1 Prince Street, Southport QLD 4215

This spacious single story Southport home would suit an investor or owner occupier alike. The block is currently zoned RD5 and with two street frontage, this is a prime opportunity to develop now or hold for the future. The property is situated in a good central position of Southport. It is positioned close to many schools with the convenience of the Light Rail Station only 300 metres away, and the Southport CBD is also within close proximity. The block size is 670m2 with a zoning of RD5 (one bedroom per 50m2) giving the buyer the option of a townhouse development or apartment complex (subject to council approval).
Features Include:
* 3 bedroom, 1 bathroom
* Double car port
* Single lock up garage
* Large storage room (potential for extra bedroom)
* $480 per week rental potential
* 670 m2 block size
* Zoned RD5 (1 bedroom per 50m2)
* 7 story height limit
* Ideal for development
* 2 street frontage (26m/24m)
* Planning analysis available on request
* Great Southport location
* 300m to light rail
* 2 km to Southport CBD

This is an opportunity not to be missed! Call your Southport Development Specialist Robert Peel now for more information on this property.