19 Norfolk Avenue, Surfers Paradise, Qld 4217

Exceptional Investment Opportunity: Approved 3-Unit Development with Existing Rental Income

Discover a rare and compelling real estate proposition that combines location, innovation, potential, and immediate returns. Situated in the prestigious enclave of Budds Beach in Surfers Paradise, this property presents an unparalleled canvas for astute investors and visionary developers.

Key Highlights:

Unveiling the Possibilities: With the coveted approval for a 3-unit development, this property transcends its current form. Each unit is sanctioned for three stories, setting the stage for an architectural marvel that maximizes space, functionality, and aesthetic appeal.

Future-Ready: The horizon for realizing your vision extends until 15 September 2026, providing ample time to translate your ideas into reality. Whether you're an experienced developer or someone with a passion for crafting dream spaces, the hard part is already done.

A Complete Package: The sale of this property is inclusive of not just the land and structures, but also the invaluable permit to develop, along with all meticulously approved drawings and plans. Streamlining the development journey, this package eliminates uncertainty and fast-tracks progress.

Immediate Returns: Adding to the allure is the existing rental income from the current home, currently rented at $850 per week. This presents a built-in revenue stream while you plan and progress your visionary development.

A Glimpse of Luxury:

Unit Configuration: Each unit boasts an expansive layout, spanning approximately 270 square meters.
Spacious Bedrooms: With 4 bedrooms, these residences cater to modern living, offering ample space for family and guests.
Stylish Bathrooms: Each unit features 3 well-appointed bathrooms, combining comfort with contemporary design.
Open Plan Living: Experience a seamless flow of space and light in the open plan living areas, creating an inviting atmosphere.
Versatile Parking: The inclusion of a garage and an additional carport ensures both convenience and functionality.
Rooftop Retreat: Enjoy breathtaking vistas from the rooftop deck, an exclusive space for relaxation and entertainment.

Prime Location:

Budds Beach is renowned for its tranquility and sophistication, offering an oasis of serenity while being only a block away from the main river. The allure of the beach is within walking distance, underscoring the harmonious blend of nature and urban living.

Investor's Dream:

Developers' Paradise: For developers, this property stands as an opportunity to shape the skyline with elegant and modern residences, while capitalizing on the current demand for innovative living spaces.
Homeowners' Haven: Those seeking contemporary, luxurious living in an idyllic location will find their haven within these upcoming units.

Seize the Opportunity:

The convergence of prime location, visionary design, immediate returns, and a clear path to development sets this property apart. Don't let this chance slip away. Secure a piece of the future today.

To explore this rare offering further and discuss the potential that awaits, please reach out to us at 0474779450.