92 Benowa Road, Southport QLD 4215

Located in a bubbling hotspot bordering Benowa & less than 10 minutes drive to the beach is this DA approved site for 3 townhouses. This blue chip site is situated on a 620m2 allotment in a prime location.

Rarely does an opportunity like this present, with the vendor highly motivated & all the building development approvals completed. Buyers don't hesitate with this opportunity, its a standout purchase !!

At present, a very solid four bedroom brick and tile home occupies the site. The buyer may purchase with view to either move in themselves, rent out as an investment or get to work on building this impressive 3 lot development. This project would be ideal for a owner / builder, boutique developer or to secure for a superannuation fund. Have confidence knowing the development approval has a currency of building approval for 7 more years. This site may be an attractive proposition for a large family to secure, with view to building in years to come.

General Scope Of Development Approval -

* Residences are numbered 1,2 and 3 with residence 1 being closest to Benowa Road
* Residence 1 - double storey and share adjoining wall - 226.47m2 in living space
* Residence 2 - double storey and share adjoining wall - 226.47m2 in living space
* Residences 1 & 2 are identical design and are 4 bedroom, 2.5 bathroom with double garage
* Residences 1 & 2 both offer a private roof deck with a view - generous size of 5400mm x 6200mm
* Residence 3 - rear site building, approval to 3 storey's with a 9 metre skyline aspect - 257.50m2 in living space
* Residence 3 - offers a private 3rd floor master bedroom & ensuite, plus bonus upstairs rumpus also.
* Residence 3 - shares no wall and is also cleverly designed to maximise space.
* The complete site is well designed with roadway & greenspace for gardens & path access
* The development design has been configured with a east north-east aspect, with view to attract streams of natural light to all three residences.
* Regular household services are obviously existing, allowing for cost effective connection once each residence is individually titled. There is a slight gradient fall towards the road, so stormwater flow etc is no challenge.

Existing Home ( see incorporated photos )

* Sits on the 620m2 allotment with skyline glimpses from upstairs, capturing cool breezes
* Photos 18-22 on the reel which are the current home
* The home appears very structurally sound - with under house storage
* The home was recently tidied up and modernised a bit with a new kitchen and bathroom
* Further scope to improve the existing home which has quite a presence
* Generous rear yard with lots of grassed area
* Permanent weekly rental appraisal of $750-$780 per week

The property boasts a magnificent location with close proximity to all the Gold Coast has to offer.

* Less than 4km to the beaches of Surfers Paradise and surrounds
* Approximately 7KM to the Smith Street on ramp to M1 Motorway
* Approximately 5KM to the Gold Coast University and Hospital
* Less than 5 minutes drive to Benowa Gardens, Bronberg Plaza, Southport Park Shopping Centres
* Pindara Private Hospital & Gold Coast Botanical Gardens also less than 5 minutes drive away
* Close proximity to a number of popular State and Private Schools including the prestigious TSS, plus golf courses & the Gold Coast Turf Club

Motivated vendor willing to meet the market. All offers to be submitted for their consideration. Agent conjunctions are welcome.

For more information contact Tim Grevell.

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.