5 Haig Street,

Coolangatta

Less than 150 metres to the sands of Kirra Beach, and only 50 metres to Kirra Village restaurant, cafe & shopping precinct this ultra-rare offering presents an unmatched opportunity to acquire 1012m2 of prime beachside development land. This prime parcel comprises an existing complex of 8 apartments generating lucrative annual income returns. Offering exciting scope for developers to re-develop (STCA) or investors to improve and landbank , this is a rare and an unrivalled opportunity in one of the Southern Gold Coast's most in-demand locales.

• 1,012m2 of exclusive beachside land just a 2 minute stroll to Kirra Beach
• Metres to Musgrave Street's vibrant array of shops, cafes and restaurants
• Existing complex of 8 apartments (7 x 2 bedroom, 1 x 3 bedroom)
• Current gross rental income approx. $210,000 p/a with scope to improve
• Prime development opportunity to re-develop.
• Code assessable maximum building height of 29 metres STCA
• Impact assessable potential to increase height STCA
• Attractive offering for investors to landbank and receive rental income
• There is high demand for new apartments in Kirra and the Southern GC
• Capitalise on the exploding popularity of the area as an investment hotspot
• Minutes to iconic surfing breaks, SC University and the GC Airport
• Contact Agent for information memorandum including town planning advice