SOLD AFTER AUCTION
28-32 GARDINERS PLACE, SOUTHPORT QLD
Positioned in one of the Gold Coast's most sought-after development precincts, this exceptional 2,759sqm landholding spans three titles and offers rare dual street access to Gardiners Place and Chester Terrace. Currently improved with 6 freestanding residential dwellings, the property provides a substantial holding income of approximately $202,800 per annum, allowing investors and developers to generate immediate cash flow while planning their next project.
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Zoned RD5 - Medium Density Residential with a 23-metre height limit, the site presents an outstanding opportunity for townhouse or apartment redevelopment (STCA). Surrounded by established and emerging residential developments, the property is strategically positioned to capitalise on Southport's continued population growth, infrastructure investment and strong residential demand.
Property Highlights:
- 2,759sqm* total land area across three titles
- Rare dual street access to Gardiners Place & Chester Terrace
- RD5 Medium Density Residential zoning
- 23 metre building height allowance
- 6 residential dwellings providing approximately $202,800* gross annual holding income
- Immense Development potential (STCA)
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Location Highlights:
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Located only moments from the Broadwater, Southport CBD, Australia Fair Shopping Centre, Ferry Road Markets, Griffith University, Gold Coast University Hospital and the Light Rail, this is one of the Gold Coast's premier redevelopment opportunities.
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- Walking distance to Ferry Road Markets, Australia Fair and the Broadwater
- Minutes to Griffith University, Gold Coast University Hospital and the G:link Light Rail
- Outstanding connectivity via Smith Street and the M1 Motorway
- Positioned within one of the Gold Coast's strongest growth corridors
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Contact the Exclusive Selling Agents:
Lachlan Harris | 0409 057 733 | lharris@harriscommercial.com.au
Jamie Dewe | 0410 350 273 | jamie@dewecommercial.com.auÂ
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*Approximately.