UNDER CONTRACT Fantastic development opportunity with holding income! Land approved for sub division into two lots, with each lot approved for a large duplex! One lot with two 5 Bedroom Houses. One with two 4 + 1 Bedroom Houses. Excellent opportunity to construct four large dwellings in the CBD of the Gold Coast - an area with massive demand for new housing! Located just off one of the main arterial roads on the Gold Coast, you are within a short driving distance of the main University and Hospital, and within walking distance of the Gold Coasts two most prestigious schools! If you are looking to develop and sell, this project has immediate feasibility! If your intention is to build and hold - you benefit from being in one of the strongest rental markets in the country with enormous potential for capital growth! Call Reg for more information or to express your interest! Area features: - Minutes to newly constructed Queen Street Village - 7 minutes walk to the GC Light Rail - 10 min drive to TAFE Gold Coast Campus, Griffith University - Gold Coast Campus - 10 min drive to Gold Coast University Hospital and Gold Coast Private Hospital - 5 min drive to Australia Fair Shopping Centre - 3 min drive to Ferry Road Market