Prime Development Site In Sought After Location

3 Esplanade West, Paradise Point, 4216

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1,299,990 AUDEst. Mortgage: AUD 9,135/monthFor Sale
  • Ownership Type House
  • Property Area 693 sqft
  • Bedrooms 4
  • Bathrooms 3
  • Furnished No
  • Last Updated 8th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 4

Property Overview

Welcome to this once in a generation opportunity to secure yourself an exclusive, water view property within the highly sought after paradise point.

This property is unique as not only is it stunning and potential to renovate to something amazing but the block is a Residential C zoning which means you can build multiple dwellings up to 3 stories on the site and cash in on townhouses, units or duplexs.

Either Buy The house and renovate to make your own special property or knock down and build multiple dwellings up to 3 stories high and cash in during this hot market.

DEVELOPMENT OPTIONS:
option (1) 3 storey 6-7 apartments with at least 12 car parking spaces, or

option (2) 4 x 3 level townhouses or

option (3) 3 big apartments each one per floor like 3 completed apartments in the street,

option (4) renovate the main house with extension up to 3 level , and then build a new large 3 storey house on the back, keep one/sell one



Features of the current property:
In a stunning location overlooking beach & parkland with spectacular /north water views to Coomera River and Sovereign Island, this double storey property sitting a on near 700m2 block is deal for Redevelopment (with Council approval ) with Features including:-

Downstairs: living area plus two spacious bedrooms all with built ins wardrobes, one bathroom and laundry

Upstairs: modern kitchen with granite benchtop in the living area and one large master bedroom with ensuite

Separate self-contained granny flat /studio with own bathroom and garden at rear of the property

Double lock up garage plus carport for caravan

Large rear backyard with loads of room

Boad ramp, spear pump . tropical gardens across the road

Publis transport at your door step, 5 mins to shopping centre

Walking distance to many alfresco restaurants/cafes



Perfect for down sizers, small families, professionals, couples and investors.... Houses like this are only getting harder to find and increasing in value every year wth the potential to develop.

Ideally situated close to multiple schools, public transport and only a short walk to local shopping, cafes, restaurants and the Broadwater.

One of the most northern points of Gold Coast waterways, Paradise Point boasts a café and restaurant lined boulevard that is frequented by nearby residents of Ephraim and Sovereign Islands. On the waterfront exists numerous park and barbecue areas that are a continuous hive of activity and have proven extremely popular for picnickers looking for the perfect lazy Sunday venue.

FaceTime Virtual tours welcomed from our Interstate buyers looking to enjoy the Gold Coast lifestyle and relaxed living but also wanting to live in a stunning townhouse.

Please Contact the Exclusive Listing Agent Adam Phillis to Arrange A Private Inspection Today:
Adam Phillis - 0450500010

Disclaimer: In preparation of information for this listing we used our best endeavours to ensure that the information contained herein is true and correct but accept no responsibility and disclaim all responsibility in respect of any errors omissions inaccuracies or mis-statements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Location on Google Map

3 Esplanade West, Paradise Point, 4216

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