This older style highset house is set on an expansive 1,012sqm block with a valuable zoning and high potential for redevelopment, possibly for numerous townhouses, subject to local council approvals.
The home comprises of a basic kitchen, dining area, lounge, 3 bedrooms, one bathroom, and downstairs laundry with a covered outdoor verandah at the rear of the property.
This property enjoys a host of amenities is situated in the heart of the CBD with Australia Fair Shopping Centre, TSS, and the Ferry Road Markets nearby and the Surfers Paradise beaches only a short drive away.
This residence is in its original condition and could be rejuvenated; however the value lies in the land and the potential returns on offer. Investors and Developers alike should investigate the myriad of options available under the RD5 Medium Density zoning and prepare to bid at auction for this highly desirable proposition.

ALL INSPECTIONS BY APPOINTMENT.

PRIVATE TREATY TERMS: NEGOTIABLE TERMS with 30-42 DAY SETTLEMENT preferred and 5% DEPOSIT (or agreeable amount) PAYABLE BY PERSONAL/COMPANY/BANK CHEQUE or ELECTRONIC FUNDS TRANSFER (prior to countersigning).