Unmatched Development Potential with Solid Rental Income
- Prime Location in Southport
- Located within Priority Development Area
- Approved Development Opportunity
We are proud to present 35 & 37 White Street, an exceptional development opportunity in the heart of Southport’s bustling commercial district. Spanning a generous 1,526m², these two properties offer a strategic position, surrounded by major landmarks including the Southport Courts, Australia Fair Shopping Centre, Gold Coast Aquatic Centre, and prestigious private schools such as St Hilda’s and The Southport School.
These properties are part of the Southport PDA, providing significant development flexibility with reduced planning restrictions. This prime advantage allows for exciting future redevelopment possibilities, providing investors with the opportunity to maximise returns while navigating fewer regulatory constraints.
Approved High-Rise Development Opportunity
Already approved for a 25-level high-rise tower (with renewal required), this site offers:
-177 units across a range of configurations, including:
-16 studio apartments
-19 one-bedroom plus study units
-114 two-bedroom units
-19 three-bedroom units
-8 luxurious three-bedroom penthouses
*A total of 323 bedrooms
*Land area: 1,456m²
Current Configuration & Strong Rental Income
Currently, the properties consist of two separate blocks of 6 units each, with the following features:
35 White Street
Land area: 728m²
-4 x 1-bedroom, 1-bathroom units
-2 x 2-bedroom, 1-bathroom units
-6 carports
37 White Street
Land area: 728m²
-4 x 1-bedroom, 1-bathroom units
-2 x 2-bedroom, 1-bathroom units
-6 carports
Current Rental Income: Approx. $225,420 per year, providing a reliable income stream while you explore future development options.
Why Invest in 35 & 37 White Street?
Strategic Location: Prime spot in Southport’s growing commercial and lifestyle hub.
PDA Benefits: Take advantage of relaxed planning restrictions for higher development potential.
Approved Plans: Ready-to-go 25-level tower with 177 units (renewal required).
Immediate Rental Income: Steady income of ~$225,420 per year.
Flexible Development Options: Maintain existing rental income or redevelop to unlock full potential.
Don’t Miss This Rare Opportunity
Whether you’re an investor seeking a steady income or a developer looking to capitalise on one of the Gold Coast’s most sought-after locations, 35 & 37 White Street offer unrivalled potential for future growth.
Contact Sutherland Projects Today to Secure Your Future Investment!
