Contact us to arrange your private inspection! Nestled on an expansive 1036m2 corner block, this remarkable two-story home beckons with the promise of lucrative development and robust rental return possibilities. While meticulously preserving its original charm, this residence has been thoughtfully designed for versatile, multi-purpose living, making it an enticing prospect for developers looking to maximize their return on investment. Whether your strategy involves subdivision, expansion, or adaptive reuse, this property lays a solid foundation for realizing your development objectives. This property holds immense appeal for savvy investors seeking a strategically positioned asset primed for rental income optimization. Its unique configuration and potential for separate living spaces provide an opportunity to secure consistent rental returns, making it a compelling choice for those looking to bolster their investment portfolio in a high-demand market. Moreover, its enviable proximity to the beach adds an extra layer of allure, making it a highly desirable option for tenants and enhancing the property's potential for premium rental income in a sought-after coastal locale. Features You'll Love include: • Massive 1,036m2 corner block • Currently 4 bedrooms, 2 bathrooms • Development Potential (STCA) Street frontage 36.4m x 18.5m • 4 secure garage spaces • Fully fenced yard • Downstairs fully self-contained with private entrance and separate yard area • New side fencing and retaining walls • Heaps of storage space • 4 minutes to Tugun & Bilinga beaches (Approx) • Close to local cafes, restaurants, clubs and shops • Easy access to M1 motorway, John Flynn Private Hospital, Southern Cross University and Gold Coast Airport Tugun is rapidly becoming one of the most sought-after beachside suburbs on the Gold Coast, continuously growing and thriving. This represents a fantastic opportunity to acquire a unique property in a prime location. Don't let this exceptional opportunity pass you by! Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.