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4 & 6 Clegg Street SOUTHPORT, QLD 4215

Sold for $1,375,000 on 29 Jul 2021
  • 5 Beds
  • 4 Baths
  • 5 Cars
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4 & 6 Clegg Street, SOUTHPORT, QLD 4215

House in SOUTHPORT

Unrivalled Development Opportunity - 2 x 617m² Individual Blocks or 1,234m² Double Block in Highly Sought After Growth Corridor

  • 5 Beds
  • 4 Baths
  • 5 Cars

Situated in the highly sought after and tightly held 'Chirn Park' precinct, footsteps away from trendy cafes & the Gold Coast Broadwater is this rare opportunity to purchase a side by side double block consisting of two 617m2 blocks (1,234m2 combined), both with income producing residences on each block. Buy one or buy both taking advantage of the huge potential this property has to offer.

The holdings are in a huge growth corridor with the potential of massive future growth. This is a golden opportunity to purchase a rare income producing asset in this prime location with exceptional scope to redevelop for greater returns or land bank. Zoned medium density residential (RD2).

Offering a 2 bedroom, 2 bathroom residence on 4 Clegg Street along with a 3 bedroom, 2 bathroom + pool on 6 Clegg Street - both with longstanding tenants and large yard areas presenting a combined holding income of $900 p/w. Ideally located within walking distance to Chirn Park, local cafes, shopping, restaurants and the Gold Coast Broadwater - Owners have given clear instructions to offload this excellent property as soon as possible and will even sell prior to Auction, absolutely must be sold - Do not miss out!

  • Excellent investment opportunity - Will be one of the best buys in the immediate area
  • Zoning: Medium Density Residential (RD2) Huge Potential!
  • An extremely unique offering, double block in highly sought after growth corridor
  • Currently returning $900per week with 2 tenancy's leased
  • 2 x 617m2 blocks - Combined land area 1,234m2 (Buy one or buy both)
  • Excellent location in the trendy 'Chirn Park' precinct
  • Short stroll to local cafes, restaurants & local entertainment precincts
  • Endless development potential or simply land bank for future growth
  • Extremely motivated owner - All offers to be presented in writing
  • Will Sell Prior to Auction!

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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Land:

1,234m² / 0.3 acres

Parking:

5 carport spaces

Bedrooms:

5

Bathrooms:

4