38-38 A Queen Street & 29-31 Lather Street Southport, QLD 4215
PDA Precinct Residential Garden
1822 *sqm - DA Approved Site - Withholding Income - 50m* to G Link & 5 min walk to CBD
The proposed development comprises of two contemporary Architectural designed towers consisting of 64 residential units over a maximum height of 8 levels with a single storey commercial at ground level and a recreational terrace on the roof top level.
Ground level spaces on the Queen Street frontage will provide an integration of public uses and promote an urban appeal and appearance to the street frontage.
This large site is positioned perfectly for this proposed development, with the G Link at your door step, walking distance to the Broadwater and CBD, Gold Coasts famous sandy beaches only 5 Mins away.
Southport is home to the famous Ferry Rd markets, China Town, Australia fair shopping centre, busy business district & 2 Prestigious Schools, St Hildas & The Southport School [TSS].
• Large 1,822m²* parcel of land offers 60.5m* of street frontage on Lather Street
• Corner north facing site located in the new PDA "Precinct Residential Gardens"
• 50m* to G-link Station, walk to cafes, shops, Australia Fair Shopping Centre & CBD
• Consists of Four houses on separate titles, (currently all rented)
• With Holding income of approx $101,000 per annum for three properties
Current DA Approved As following:
• D.A. approved for a modern 64 units, [63x2 Bedroom] & [1x3 Bedroom]
• Ground floor Commercial and rooftop recreation terrace with pool
• Motivated sellers wants it sold on or before auction! Don't miss this opportunity!
• Information Memorandum available on request
Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Prestige Property Agents and its employees cannot be held responsible for any inaccurate details supplied here. Buyer/s must do their own due diligence regarding drawings, floor plans, council approval and measurements etc. these have not been verified by Prestige Property Agents.
Property ID: 502510690Last Updated: 14 Dec 2018