Block of Units for sale

35 - 37 White Street,

Southport, QLD

16 12 12
Interest Above $1,600,000

BARGAIN PRICE Two Seperate Block Of Flats... Huge Price Reduction

BOOMING SOUTHPORT has been earmarked to become the Gold Coast's official CBD after council voted to request the suburb be classified a Priority Development Area (PDA).

This property is DA Approved for 20 apartments (43 Bedrooms) plus returning approx $9,500 per month from the existing flats this outstanding investment opportunity is not to be missed.

Located 100 metres to Southport Central and right in the middle of the medical precinct your investment is sure to see future capital growth. Positioned within the Southport Local Area Plan the properties domain is RD6 with a 7 storey height limit allowing for a minimum of 1 bedroom per 33 SQM.

35 White Street Features:

* 728 Square Metre Block
* 4 x 1 Bedroom 1 Bathroom Flats
* 2 x 2 Bedroom 1 Bathroom Flats
* 6 x Carports

37 White Street Features:

* 728 Square Metre Block
* 4 x 1 Bedroom 1 Bathroom Flats
* 2 x 2 Bedroom 1 Bathroom Flats
* 6 x Carports

Owners prefer to sell both properties in one line although they may look at selling individually.

Realistic vendors understand the current market and have given me clear instructions that the property must be sold.

TWO SEPARATE TITLES

Original asking price was $2,600,000 now a bargain at $1,550,000+
Last updated: 10:09AM on Aug 14th 2013
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