15-17 Waverley Street,
Southport, QLD 4215

On behalf of Adam Colley, Daniel Walley and Derrick Vickers as Receivers and Managers of Busikon Pty Ltd (Receivers and Managers Appointed) as trustee for the Busikon Unit Trust, Ray White Special Projects (QLD) in conjunction with RWC Gold Coast exclusively present to the market The Waverley Residences. The near completed building comprises a boutique collection of 60 units designed by Rothelowman, comprising 1, 2 and 3 bedroom configurations.

Key Features:

• Land area: 1,414m²*
• Improved with an eight (8) level apartment building comprising sixty (60) units with substantial rooftop amenity and three (3) levels of basement parking accommodating 77 car parking spaces
• The unit mix comprises the following:
- Fourteen (14) x One (1) bedroom units
- Thirty Two (32) x Two (2) bedroom units
- Fourteen (14) x Three (3) bedroom units
• Designed by Rothelowman, the building features large functional floor plans, an abundance of natural light with greenery layered across the facade
• Offered to market with no pre-sales in place
• Currently on two residual land titles providing the incoming purchaser with flexibility to hold for investment or strata and sell down
• Dataroom including certifications and reports is available
• Dual street frontages to Waverley Street (50m*) and Andrews Street (30m*)
• Zoned Precinct 3 - PDA Garden Residential Neighbourhood within the Southport Priority Development Area
• Opportunity to provide housing to a critically undersupplied market where current vacancy rates sit at 1.69%¹
• Centrally located near to shopping and amenities including the Broadwater Parklands (800m*), the IGA anchored Queen Street Village (700m*) and The Southport South Tram Station (400m*)
• In close proximity to leading educational facilities such as The Southport School (1.4km*), Southport State School (1.6km*) and St Hilda's School (800m*)

For Sale via Expressions of Interest
Closing Thursday, 7 November 2024 4pm (AEST)

For further information, please contact the Exclusive Ray White Marketing Agents.

*Approximately
¹https://www.realestateinvestar.com.au/Property/southport