PRIME CORNER SITE WITH ENORMOUS DEVELOPMENT POTENTIAL

This is an extremely rare opportunity to secure a superb development site, situated in one of the most rapidly growing enclaves within Labrador only meters to the Broadwater. This corner block is zoned RD5 with a 29m height limit with 50% uplift subject to council approval (STCA). Opportunities are endless, being able to build a duplex, triplex or boutique apartment block STCA. <br/><br/>At present, the property is rented and consists of a large four bedroom home on the block with street frontage to both Whiting and Proud Street, within close proximity to all local amenities. You can build now or build later and land bank for future capital growth whilst maintaining a strong rental income.<br/><br/>This site is perfectly located only 150m from the stunning Broadwater and is only a stone's throw away from major shopping centres and food markets including: Harbour Town & Runaway Bay Shopping Centres, the Gold Coast University Hospital, both private and public schools, restaurants & cafes in Runaway Bay, Labrador and Southport, Griffith University and only a 10 minute drive to Main Beach, 24 Whiting Street has it all!<br/><br/>• Excellent 506m2 North facing corner block with 43.3m* street frontage<br/>• Build now or build later and achieve a good rental return <br/>• Current home consists of four bedrooms, 2 bathrooms and parking<br/>• Golden opportunity for someone looking to build, develop or invest<br/>• Centrally located to public transport and local amenities<br/>• Rarely available in this highly sought after location moments to the Broadwater and local shopping centres, schools, cafes & restaurants<br/>• All offers will be presented prior to auction - Golden opportunity<br/><br/>SCTA* - Subject to council approval<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.