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Coolangatta

Auction

134 Musgrave Street

Great Development Block in a Prime Coolangatta Location

This rare offering should catch the eye of keen developers or land bank investors

OPEN FOR INSPECTION THIS SATURDAY 26TH AUGUST 12:00 - 12:30PM


Occupying a sought after beachside location, this property is being offered to the market for the first time in over 20 years.

The 761m2 corner block with approximately 20 metres of street frontage is zoned 'Medium density residential', with initial research suggesting the beachside holding could be redeveloped to a multi-level high-rise housing up to 15 bedrooms (Subject to Council Approval).

One street from the very heart of Coolangatta and just 250m from the sand of Coolangatta/Kirra point the ideal location ensures any future development will be highly sought after, or for those who simply love the beachside location the option exists to restore the two bedroom Queenslander resting on the block back to its former glory.

This is an extremely rare offering that must sell on Auction Day.

For due diligence enquiries regarding development, we recommend phoning Town Planning at Gold Coast City Council on (07) 5582 8211 or contact the listing agent Lenny McLennan on 0417 604 038.

Relevant links that may assist:

http://cityplan.goldcoast.qld.gov.au/images/10139/PDF/SC2.6%20Overlay%20maps/Residential%20density/Residential_Density_Overlay_Map_19.pdf

http://cityplan.goldcoast.qld.gov.au/images/10139/PDF/SC2.6%20Overlay%20maps/Building%20height/Building_Height_Overlay_Map_24.pdf


Auction Details

Date: 09 Sep 2017

Time: 11:00am

Location: On-Site

Features

6

2

3

Land Size 716 Square Mtr approx.
(Approx in meters) 20

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