123 Eugaree Street, Southport, QLD, 4215 - House Sold on 21 08 2024

SoldAug 21, 2024

123 Eugaree Street, Southport, QLD, 4215

$1,950,000

511 m²

1012 m²

House

•

30+ days on the market

Sold: Aug 21, 2024

What's around 123 Eugaree Street

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.