Offers Over $1,995,000

123 Eugaree Street, Southport QLD 4215

House
442
Block size: 1012 m² approx.

Money Maker... 50m2+ Home + High Rise Development Site.

Builders, developers, renovators and money makers, you will need to act fast to secure this unbeatable buying opportunity.

A substantial 50m2+ home currently occupies a 1,012m2 redevelopment site for 27 units (SCA). Alternatively, you have the option to build 6 or potentially more luxury townhouses.

With redevelopment land in this highly sought after pocket becoming literally impossible to aquire, you will need to act fast.

THE CHOICE IS YOURS...
1. BUY & HOLD for maximum returns
2. BUY, BUILD & SELL for maximum profit
3. BUY, BUILD & RETAIN for maximum income and depreciation

You may also wish to purchase a great size family home with granny flat plus huge separate studio that has enormous scope to create an immediate value add opportunity. Alternatively, if you do not wish to live in and want to watch your dollars grow, you can rent the property out and generate maximum holding income.

In addition, the residence features swimming pool, huge outdoor terrace, indoor spa, double lock up garage plus additional off street parking for multiple vehicles.

The property is perfectly located within walking distance to the light rail station, bus stop, schools and shops. The Southport CBD, Griffith University Hospital, and the new and exciting Queen Street Village development are all within close proximity.

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 enquiries to verify the information contained herein.

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Brett Klerck to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
4
Garage Spaces:
2
Property type:
House
Block Size:
1012 *

Other Details

Lot:
45
Plan Type:
RP
Plan:
28685
Legal description:
45/RP28685

Maps and area information

Block information
Block size: 1012 (approx)
Legal description: 45/RP28685
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 19 houses with 4 bedrooms that just sold near 123 Eugaree Street Southport

Property history

We couldn't find any history for this property.
See Southport's suburb profile

Southport suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
36,786
Listing ID: 182543280. This listing has been viewed 12 times. It was first displayed on 22/05/2024 and last updated on 01/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.