Surfers Paradise 12-16 Weemala Street  QLD 4217

Site Area Expanded! A Gold Coast city fringe development site on Chevron Island, QLD

An opportunity to secure a premium development site in the heart of the Gold Coast.

1,518m2 site (approx.), with potential for up to 2,024m2 (approx.)
45m Frontage with 33m Depth
High Density Residential | RD6 Zoning
Unlimited Height Potential

The two sites comprise a total of 10 apartments providing strong holding income in the heart of Chevron Island positioned within 950m walking distance from the sand of Surfers Paradise.
The site is suitable for apartment high rise building, retirement living, permanent or short stay accommodation.

Bedrooms:
16 Beds, 10 Baths

Gross Rental Returns:
12 Weemala Street; 2 Units Producing Circa $41k PA
14 Weemala Street; 4 Units Producing Circa $77k PA
16 Weemala Street; 4 Units Producing Circa $63k PA

  • ‐ Agents Interest

For Sale
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Property Details

Land/Development

Land size: 1518.0sqm

Agent
Bill Kalimnios
| 0402 596 488
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Agent
Eric Yao
02 9523 4333 | 0425 530 889
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