9-13 Sandy Court, Southport, in Chirn Park’s highly coveted enclave

INFORMATION MEMORANDUM AVAILABLE UPON REQUEST

Introducing an exceptional investment opportunity at 9 to 13 Sandy Court in Southport. This unique offering features three residential dwellings spread across three contiguous lots, situated in the highly sought-after Chirn Park community. With a total land area of 1,518 sqm and a 45-meter frontage, these properties are currently tenanted under various lease agreements, presenting a compelling prospect for redevelopment or land banking. Investors can seize the chance to expand their portfolio or capitalise on the area’s growing popularity. This versatile property stands as a premier investment opportunity in a thriving market.

Tenancy 1
9 Sandy Court offers a fully fenced high-set brick home with 3 bedrooms, 2 bathrooms, 2 car accommodation located on 506sqm block.

Tenancy 2
11 Sandy Court offers a low-set home with 4 bedrooms, 2 bathrooms and 2 car accommodation situated on a 506sqm block.

Tenancy 3
13 Sandy Court offers a 3 bedroom, 1 bathroom, 2 car accommodation residence on a 506sqm block.

With a total combined income of $2,210, the steady holding income ensures a reliable return while you process a development application and explore future opportunities.

Key Features Include:

– Land Size: Three large blocks of 506 sqm each, totalling 1,518 sqm
– Zoning: Medium Density Residential
– Current Status: Three original homes, all on single titles
– Dimensions: Approx. 45 meters frontage by 34 meters depth
– Development Potential: Ideal layout for development, subject to Council approval of suitable DA

Proximity:
– 750 meters to Broadwater Parklands
– 250 meters to Chirn Park Shopping Village
– 2.5 km to Griffith University and GCU Hospital
– 1.5 km to Southport CBD and light rail
– Additional Benefits:
– Strong holding income with flexible lease arrangements
– Convent access to schools, major shopping centers, beaches, Surfers Paradise, M1 via Smith Street, and train stations.

For further information, please contact the listed agent, Rhys Gordon, to obtain a copy of the Information Memorandum.s