

For your information, Airbnb and similar short term rentals on the Gold Coast is extremely profitable, especially in this location, and each town house can be rented as short term accommodation for at least $300/night for a conservative 300 nights a year, that could give a gross turnover of $300 x 5 town houses x 300 nights = $450,000 annually.

With the Olympics 20232 coming fast on the Gold Coast, you could not dream of a better opportunity.

Please call Reg on 0412 976 122 or Merinda Kim on 0437 643 181 for a private inspection.

-Large 784m2 block zoned for development MEDIUM DENSITY RESIDENTIAL
-Possibility to build up to 5 town houses
-Few minutes' walk away to essential amenities, including schools, Australia Fair Shopping Centre, Broadwater Parklands etc
-Public transport only 100m away