Southport CBD - 1525m2* Land Area - ** UNDER CONTRACT **
Property is UNDER CONTRACT
DEVELOPMENT SITE WITH HOLDING INCOME
Large land holding in the heart of Southport CBD 1525m2* land area over 2 titles (approx 30m x 51m) Total building area of 788m2* Significant redevelopment scope - unlimited building height (STCA) Minutes walk to :- Court house, light rail & bus station, China Town, Tafe, Austraila Fair Shopping Center and all major banks.
This property comprises 2 older style industrial buildings with 3 tenants.
# 66 Davenport St; Warehouse/workshop & showroom area of 264m2* on a land area 511m2* - currently occupied by an auto mechanic
# 68 Davenport St Warehouse/workshop & showroom area of 524m2* on a land area 1014m2* - currently occupied by auto mechanic & curtain & blind showroom.
Zoning :- Southport Priority Development Area (Precinct 1) - Highest density zoning in Southport.
Holding income until ready to redevelop - significant development options in this location & zoning.
Owner Serious To Sell.
Contact Exclusive Agent; Wayne Devenport - 0403 292 629
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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