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19 Bambarra Street

Southport QLD 4215

6
2
1
607 m²
House
Currently for sale - view listing

Overview

DA Approved Development Opportunity 4 Townhouses | Returning $950 Per Week

Prime Southport Development Site with Holding Income Opportunities of this calibre are becoming increasingly rare. Positioned in one of the Gold Coast's most sought-after growth corridors, 19 Bambarra Street, Southport presents the perfect combination of immediate holding income and exceptional future development potential. With Development Approval (DA) already in place for four contemporary townhouses, much of the hard work has been completed. Developers and investors can move forward with confidence while benefiting from an existing rental return of $950 per week, with scope to further increase the income during the holding period. Whether you're ready to commence your next project immediately, land-bank in a blue-chip location, or secure a premium development site for your portfolio, this outstanding opportunity delivers on every level. Property Highlights - DA approved for four architecturally designed townhouses - Existing dwelling currently leased, returning $950 per week - Holding income while you prepare for construction - Outstanding opportunity for developers, builders and investors - Positioned within one of the Gold Coast's strongest-performing residential markets - Strong demand for high-quality townhouse accommodation in Southport - Excellent access to transport, education, healthcare and lifestyle amenities Outstanding Location Ideally situated just minutes from: - Griffith University - Gold Coast University Hospital - Broadwater Parklands - Southport CBD - Australia Fair Shopping Centre - G:link Light Rail - Prestigious public and private schools - World-class beaches and the M1 Motorway Southport continues to experience strong population growth, significant infrastructure investment and sustained demand for quality housing, making this a compelling acquisition for buyers seeking both immediate cash flow and long-term capital growth. This is a rare opportunity to secure a DA-approved development site that generates income from day one while offering outstanding upside. The approved design has been thoughtfully conceived to maximise the site's development potential, achieving an exceptional building footprint. The rear townhouses are designed across three spacious levels, providing generous internal living areas, flexible floorplans and the potential for captivating city skyline views from the upper levels. These design features are expected to enhance both owner-occupier appeal and future resale values. Secure this exceptional Southport development opportunity today.

Features

6 bedrooms
2 bathrooms
1 carspace
607 m² lot size
House

Property history for 19 Bambarra Street

2024
Sold
$1,350,000
Private Sale/Treaty on 27 Aug 2024 by Brett Klerck, of Taylorsproperty.com.au
2022
Sold
$800,000
07 Aug 2022 by Robert Peel, of Ray White Southport
2020
Sold
$510,000
01 May 2020 by Trevor Groves, of Belle Maison Realty

Happy sellers in Southport

87%
87% of sellers in Southport reported that their sale price either exceeded or met their price expectations.

Southport stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 165 reviews in Southport over the last 12 months.

Local market activity for 6 bedroom houses in Southport

In the last 12 months, 2 six-bedroom houses similar to 19 Bambarra Street, have been sold.

This represents a 84% increase in six-bedroom houses sales when compared to the previous 12 months.

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