Armour
3,467M²* DEVELOPMENT SITE | CENTRAL GOLD COAST
Situated in the highly desirable and high growth suburb of Southport, this is the ideal opportunity for a Builder, Developer or Investor to purchase a significant sized parcel located centrally in the Gold Coast and moments from the prestigious Universities and Schools, Shopping Centres and Hospitals.
This unique investment opportunity features the following:
- • Total land area of 3,467m²* over 4 titles (currently in the process of amalgamation)
- • Two street frontage being Blake Street and Nyora Street.
- • Four adjoining houses providing a combined gross annual rent of $130,520*
- • Currently undergoing Amalgamation process (Subject to Ministerial Approval) to rezone the 3467 m²* to Low Medium Density with a building height of 16 metres (approx. 4 storeys) and RD5 Residential Density (1Bed per 50 m²).
- • Blake Street frontage approx. 40.2m and Nyora St frontage approx. 36m
- • An ideal development for dwelling houses, townhouses/duplexes, apartment development^
- • 5Km to Griffith University and University Hospital, 2.3Km to Australia Fair, the Broadwater and St Hildas Private Girl School and 1.3Km to the Trams
- • Develop now, hold and develop later or keep as a solid investment
- • A VERY Rare opportunity and Absolutely will be sold!
- * = approximately
- ^ = Subject to Council Approval