Southport, QLD, 4215

$2,400,000
Sold on 4th December 2020
1525 SQM
Sold
development / showrooms/bulky goods / retail

Southport CBD - 1525m2* Land Area - ** UNDER CONTRACT **

Property is UNDER CONTRACT

DEVELOPMENT SITE WITH HOLDING INCOME

Large land holding in the heart of Southport CBD
1525m2* land area over 2 titles (approx 30m x 51m)
Total building area of 788m2*
Significant redevelopment scope – unlimited building height (STCA)
Minutes walk to :- Court house, light rail & bus station, China Town, Tafe, Austraila Fair Shopping Center and all major banks.

This property comprises 2 older style industrial buildings with 3 tenants.

# 66 Davenport St;
Warehouse/workshop & showroom area of 264m2* on a land area 511m2* – currently occupied by an auto mechanic

# 68 Davenport St
Warehouse/workshop & showroom area of 524m2* on a land area 1014m2* – currently occupied by auto mechanic & curtain & blind showroom.

Zoning :- Southport Priority Development Area (Precinct 1) – Highest density zoning in Southport.

Holding income until ready to redevelop – significant development options in this location & zoning.

Owner Serious To Sell.

Contact Exclusive Agent;
Wayne Devenport – 0403 292 629

* Approximately


Property Details
Property Type: Commercial
Floor Area: 788 SQM
Land Area: 1525 SQM