An extraordinary opportunity awaits in the heart of Southport, where two prime properties, 22 Prince Street and 21 Ward Street, are being offered for sale, either individually or as a combined holding. Whether you are an investor, developer, or visionary buyer, this is your chance to secure a strategic footprint in one of the Gold Coast's most dynamic growth corridors.
Together, these two properties span approximately 1,220m² of flat, usable land with dual street access, an incredibly rare and valuable feature. The blocks are zoned RD5 (Medium Density Residential) with development height potential up to 23 metres, offering scope for a significant townhouse or unit development (STCA). With around 20 metres of frontage on both Prince and Ward Streets, the site allows for flexible design, easy access, and outstanding street appeal.
Each property features a well-maintained 3-bedroom home, providing immediate holding income while you plan your next move. 22 Prince Street sits on a 610m² block and is currently leased at $700 per week, while 21 Ward Street offers similar rental potential, at $750 per week. This dual-income setup makes the offering even more attractive for buyers seeking to capitalise on future development while generating cash flow from day one.
The location could not be more ideal, situated within walking distance to the G: Link Light Rail, Queen Street Village, local shopping centres, medical facilities, schools, and major transport routes. This pocket of Southport is seeing strong demand and consistent growth, making it a hotspot for redevelopment and high-yield investments.
Whether you are looking to buy a single lot for a boutique project or secure both sites for a larger development, the flexibility and potential here are unmatched. Buy one to invest or live in a high-growth area, or buy both to unlock the full potential of this dual-street-access block and create something truly exceptional.
Offering each property to market at Offers Over $1,395,000 or a collective package of both properties at Offers Over $2,695,000.
Opportunities like this, offering scale, zoning, holding income, and unbeatable positioning, are rarely available. Act now to secure your foothold in this sought-after pocket of Southport.
*Disclaimer: Taylors Property have taken care of ensuring the description represents the property to the best of our knowledge. However, we take no responsibility for any inaccuracies. Please note photos may not always represent the property to its best ability, please ensure you view and/or have someone view the property.
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