Development Site
Southport, QLD
REF ID: LC-0162
Credit Connect Group is pleased to present a residential landholding with redevelopment potential, situated within an established precinct of Southport, Gold Coast QLD.
Investment Overview
The security property comprises of a water-front residential property situated in Southport, on a land area of approximately 1,008sqm. The residential building contains one three-bedroom flat and two one-bedroom flats. The property is zoned Medium Density Residential, under the provisions of the Gold Coast City town plan.
The property holds a Development Approval (DA), for the construction of a low-rise residential apartment building comprising three storeys plus a rooftop terrace and basement level. The approved design includes four x three-bedroom units and one x four-bedroom unit, highlighting the site’s redevelopment potential in an established Gold Coast precinct.
The property was independently valued at $2,115,000
Security property highlights:
- Land area: 1,008 sqm
- Existing improvements: 1 x 3-bedroom flat and 2 x 1-bedroom flats
- Development Approval: Low-rise, 3-storey residential building plus rooftop terrace and basement
- Approved configuration: 4 x 3-bedroom units and 1 x 4-bedroom unit
- Zoning: Medium Density Residential
- Local Government Authority: Gold Coast City Council
You can begin building your private credit investment portfolio with Credit Connect Group (CCG) by investing in loans secured by Australian real estate. Information and images presented on this website are for general informational purposes only and should not be relied upon. While care has been taken, CCG does not warrant or guarantee the accuracy, completeness, or currency of such information. Full details of each investment opportunity are provided in an Information Memorandum (IM) specific to that opportunity. The IM is the only document upon which an investment decision should be based and is available exclusively to registered CCG investors. To register and obtain a copy of the IM, please complete the enquiry form below, email us at [email protected] or call 1300 795 507 to speak with our investment team.
Secure lending. smart investing.
Enquire about this investment opportunity
If you would like to know more information, fill in the form and our investment team will get back to you with further details.
- [email protected]
- 1300 795 507
- Find your closest office
* indicates required fields
Similar Opportunities
View all opportunities
Mermaid Waters, QLD.
Loan Amount: $4940000
Expiry Date: Jan 2028
Marsden Park, NSW
Loan Amount: $74405000
Expiry Date: Nov-2026