Prime Development Opportunity: DA Approved for 4 Townhouses

Discover a lucrative investment opportunity at 4 Virginia Grove. Nestled on a generous 961m2 block of land, this property presents a rare chance for investors and developers to capitalise on a prime location. With DA approval for the construction of 4 two-story townhouses, offering 12 bedrooms, 6 bathrooms and 7 cars in total.<br/><br/>Key Features: <br/>-Strategic Location: Situated just 700 meters from Ferry Road Markets, this property enjoys proximity to an array of shopping and dining options, including the IGA, Queen Street Village and Australia Fair Shopping centre making it an attractive choice for future residents.<br/>-Rental Income: Currently rented for $1,100 per week, this property provides an immediate return on investment while you plan your development.<br/>-Education Hub: Located 800 meters from TSS School, an esteemed educational institution, further enhancing its desirability for potential residents.<br/>-Cultural and Recreational Delights: Close to HOTA (Home of the Arts) and Chevron Island, offering a vibrant cultural scene. A quick 5-minute drive will take you to the iconic Surfers Paradise Beach and the tranquil Broadwater Parklands.<br/>-Urban Convenience: Enjoy the convenience of being close to Southport's thriving restaurant scene, essential amenities, and medical facilities, including the hospital.<br/><br/>With its strategic location, impressive rental income, and approved plans for townhouse development, 4 Virginia Grove represents a compelling investment proposition. The Gold Coast's real estate market is moving fast, and opportunities like these are in high demand. Sellers are motivated, and this property won't be available for long.<br/><br/>For further details, including the current Development Approval documentation and any additional information you may require, please do not hesitate to contact us. This is your chance to secure a blue-chip investment in one of the Gold Coast's most promising locales.<br/><br/>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. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements<br/><br/>