This property represents a significant strategic development site on an absolute beachfront block with holding income in the heart of the Gold Coast.

Neighbouring landmarks include: Narrowneck Beach, Macintosh Island Park, The Sheraton Mirage, Marina Mirage, Palazzo Versace Hotel, Tedder Avenue Dining Precinct, just to name a few.

Absolute beachfront development sites are rare and highly sought after.

The subject property is secured by leases to four tenants, creating holding income.

This outstanding investment opportunity features the following:
- 617m2* of absolute beachfront development land
- Block of four flats (2 x two bedroom & 2 x three bedroom)
- Walking distance to cafes, restaurants, shops & G:Link
- Development Approval for 14 level building
- An opportunity not to be missed

*Approx.

EXPRESSIONS OF INTEREST CLOSING THURSDAY 23RD JULY 2020 AT 4PM

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.