16A Miles Street

Coolangatta QLD 4225

Lot 16A and Lot 16B will be offered for sale either individually or in one line.A rare double lot offering in the tightly held coastal enclave of Kirra. Set across a combined 898m, 16A & 16B Miles Street are offered on separate titles and may be secured individually or together, presenting a premium development prospect just moments from the sand, surf and vibrant lifestyle of Kirra's dining and retail precinct.Positioned within the Medium Density Residential Zone with a building height allowance of up to 15 metres, the site offers compelling potential for a boutique residential development or premium townhouse project (STCA). With two existing dwellings currently onsite and convenient positioning adjacent to parkland, the property also provides flexibility to hold and lease while future plans take shape.16A Miles Street (black roof)- Potential rental return of $900 - $1,100 per week- 405m block set back from the street- 115m existing yellow brick single level dwelling- 3 bedrooms, 1 bathroom, 1 car garage- split system air conditioning- Ideal to rent out during development planning16B Miles Street (red roof)- Potential rental return of $1,200 - $1,400 per week- 493m battleaxe block set back from the street- 180m existing dwelling with second level outdoor living- 3 bedrooms, 2 bathrooms, 1 car garage plus storage- Neat and tidy, updated throughout- Second storey entertaining deck- Open plan kitchen, living dining - Ideal to rent out or occupy short-term during development planningSurrounded by some of the Gold Coast's most iconic coastal destinations between Kirra, Coolangatta and Rainbow Bay, and just five minutes from Gold Coast Airport, this address combines lifestyle appeal with outstanding long-term development prospects.For further information and to arrange a time to inspect, contact Mitchell Lambert on 0421 935 182 or mlambert@pezetmatheson.com.Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. All marketing images are artist's impression.