$55,000,000

Land Area: 4,598sqm* of freehold waterfront land plus an additional 1,472sqm* of sea bed lease, Total Area of 6,070sqm* Building Area: 1,334 m² - Suitable for major redevelopment

Located in Surfers Paradise's central accommodation, entertainment and business district

"Centre" zone with mixed uses including residential, accommodation, retail and commercial

Zoned unlimited height (HX) with potential for 720+ apartments (S.T.C.A.). Redevelopment schemes available

Including 70 apartments plus 5 retail/commercial tenancies

Waterfront Drinking & Food Venues

Fully fitted commercial kitchens

Exclusive Riverfront Alfresco Areas

Walk to all amenities including beach, light rail stations, shopping, restaurants and the entertainment precinct

Strong rental income available from existing residential building and commercial tenancies

Positioned on Nerang River, Hopo Ferry terminal adjacent and a short walk from the busy Cavill Avenue, G:Link tram, Q1 SkyPoint and across from 50 Cavill Avenue

Land Use 1: Motel
Land Use 2: Marina

Zoning: COMPREHENSIVE DEVELOPMENT (GOLD COAST)

Call Leo 0n 0409-255-072 for more information.

***Disclaimer The above information has been provided to us by the Vendor and we do not accept any responsibility for its accuracy. We strongly advise that all interested parties should make and rely upon their own inquiries and investigations