Prime Position Double Block - 1,012m2 Development Site - Strong Holding Income - Owners Require Immediate Sale
Unveil the potential of this A-Grade 1,012m2 development block, perfectly situated in the prestigious Paradise Point on the Gold Coast. Lachlan Marshall & Jared Johnson from Harcourts Coastal Commercial present to the market this unique property, which not only offers an expansive canvas for your visionary development but also comes with the added allure of two existing houses, providing an immediate income stream and breathtaking water views.
Both Properties Key Features:
• Land Size: A sprawling 1,012m2 development block - an extraordinary canvas for crafting your next project, capturing the essence of coastal luxury.
• Existing Houses: Two presentable houses current occupy the property, offering immediate rental income and the potential for a phased development approach.
• Water Views: Enjoy breathtaking water views that define the Gold Coast lifestyle. Your future development can be designed to capitalize on these stunning vistas, creating an unparalleled living experience.
• Income Potential: With two existing houses generating income, seize the opportunity to offset development costs or simply enjoy a steady revenue stream while planning your project.
• Development Versatility: Zoned for development, this block is poised for a variety of possibilities, from luxury residences to boutique apartments.
• Local Amenities: Experience the convenience of nearby cafes, parks, shopping, and world-class dining, all within easy reach of this prime location.
See below further breakdown:
7 Bruce Avenue:
Nestled at the culmination of Paradise Point's main street, this residence offers a unique blend of comfort and versatility. Boasting a dual living granny flat on the lower level and two bedrooms upstairs, this home is light and bright, privacy, and impeccable presentation. Its prime location ensures a lifestyle of unparalleled convenience, with all amenities within easy walking distance.
Key Features:
• Land size approximately 506sqm
• Redevelopment potential with medium-density zoning
• Proximity to Broadwater, shops, and cafes
• Stylish and recently renovated kitchen
• Covered terrace for outdoor enjoyment
• Spacious backyard for leisure and entertainment
• Side access suitable for boats, caravans, or jet skis
9 Bruce Avenue:
A charming original home that exudes timeless appeal and is impeccably maintained. Constructed with full brick both inside and out, this residence stands as a testament to enduring quality. Situated just a stone's throw away from cafes and shops, with Broadwater Park and the swimming enclosure in close proximity, this home offers a lifestyle of convenience and leisure.
Key Features:
• Land size approximately 506sqm
• Redevelopment potential with medium-density zoning
• 3 bedrooms for comfortable living
• 2 bathrooms for convenience
• Double lock-up garage for secure parking
• Minutes to parks, cafes, restaurants, and more
The property is being sold via Expressions Of Interest which close on Wednesday 13th March 2024 at 4pm. Should you have any queries or require any further information please do not hesitate to call us.
*Approximately
Disclaimer:
Harcourts Coastal Commercial 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 Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
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