22-24 Chester Terrace
Southport, QLD 4215

This unique property presents a rare opportunity to acquire a prime development block or land for a dream estate home in Southport. Held by the same family for 30 years, this one-of-a-kind parcel of land offers exceptional potential for developers and home builders alike.

The site comprises an almost level block of approximately 2073 square meters, situated within a light rail transition area. It benefits from a 23-meter height limit subject to council approval, allowing for significant development possibilities. Plans have been prepared for the construction of up to 70 apartments, subject to approval, making this an attractive proposition for residential developers.

Located in the TSS precinct, the property offers multiple development options and features a tilt slab perimeter fence for security. Across the road lies a PDA zone, further enhancing the development potential of the site.

Currently, the property includes a comfortable three-bedroom, two-bathroom family home, a five-bay shed, landscaped gardens, a large circular driveway, ample yard space, vegetable gardens, and a garden pergola. This existing residence can provide holding income or serve as a place to live while development plans are being finalized and approved.

Originally held on two separate titles, the property has been consolidated into a single title, maximizing the usable space and flexibility for future development. This consolidation is a significant advantage for developers seeking to optimize the site layout and design.

This property is not only ideal for developers but also offers a unique chance for those seeking to build a grand estate-style home typically reserved for country settings, while enjoying the convenience of proximity to all that Southport and its surrounds have to offer.

Opportunities of this scale and nature are rare and represent a once-in-a-generation chance to secure a substantial landholding in a sought-after location. The property is being offered to the market by Expressions of Interest and is marketed without a price guide. Interested parties are encouraged to submit their best offers to secure this exceptional piece of real estate.

Disclaimer: The information provided has not been independently verified and is passed on in good faith. Prospective purchasers should conduct their own inquiries and inspections to satisfy themselves regarding the accuracy and suitability of the information. No responsibility is accepted by the vendor or agents for any errors or omissions.