ENTIRE BUILDING MUST BE SOLD - MASSIVE DEVELOPMENT POTENTIAL - STRONG HOLDING INCOME!

Situated in the priority development zone of Southport CBD, you will find this block of 4 units situated on a prime 405m2 block. This is an extremely rare opportunity to secure an entire building in a superb location with outstanding holding income and massive development potential.<br/><br/>Boasting four neat and tidy two-bedroom, one-bathroom apartments all with an allocated car park, this block of four currently returns $90,480p.a providing an extremely good holding income while awaiting potential development in the future. This is an opportunity that must not be missed, and this property absolutely must be sold. All written offers will be presented and considered prior to auction.<br/><br/>This excellent site is located just moments from major shopping centres, private and public school including The Southport School & St. Hildas, Ferry Road, the Gold Coast Broadwater, public transport and Gold Coast's finest beaches; 3 Owens Lane, Southport has it all.<br/><br/>• 405m2 block with 15.1m of street frontage*<br/>• Enormous potential for future development<br/>• Golden opportunity for someone looking to develop or invest<br/>• Currently consists of 4 x two-bedroom, one-bathroom apartments<br/>• Currently returning $90,480 p.a. Gross<br/>• 24 x 6kW solar panels<br/>• Centrally located plus found in a priority development enclave<br/>• Rarely available in this highly sought-after pocket<br/>• Absolutely must be sold and owners will sell prior to auction<br/><br/><br/><br/>Disclaimer:<br/>In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.<br/><br/>This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.