112 Pohlman Street

Southport QLD 4215

This is an exceptional opportunity to acquire a prime development block located in one of Southport's fastest growing positions. Set in a highly sought after pocket of Southport is this block with DA approval for four townhouses on a ample 675m2 flat allotment, close to all of Southport's amazing amenities, you cannot over capitalise in this highly sought-after location.DA APPROVAL in place for 4 x triple-level townhouses :This development site boasts DA approval for the construction of 4 x three storey 4 bedroom duplex/villas. The design and layout has been planned to maximise all living spaces. Each villa consists of 4 bedrooms, 2.5 bathrooms and each a 2 car garage, a north facing balcony and courtyard. Build as per the current DA or amend to suit your ambitions and taste.The existing property offers a three-bedroom home located conveniently close to all of Southport's amazing amenities. You have the option to build immediately or in the future, making this property ideal for land banking and potential capital appreciation. It also currently returns a robust rental income of $740 per week.HIGHLIGHTS:- Absolute prime Southport location - 675m2 flat block - DA approved for 4 x triple-level 4/2.5/2 townhouses- Townhouses each valued at $1.2M* approx in todays market- 5mins drive to Southport CBD and very close to all amenities- Current home features 3 bedrooms with builtins and bathroom- Central kitchen with spacious living and dining- Tandem double carport- Expansive rear and front yards- Council Rates $1,350 bi-annually approx*- Water rates $400 per quarter approx*- Golden opportunity for someone looking to build, develop or invest- Central position close to public transport, Shops, Tram G-link and access to M1- DA approved plans available upon request- Existing property currently tenanted $740 pw to August 2025 - Motivated sellers!LOCATION:- Light Rail Station - 1km- Ferry Road Markets - 2km- St Hilda's School - 2km- Australia Fair Shopping Centre - 2km- Southport Park Shopping Centre - 2.8km- The Southport School (TSS) - 3km- Main Beach - 3.5km- Marina Mirage - 5km- Home of the Arts (HOTA) - 4.8km- Surfers Paradise - 4.9km- Gold Coast Convention & Exhibition Centre - 8.5km- Broadbeach - 9km- The Star Casino - 9km- Pacific Fair Shopping Centre - 9.5kmDisclaimer: 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 inquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.