27 Bauer Street

Southport QLD 4215

The site has an amazing amount of potential! It has a residential density of RD4 with a 3 storey height limit. The frontage is 20 meters wide and there are no known easments on the block.
The Southport CBD, the medical precinct, rapid transit line, the Broadwater & Broadwater Parklands are all within easy walking distance, perfect for a developer, with the end project being highly desirable for investors and end - users alike.
On the site sits a large four bedroom, 3 bathroom timber home with open plan living areas, large double carport & in ground pool. It is currently rented to a long term tenant, perfect to land bank or receive a return whilst obtaining development approvals.
The potential is enormous - there are apartment & townhouse developments in the area, homes are being renovated & demolished to make way for brand new mansions in this wonderful location - the choice is yours. Redevelopment of the land is subject to council approval.
This is not a market testing exercise - The sellers are extremely motivated, they want a sales result.
The property is to be auctioned on site @ 11am on Saturday 11 June 2011 - offers prior to auction will be submitted & considered.
Don't miss this chance to secure what is arguably Southport's best development or home site opportunity in Southport's supreme dress circle position - Bauer Street.
For an information pack or more details please call Alex McCormack on 0411 510 099
Additional feature/s - Dining Room.