The Phone Code for this property is: 31802. Please quote this number when phoning or texting. For sale. Entire Block. OPPORTUNITY: - 8 Renovated Units (6 x 2Bed; 2 x 3Bed) - Annual Gross Income $232,440 (potential to increase) - 1518m2 MDR zoning - up to 14 storeys (STCA) - 50 metres to the Broadwater and Parklands - GCCC Targeted Growth Area Your opportunity to invest in an exceptional capital growth investment underpinned by a substantial 1518 square metre MDR zoned development site with high rental returns. The apartments have all been professionally renovated including electrical and plumbing upgrades and therefore maintenance is at a minimum. Future redevelopment of this site will achieve views of Broadwater, Mountains, Surfers Paradise, Seaworld, and Islands. Recent development applications in this suburb and precinct have been granted up to 14 storeys. A rare chance to secure one of the few remaining redevelopment sites this close to the water with substantial holding income. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.