32 Chester TerraceSouthport QLD 4215
Property Details for 32 Chester Tce, Southport
32 Chester Tce, Southport is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 858m2.This Property is currently listed for sale with RWC Gold Coast
Last Listing description (May 2024)
Our owner's circumstances have changed and an amazing blue chip development site is ready for new owners. This is an extremely rare opportunity to secure a superb development site, situated in one of the most rapidly growing enclaves within Southport, the TSS precinct. This sunny North East facing block is zoned RD5 with a 23m height limit with 50% uplift subject to council approval (STCA). With a current DA approval for a boutique residential apartment building comprising 11 x three bedroom apartments with rooftop entertaining area and 22 car parks on grade with views of the city skyline from the first floor. Build as per the current DA or amend to suit your ambitions and taste. Alternatively, the site presents an amazing site for a large multi-level with four + car garaging, townhouses or subdivide and build two separate homes on freehold titles. The property will be sold as vacant possession.
At present, there is a large immaculate three bedroom home on the block within close proximity to all local amenities. You can build now or build later and land bank for future capital growth whilst maintaining a strong rental income appraised at $700-$750pw
This site is perfectly located and is only a stone's throw away from major shopping centres and food markets including: Ferry Road Markets, Queens Street Village and Southport Park, the hospital, both private and public schools, dining precincts, cafes, the Gold Coast Broadwater, Gold Coast light rail stop, Griffith University and only a 5 minute drive to the beach, 32 Chester Terrace has it all!
• 858m2 DA approved block with 20.1m street frontage*
• Build now or build later and achieve a good rental return of approx. $700-$750pw
• Current home consists of three bedrooms, large living & dining plus one bathroom
• Golden opportunity for someone looking to build, develop or invest
• Centrally located to public transport and local amenities
• Rarely available in this highly sought after location
• Absolutely must be sold and owners will sell prior to auction
• All offers will be presented prior to auction - Golden opportunity
• DA approved plans available upon request
Location:
James Overell Park - 0.5km
G-Link Light Rail Tram Stop - 0.6km
Meriton Retail Precinct Shopping Centre - 1.0km
Ferry Road Markets - 1.0km
St Hildas - 1.1km
Australia Fair - 1.3km
Southport Park Shopping Centre - 1.5km
Southport Park Shopping Centre - 1.5km
The Southport School - 1.7km
Main Beach - 2.1km
Marina Mirage - 3.3km
Chevron Island - 3.5km
Home of the Arts (HOTA) - 3.5km
Surfers Paradise - 3.7km
Southport Golf Club - 3.9km
Isle of Capri Via Roma Shopping Centre - 5.7km
Gold Coast Convention & Exhibition Centre - 7.3km
Broadbeach - 7.7km
Star Casino - 8.0km
Pacific Fair Shopping Centre - 8.9km
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 32 Chester Tce, Southport, QLD 4215
- 22 May 2024Sold for $1,900,000
- 22 Apr 2024Listed for Sale Auction
- 15 Jun 2020Sold for $840,000
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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 19,530 properties. Over the last 5 years, Houses in Southport have seen a 71.54% increase in median value, while Units have seen a 97.15% increase. As at 31 October 2024:
- The median value for Houses in Southport is $1,056,663 while the median value for Units is $718,523.
- Houses have a median rent of $745 while Units have a median rent of $650.
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