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SOLD
1177 Gold Coast Highway, Palm Beach, QLD, 4221
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Property Highlights

A rare Palm Beach development site opportunity
  • 825m2 prime beachside land
  • Boutique Development Site
  • Jefferson Lane / GC Highway Frontages

SOLD BY GV PROPERTY GROUP TO INTERSTATE DEVELOPER.

PLEASE CONTACT US TODAY FOR SIMILAR OPPORTUNITIES OR OFF-MARKET SITES. 


For Sale via Expressions of Interest;
1177 Gold Coast Highway, Palm Beach QLD

This future redevelopment site presents an exceptional opportunity for a developer to capitalise on the prime locale (STCA).

The 825sqm block spans two street frontages, including the acclaimed Jefferson Lane and Gold Coast Highway, all whilst being 70 metres to the beach.

In a high profile, lifestyle driven area, this is one for astute investors and/or developers.

One of the few remaining large parcels of land available in Palm Beach. The site provides over 20m of direct frontage for Gold Coast Highway and Jefferson Lane which lends itself to a variety of mixed use and residential development outcomes.

Dual Street Frontage -
20.1m to Jefferson Lane
20.1m to Gold Coast Highway

Height Limit (code) - 29m
RD6 - 1 Bed/33m2
Potential Gross Income: $200,000+

• Suits construction of a luxury residences to maximise the land’s full potential

• Scope to take advantage of Pacific Ocean and coastline views from upper levels

• Benefit from the surging Gold Coast market and predicted long-term growth

• Drawcard destination for outdoor activities, well-being, stress free living

• Walk or cycle to restaurants, cafés, Coles, Palm Beach Parklands, surf breaks

• Convenient to the M1, Gold Coast Airport, Surfers Paradise and Burleigh Heads

• Bounded by Tallebudgera Creek to the north and Currumbin Creek to the south

• Set in Palm Beach State and Palm BeachCurrumbin State High schools catchment

Existing Land Use;
4 Level apartment building comprising of 6 x 2 Bedroom apartments
3x Apartments with easterly facing with water views
3x Apartments westerly facing with hinterland views

For Sale by Expressions of Interest -
Closing Thursday 10th March 2022

Luke Reaby
0417 888 411
[email protected]
www.gvpropertygroup.com

Brendan Andrews
0417 788 882
[email protected]
www.stonerealestate.com.au

Remember to mention you found this property on DevelopmentReady

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