38 Ghostgum Grove, Upper Coomera, QLD, 4209

4 LOT FREEHOLD SUBDIVISION WITH MULTI DA
  • 5 BED
  • 3 BATH
  • 2 CAR
For sale

4 LOT FREEHOLD SUBDIVISION WITH MULTI DA

A fantastic opportunity has come to market,
Positioned above the township, with an amazing array of views across the northern Gold Coast, is a rare gem.
This site is DA approved for a four-lot subdivision
The total site is 3.08 Ha.

Breakdown of sites as follows –
LOT 1 – 8302M2 – MEDIUM DENSITY – $9,000,000
DUAL DA APPROVAL – 38 UNIT RESIDENTIAL CARE FACILITY AND 24 INDEPENDENT DWELLINGS FOR RETIREMENT LIVING

LOT 2 – 5187M2 – MEDIUM DENSITY – $3,500,000
– NO COVENANT, NO EASEMENT
– PRELODGE MEETING WITH COUNCIL ADVISED FAVOURABLE CONSIDERATION TO EXTEND FOOTPRINT
FOR 40 – 48 INDEPENDENT LIVING DWELLINGS

LOT 3 – 9512M2 – RURAL RESIDENTIAL ZONING – $3,000,000
– TWO-STOREY SOLID HAND MADE BRICK EXECUTIVE RESIDENCE WITH POOL – APPROX 600M2, 5 BEDS, 3 BATHS,
GRANNY FLAT/ OFFICE, PARKING FOR MULTIPLE CARS, APPROVED TO EXTEND BUILDING ENVELOPE TO 1802M2.

LOT 4 – 7758M2 – RURAL RESIDENTIAL – $1,500,000
ZONING
– BUILDING ENVELOPE APPROVED FOR 925M2.
– POTENTIAL TO BUILD, EXTEND FOOTPRINT SUBJECT TO APPROVAL

You will not find another opportunity like this one. A high-class facility for retirees and people in need of care, the coast has an ever increasing shortage of this type of facility.
Guaranteed subsidies from the government for NDIS and SDR-approved housing are hard to find and can offer very attractive POTENTIAL returns over a 3.5 year period.

For more information or to arrange an inspection, please contact Trina Henry on 0415 123 323.


Property Details
Property Type: Residential
Floor Area: 122 SQM
Land Area: 30760 SQM

Property Features
Sheds
Swimming Pool-In Ground

Inspection Time

No inspections are currently scheduled. Contact the agent to arrange an appointment.


Property Location