1950's Shack in the heart of Paradise Point - DEVELOPMENT POTENTIAL!!!

CALLING ALL BUILDERS, DEVELOPERS, DREAMERS: Currently Zoned RD5 this property is prime for redevelopment. Subject to council approval its "Res C" classification allows for 1 bedroom/50m2 with an allowable height of 3 stories/15 metres.

North facing and offering a level, sunny 506m2 block you are literally one street south of the cafe strip and one street west of the beautiful Broadwater. Originally built in the 1950s as a fisherman's shack, this position has fast become a blue-chip "captains club" address surrounded by multi-million homes and offering an easy gateway to the open water.

Whether to live in, rent out or land-bank, this is a magnificent opportunity and a rare one at that.

• 4 bedrooms
• 3 bathrooms
• 1 car with plenty of off-street parking for boats, caravans etc
• Big back yard with plenty of room for pool, pet and playtime
• Currently tenanted but vacant possession can be provided

• Paradise Point is an upmarket enclave littered with cafes, shops, markets and amenities. The water-front park lands are an attraction unto themselves and for serious boaties, this is the the place to be to get in the water and out on the bay within minutes.
• 10 min drive to Gold Coast Hospitals, Griffith University and M1
• Travel north to Brisbane in 1 hour (66km)
• Travel south to Surfers Paradise in 25 min (14km)

• Land size 506sqm
• Re-development potential RD5 (1 bedroom per 50m2) allows a height of 3 stories (15m)

Don't miss this opportunity to grab a piece of Paradise.
Inspection by appointment.

We have used our best endeavours to make sure the above information is true and accurate. However, buyers should not rely on this information and are encouraged to make their own enquiries to verify all information. Our agents and agency accept no liability for any errors or omissions. Buyers are encouraged to seek independent legal advice with respect to the property and entering into a contract of sale.