SOLD | SURFERS PARADISE ABSOLUTE BEACHFRONT APARTMENT COMPLEX | RECEIVERS SALE

SOLD

9-11 Garfield Terrace

Surfers Paradise QLD 4217

Land

FOR SALE

*1037sqm* land of absolute beachfront
*Zoned "High Density Residential" and "HX - Unlimited Height"
*Improved with "Anglesea Court" a six level apartment building incorporating 18 Strata Titled units
*Current gross rental return of $383,240 p.a.
*Development Approval for a sixteen level Boutique Hotel comprising 115 suites and 3 food and drink tenancies
*Potential for significant development upside
*Positioned at the Southern end of Surfers Paradise only 250m* South of Northcliffe Surf Lifesaving Club and 1.5km* from Cavill Ave Mall

For further information, please contact the Ray White Special Projects marketing agents

*approximately