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Overview
Rare Double-Block Development Site with DA for Medical Use
220 Ferry Road in Southport presents a rare and valuable opportunity for investors and developers seeking a prime development site on one of the Gold Coast's busiest roads. This expansive double-block parcel offers a flat 812 square meters of land with an impressive 22 meters of street frontage, providing excellent visibility and accessibility.
The site benefits from a Development Approval (DA) for a modern two-level, class five medical centre. The approved design includes multiple consulting rooms, office spaces, staff amenities, and provision for 13 onsite car parking spaces. This approval offers a significant advantage for investors aiming to capitalize on the growing demand for premium healthcare services in the region.
Beyond its medical use potential, the property's size, exposure, and strategic location make it highly adaptable for various commercial ventures or medium-density residential developments. This flexibility ensures long-term growth prospects and investment security.
Key features of the property include:
- Prime 812 sqm flat development site
- 22 meters of street frontage on Ferry Road
- High traffic exposure with over 35,000 vehicles passing daily
- Cleared and ready for construction
- Development Approval for a premium class five medical centre
- Potential for alternative commercial or residential projects
- Located amidst major upcoming development projects
- Strong local demographics with high demand for amenities and housing
Southport is recognized as a central business district on the Gold Coast and has been designated a Priority Development Area (PDA) under the State Government’s Economic Development Act. This status facilitates streamlined development processes, attracts investment, and accelerates project delivery across nearly 200 hectares of the Southport CBD.
The area is experiencing a surge in major projects including the One Park Lane Supertall Project, Southport Supportive Housing Project, Gold Coast Arena, Special Entertainment Precinct, Nerang Street revitalisation, and the Southport Sharks Masterplan. These initiatives are driving economic growth and enhancing community infrastructure.
Southport's demographic profile supports sustained growth, with nearly 70% of residents in the working-age bracket, providing a strong workforce and consumer base. The rental market is robust, with 59% of households renting and a very low vacancy rate of 0.9%, indicating consistent housing demand. The area is also attractive to families due to its excellent educational institutions, including numerous schools, Griffith University, and proximity to the Gold Coast Hospital.
Overall, 220 Ferry Road offers a strategically located, versatile development site with significant exposure and approved plans that position it well for future growth and investment returns. It is an ideal opportunity for developers and investors looking to benefit from Southport’s dynamic growth and evolving commercial landscape.
Prospective buyers are advised to conduct their own due diligence regarding building approvals and warranties to ensure full satisfaction with their investment decision. The images provided have been enhanced for aesthetic purposes and may not fully represent the current condition of the property.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Southport QLD 4215
Market Insights for Southport QLD 4215
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