Surfers Paradise, Queensland
Ripe for Re-Development!!
Ripe for Re-Development!!
Business Description
Ripe for Re-Development!!
Future development potential - RD8 High Density Residential.
Height of future development subject to council approval.
This site currently operates as a Management Rights three storey walk up complex, and is 2024m2 of true development potential in the priority development area of Surfers Paradise.
All 18 lots and the Management Rights are offered for sale in one line.
Current net profit on Management Rights business in excess of $300,000 p/a.
To contact exclusive listing agent and arrange an inspection call: Gavin
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. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Key Investment Insights
1. High potential for future development - RD8 High Density Residential.
2. Subject to council approval, the height of future development can be determined.
3. Prime location in the priority development area of Surfers Paradise.
4. 2024m2 of land available for development.
5. All 18 lots and the Management Rights are offered for sale in one line.
6. Current net profit of Management Rights business is over $300,000 per year.
7. Exclusive listing agent available for inspection and inquiries.
8. Disclaimer: The information provided is believed to be accurate, but prospective purchasers should verify it themselves.
9. The current site operates as a three storey walk up complex.
10. The potential for development in this area is highly sought after.
