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SOLD

2395 Gold Coast Highway, MERMAID BEACH, QLD 4218

Development Potential
DETAILS
Motel with Huge Potential Development Upside

* Only 300m* from the beach

* Within close proximity to cafes, restaurants, university and domestic/international Gold Coast Airport

* Positioned immediately on the Stage 3 light rail with a station proposed within 100m* of the property

* Located in one of the Gold Coast's strongest performing markets

* Currently an Operational Motel, but will be sold as Vacant Possession

* Corner Café within a busy foot traffic location

* Zoned Medium Density Residential^

* Building Height - 9 metres^

* Building Density - RD4 (1 dwelling/200m2*)^

* Comprises 23 motel rooms, including a manager's residence

* Land area 1,641m2*

For sale via Public Auction at the Gold Coast Turf Club

Thursday, 02 December 2021 at 11am

Please contact the marketing agents to organise an inspection.

*Approximately

^ Gold Coast City Plan 2016 - Version 8

Disclaimer:

Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
Auction:
Auction:
Auction - Thursday 02 December at 11am
Property Area
AREA:
1641 m² (*approx)
Property Type
TYPE:
Residential, Apartment Sites, Townhouse Sites, Other, Other, Apartment Sites, Townhouse Sites, Other, Other
Development Potential
DEVELOPMENT APPROVAL:
Medium Density Residential Zoned Development Opportunity (STCA)

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2395 Gold Coast Highway, MERMAID BEACH, QLD 4218
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