12 GILMOUR LANE, Southport QLD 4215

1 block from the Beautiful Broadwater is this older style home with a RD4 land zoning and 3 storey height limit with water views potential from the 3rd floor.
Great for the investor or first home buyer wanting to get into the market as this type of home is so close to the broadwater that you can smell the ocean, complete with 3 bedrooms, 1 bathroom home has lots to offer including timber floors and a great sized back yard and lots of off-street parking.
Excellent tenants with a good rent return of $390.00 p/w and low maintenance everything, what a great opportunity!
Situated in a cul-de-sac, very close to shops, this is an ideal opportunity to land bank this RD4 zoned home or develop immediately and take advantage of the broadwater views on offer from the 3rd storey.
The House next door will also Auction on the same day for all developers and interested investors that would make a nice land grab with 835m2 with the two homes.

* Zoned (RD4) 1 dwelling per 200m2*
* Short walk to Southport CBD district
* Large backyards with plenty of storage
* Live in, rent out or demolish & redevelop
* Golden development opportunity
* 2 bedroom and 3 bedroom homes
* Motivated owner, Inspect today!