Auction Today At 11:30am - Prime Beachfront Corner Site Ripe for Development
Presenting a versatile upside opportunity directly opposite a pristine stretch of beach is this rare corner site, currently occupied by an original unit complex.
Holding dual frontage to Pacific Parade and Mills Street, the 498m2* parcel is positioned to offer a relaxing coastal lifestyle surrounded by patrolled surf and vibrant amenities.
The existing structure comprises two one-bedroom and 12 studio-style apartments, which a new owner can leverage to earn a holding income until they are ready to capitalise on the site's full potential.
For developers seeking a high-return investment opportunity, DA approval has already been secured on plans for a boutique development of four luxurious, full-floor apartments devised by BGD Architects.
Alternatively, the block offers an idyllic setting for the construction of a statement coastal home, where extending to multiple levels would offer superior ocean views.
Prime beachfront sites of this calibre are limited, particularly in the burgeoning suburb of Bilinga, which offers a peaceful lifestyle in proximity to key infrastructure, including the Gold Coast Airport.
The Highlights:
- Prime beachfront parcel hosting an original block of units
- Directly opposite the Gold Coast Oceanway and picturesque stretch of coastline
- Rare corner position with dual frontage to Pacific Parade and Mills Street
- Surrounded by low-rise residential homes
- Opportunity for boutique development or luxury beachfront house
- DA approved plans by BGD Architects
- Plans propose a boutique development of four whole-floor apartments, plus a basement and rooftop terrace with pool
- Existing unit block could be utilised for holding rental income; comprised of two one-bedroom units and 12 studio-style units
Bilinga is a burgeoning beachfront pocket, favoured for its peaceful coastal lifestyle and proximity to vibrant amenities. The address is within walking distance of the patrolled beaches and surf life saving clubs of Bilinga and North Kirra, and within 5km of popular surf breaks, including Snapper Rocks and Duranbah Beach. A selection of casual eateries surround the site, while Tugun Shopping Village is a convenient shopping option at 2.5km. The property flanks the Gold Coast Oceanway providing hassle-free pedestrian and cycle access south to Coolangatta and north to Surfers Paradise and beyond. The Gold Coast Highway is also nearby for exploring the city, while proximity to the Gold Coast Airport opens up national and international travel.
Explore the diverse potential of this rare corner site in a burgeoning beachfront pocket – contact Troy Dowker 0409 057 087.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
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