This property presents a premium medium density development opportunity just metres away from the beautiful Mermaid Beach beachfront and the popular Nobbys Beach dinning precinct 810sqm (approx.) freehold development site currently improved by two homes with holding income while you plan your project Zoned ‘Medium Density Residential' under City Plan, suitable for a variety of projects including a residential unit development, a mixed use development, town house or exclusive homes (S.T.C.A) 15m maximum building height and residential density of RD5 - one bedroom per 50sqm net site area Located within the Gold Coast Light Rail growth corridor, with stage 3 connecting Broadbeach to Burleigh Heads Sunny north east corner site allowing for development flexibility and optimal design having two street frontages. Close proximity to the Mermaid Beach beachfront, Nobbys Beach precinct, Pacific Fair and more. Don't miss this opportunity to acquire a unique Mermaid Beach development site on one of the most affluent addresses on the Gold Coast. Plans for potential Medical Centre. Serious sellers requires sale For further information, please contact the exclusive marketing agents John Newlands 0418 753 255 & David Newlands 0426 163 396.