200 Queen Street

Southport QLD 4215

506 m²

House

Currently for sale - view listing

Overview

PRIME RESIDENTIAL B LAND, WITH IMMEDIATE INCOME & EXCEPTIONAL FUTURE POTENTIAL

Opportunities to secure Residential B zoned land in the heart of Southport are becoming increasingly scarce, making 200 Queen Street an outstanding opportunity for developers, investors and land bankers alike. Positioned on a generous 506m² allotment, this property combines immediate cash flow with exceptional long-term upside. Currently returning $1,100 per week in rental income, purchasers can enjoy a strong holding return while planning for the future. Whether you're looking to develop now or secure a strategic site in one of the Gold Coast's fastest-growing precincts, this property offers exciting potential for duplexes, townhouses or other residential redevelopment (STCA). Large Residential B sites continue to be tightly held as Southport undergoes significant transformation, making opportunities like this increasingly difficult to replace. Perfectly positioned within one of the Gold Coast's most connected locations, you're only moments from everything that continues to drive strong buyer and tenant demand, including: * Griffith University * Gold Coast University Hospital * Australia Fair Shopping Centre * Broadwater Parklands * Southport CBD * G:Link Light Rail * The Southport School (TSS) * St Hilda's School * Ferry Road Markets * Easy access to the M1 and surrounding Gold Coast suburbs. With substantial infrastructure investment continuing throughout Southport and demand for well-located development sites remaining strong, this is a property that offers both immediate performance and future opportunity. Whether you choose to continue collecting the attractive rental income, develop in the future, or simply land bank in one of Southport's most tightly held growth corridors, the possibilities are extensive. Property Highlights * Residential B zoned 506m² allotment * Currently returning $1,100 per week * Outstanding land banking opportunity * Potential for duplexes, townhouses or future redevelopment (STCA) * Strong holding income while future plans are explored * Highly sought-after Southport location close to major amenities * Minutes to schools, hospitals, transport, shopping and the Broadwater * Exceptional opportunity for developers, investors and future owner-occupiers alike Properties offering this combination of location, holding income and future development potential are becoming increasingly rare. Secure today, generate income from day one, and capitalise on Southport's exciting future.