1, 3, 5 Binda Pl, 8, 10, 12 Bundall Rd 2 Boomerang Cre Bundall QLD 4217

For Sale via Expression of Interest.

Colliers is pleased to present this coastal, development opportunity for sale, "Binda, Bundall and Boomerang'.

Situated on 6,419m2^ of waterfront land and in one of the Gold Coasts premier suburbs, this property has development approval for a 77 Room, 3 storey Residential Aged Care Facility.

Property Features Include:
- 6,419m2^ of premium canal front land (7 lots available in one line);
- Existing Development Approval for a 77 Room, 3 storey RACF;
- Numerous potential residential development outcomes including (STCA):

1) Waterfront homes*
2) Townhouses or terrace style homes*
3) Boutique residential apartment project*

- Direct proximity to major retail & lifestyle precincts and some of the Gold Coast's best beaches
- Solid holding income from the sites existing improvements (4 detached, freestanding homes)
- Strong median house price exceeding $1,890,000

For more information contact Colliers exclusive agents.

^ approximately
~ outlines indicative only
* STCA