Offers above $1,550,000

Southport

For Sale
Property Type: Land
Approx 673 Square metres

Development site in TSS Precinct

The Brad Scott team is proud to Welcome you to this Exclusive "Off Market" opportunity in the TSS Precinct in Southport.

Discover a golden opportunity to create your very own oasis in the thriving TSS Precinct of Southport. This offering presents a prime 673m2 development block of land, allowing you the freedom to design and build the ultimate luxury 5-bedroom dream home that caters to your unique style and preferences.

With the freedom to create, the possibilities are endless. Imagine waking up to stunning views, enjoying the perfect blend of privacy and convenience, and indulging in the comforts of a custom-designed sanctuary that truly reflects your vision.

Alternatively, we also present an exciting option for those seeking a ready-made solution. We currently have plans available for two magnificent 4-bedroom, 3-bathroom houses, with 2 separate living area, complete with double lock-up garages and inviting pools, all on a single title. This presents a wonderful opportunity for dual living, extended families, or even as an investment with the potential for great rental returns.

Situated in the esteemed TSS Precinct, this sought-after location offers a lifestyle that is second to none. In close proximity to vibrant shopping precincts, renowned educational institutions, pristine beaches, and the vibrant energy of Southport's central hub, every amenity you desire is just moments away.

Take advantage of the booming real estate market and secure your place in this exclusive precinct. This block of land provides you with a blank canvas to bring your architectural vision to life and create the home you've always dreamed of. Alternatively, with plans for two stunning houses already in place, you can effortlessly step into a ready-made haven that exudes elegance and sophistication.

Don't miss out on this exceptional opportunity to make your mark in the TSS Precinct. Contact us today to explore the possibilities and start your journey toward owning your very own slice of paradise in Southport. Your dream home awaits!

Act fast, as opportunities of this caliber do not last long on the market!

PROPERTY INFORMATION
Gold Coast City Council Rates: $549* p.a. approx
Gold Coast City Water Rates: N/A currently as it's a vacant block of land
Currently Vacant block of residential land. So buy Vacant and then either build 2 4-bedroom houses (plans available on request), or design your own 5-bedroom dream home. The Choice is yours.
Zone: Low Density Residential
Residential Density: RD1 (1 dwelling / 400m2)
Building Height: 9m
Footprint Area: 310.49m2*
Block/Site Area: 673m2*
Site Cover: 46.13%%
Setbacks: Front 6m, Side & Rear 1.5m
Height Above: 7.43m
Proposed Dwellings: Double Storey*
Approximate Build Estimate for two 4-Bedroom houses with pools: $900k + GST* each x 2 houses = $1.8m + GST* for custom build (Approx $3,400 psm)
Approximate Build Estimate for 5 Bedroom Dream House: $1.1m - $1.2m* Metricon Premium Range home (Approx $2,700 to $3,000 psm)

* denotes approximations and/or measurements

For further information please contact your Local Varsity Lakes Area Expert Brad Scott.

** Note plans for two detached 4 bedroom, 3bath, DLUG houses with pools are available on request. Also Soil tests are available on request also.
*** Plans on file are preliminary DA submissions and indicative only. Current planning documents and designs have evolved.
**** DA Approval is very close to being approved prior to Xmas. The town planner has indicated no roadblocks for approval, simply waiting on council processing and approval.
***** Current zoning does not currently allow for ‘medium density’ sub-division prior to construction. However, the town planner (who is an ex-Council town planner!) has advised that there are pathways to build a ‘separated duplex’ then subdivide (termed ‘Material Change of Use’), but only once the project is complete. The seller has been advised that there is both precedent and the Council has a positive view to such MCUs, depending on design, height and setback requirements etc etc. So, the seller anticipates that after project completion, the dwellings will be subdivided and sold on separate titles.

We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

COVID-19 Update
- Please do not attend any inspections if have returned from overseas in the past 14 days, are unwell, elderly, or have a compromised immune system.
- Please practice social distancing at all inspections to help minimize the spread of COVID-19.
- If you are unable to physically attend an inspection please click on the 3D Tour for this property for a virtual Online tour of this property.

Location

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