40 Queen Street Southport, QLD 4215

This prime development site with two dwellings on the block is perfectly positioned in the Southport CBD. Featuring a north easterly aspect, located across from the Queen Street light rail station & walking distance to everything Southport has to offer.

The property has two street frontage with one house fronting Queen Street & the other fronting Lather Street. The front home is currently occupied returning 570pw, with the current tenant who has been in the property for 20 years. The back home is currently vacant leaving options for the new owner to either re rent, live in or renovate.

This is a once in a life time opportunity to secure a piece of Southport's best land with unlimited future potential growth.

Features Include:

• 405 sqm - Southport Priority Development Area (PDA)
• Southport Precinct 3 zoning under Gold Coast City Plan.
• 2 Street Frontage
• 10.1m Frontage to Queen Street
• 40.5m Frontage to Lather Street
• Two homes on the block
• House 1 current rental $570pw
• House 2 vacant (rental potential $450pw)
• Situated on light rail line, 20 meter walk to station
• 300m walk to Australia Fair & Southport CBD
• 350m Walk to Meriton Woolworths, shops & restaurants
• 400m Walk to Southport Broadwater Parklands

House 1 Features:

• 5 Bedroom + 2 Bathroom
• 2 Storey Queenslander
• Long Term Tenancy
• Courtyard
• Queen Street Frontage

House 2 Features:

• 3 Bed + 1 Bath Home
• Single Level
• Single Lock Up Garage
• Lather Street Frontage

Disclaimer:
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 enquiries to verify the information contained herein.