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34 Lenneberg Street & 2 Andrews Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
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Land area: 1072m2
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Prime North/East Corner Development Site in Exclusive Southport PDA

*ENQUIRE TO RECEIVE DATA ROOM WITH PREVIOUS APPLICATION DETAILS*
Corner Site with Predominately Northern Aspect
Exclusive Southport PDA 3 - Garden Residential Neighbourhood
Holding Income with Upside Potential
Presenting an exclusive opportunity for discerning property developers, this coveted corner allotment spans 1,072m2 of prime Southport development land, strategically situated in Priority Development Area 3 - Garden Residential Neighbourhood. A predominantly North-facing orientation with captivating city skyline views, the site offers unparalleled proximity to essential amenities, including the Light Rail, major shopping centres, fine dining establishments, reputable schools, and medical facilities, catering to diverse demographics for future development.
This parcel of land presents a compelling investment prospect, with the potential for a bespoke boutique residential development (with a height potential of 15 levels, subject to council approval, 8 levels deemed more suitable due to setbacks), or alternatively, a strategic land-banking opportunity. As the Gold Coast continues to experience unprecedented migration and growth, with an increasing emphasis on lifestyle considerations, this property is poised to capitalize on the evolving real estate landscape.
The site lends itself to a residential development, leveraging its convenient location, or potentially accommodating an aged care format. Recent successful projects in the vicinity, such as Regal Residences, The Waverley, La Isla Broadwater, and Eden, underscore the desirability and market demand in this flourishing locale.
Facilitating the development process, the Gold Coast City Council stands out for its proactive approach, ensuring efficient handling of Development Applications, with some of the fastest approvals in the country.
Notably, the property at 2 Andrews Street currently commands a rental income of $600 per week (site visits must be arranged with an appointed agent), while 34 Lenneberg, currently unoccupied, presents an opportunity for renovation to enhance its habitability.
For serious inquiries, an informative email will be dispatched, featuring a comprehensive data room containing all pertinent documentation, including previous application details, plans, engineers' reports, etc. Both properties are available for sale as a single, strategic acquisition. Discerning developers are invited to explore this exceptional opportunity to shape the future of this prime Southport development site.
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Property Details for 34 Lenneberg Street & 2 Andrews Street, Southport

Building Type
Commercial
Land Size
1072m2

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About Southport 4215

The size of Southport is approximately 14.6 square kilometres. It has 37 parks covering nearly 18.2% of total area. The population of Southport in 2011 was 28,314 people. By 2016 the population was 31,879 showing a population growth of 12.6% in the area during that time. The predominant age group in Southport is 20-29 years. Households in Southport are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southport work in a professional occupation. In 2011, 41.2% of the homes in Southport were owner-occupied compared with 37.9% in 2016.

Southport has 19,694 properties.

    There are currently 232 properties listed for sale, and 159 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1057 properties were sold in the past 12 months in Southport.

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