Great Capital Gain and Development Potential

12 Norman St Southport QLD 4215
What a fantastic opportunity!! Make this valuable piece of real estate your own in this Precinct 2 PDA Residential Neighbourhood where the high-rise development is encouraged *(Subject to council approval). The property is close to Griffith University and Gold Coast Hospital and walking distance to Australia Fair Shopping Centre, Broadwater Parklands, Southport Tram Station.
It offers security to any buyer wanting to invest in this dynamic and versatile location with development and great capital gain potential. Also suitable to buyers looking to build their dream home just a stone throw away from the beach.

Currently on this 405 sqm level block there is a 3 bedroom hardwood timber house with a healthy weekly rental income of $420 normally (current rent $300).
Main features:
Upstairs:
- Main bedroom and one bathroom
- Kitchen and living area
- A sunroom
Downstairs:
- 2 bedrooms and 1 bathroom
- laundry
- Lock-up-Garage with remote control

Seller has just purchased a large investment business and wants this property Sold ASAP! Don't miss out!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.