With an option to purchase adjoining property 16-18 Teemangum Street, Tugun
This prime property has been held in the same family for over 80 years and is now being offered to market. This exceptional development opportunity presents unlimited potential to re-develop.
Located within 500m to Tugun and Currumbin beachfronts, this property is set amongst established multi-million dollar homes.
- Conveniently located property in Tugun
- Lot 7 405m2* & Lot 8 405m2* (RP43531) - totalling 810m2
- Current Zoning “Medium Density Residential”
- Building Height Limit – 3 storeys (15 metres)
- Allowable Density is 1 bedroom per 50m2 of site area
- Conveniently located to M1, boutique shops, and a selection of popular Café’s & Restaurants
- GCCC Rates $1,650* (1 January 2019 – 30 June 2019)
Outline on photos "ïndicative only"
To satisfy your due diligence, we recommend you contact GCCC Town Planning on 07 55828211 or consult with a local Town Planner.
Expressions of Interest closing 4pm Monday 15 April 2019
To arrange an inspection or for further information please contact Paul Kearney 0418 983 538 of Base Property Group.