448 Southport Nerang Road, Ashmore QLD 4214

Solid brick lowset | 539m² generous lot | Pool and solar | High-traffic corridor | Combined development potential. This property presents a competitively strong proposition due to its generous land parcel in a medium-density zone, a rarity in this tightly held suburb. The solid 1978-built home offers immediate occupancy with renovation scope, while the lot size and favourable positioning on a major road create clear upside. It serves developers eyeing a combined site with the adjacent property, investors land-banking for future density, and owner-occupiers seeking a lifestyle home with rental appeal. The primary decision hinges on navigating its trafficked location, a trade-off for exposure, and the capital required to realise its development potential. The commercial logic is clear: hold for land value appreciation or pursue a medium-density project. Acquire for its strategic land value; the existing house provides interim utility while plans are formulated. Recent nearby sales demonstrate strong buyer appetite in this precinct: • $1,300,000 sold after 70 days on market. • $1,262,000 sold. • $1,200,000 sold. These comparables, all above the listed price range, validate the area’s liquidity and support a value proposition for this property, assuming similar land attributes and condition.