2389-2391 Gold Coast Highway, Mermaid Beach, QLD 4218

Jared Johnson and Taylor Jones from Coastal Commercial have the exclusive privilege of presenting 2389-2391 Gold Coast Highway, Mermaid Beach to the market.

Positioned within one of the Gold Coast's most tightly held and rapidly evolving beach side suburbs, this 824m² blue-chip assets represents a rare opportunity to secure a strategic landholding along the Gold Coast Highway corridor. The property sits within a major growth area benefiting from unprecedented infrastructure investment, significant population growth, and ongoing urban renewal initiatives that continue to reshape Mermaid Beach and the broader southern Gold Coast.

The property enjoys an outstanding transport position, with the nearest G:Link Light Rail station located approximately 30 seconds' walk from the site. The Stage 3 extension is due to become operational imminently, providing direct connectivity between Broadbeach and Burleigh Heads and significantly enhancing accessibility throughout the southern Gold Coast. This immediate access to the Gold Coast's premier public transport network further strengthens the site's appeal for future residential, commercial and mixed-use development, while supporting ongoing population growth and increased development density along the transport corridor.

The property's Neighbourhood Centre zoning provides exceptional flexibility for a wide range of future development outcomes (subject to council approval), including residential apartments, mixed-use developments, retail and commercial premises, professional offices, medical and health related facilities, hospitality offerings, and other complementary uses. The site also benefits from height uplift provisions available under the City Plan, with further support provided by neighbouring approved developments that demonstrate the area's evolving development intensity. Adding to this opportunity, Council is expected to shortly adopt a new strategic planning framework within the City Plan, which is anticipated to further enhance development flexibility and unlock additional potential for this strategic beachside landholding.

Adding further momentum to the precinct is 'The Alfred' development a landmark multimillion mixed-use project expected to deliver an luxury residential apartment tower, premium retail offerings and dining experiences.

This property will be sold via Expressions of Interest, closing Wednesday 22nd of July at 4:00pm.

This extraordinary offering can be summarised by the following key attributes:

• Irreplaceable freehold blue-chip asset

• 824m2 functional block

• 20m of Gold Coast Highway Street frontage

• Favourable Zoning 'Neighbourhood Centre' allows up to 8 storeys (24 metres)

• Strategically positioned for potential future density increases supporting the Light Rail project and regional growth

• Strong rental income potential with significant upside

• Walking distance to Pacific Fair, G-Link (Light Rail), Woolworths across the road, Broadbeach Café's, restaurant & Business District, Mermaid bowls and surf club & the Mermaid Beachfront

• Low maintenance site

• Excellent transport links with GCLR (Gold Coast City rail) extension, which is due to become operational imminently, providing direct connectivity between Broadbeach and Burleigh Heads and significantly enhancing accessibility throughout the southern Gold Coast. Popular Dining & Entertainment Precinct, Burleigh Heads.

• Premium apartment sales results being achieved in the local area

• Strong demand for beachside living from a wealthy demographic, with mermaid beach boasting the 2nd highest median house price in QLD

• Signage opportunity to the Gold Coast Highway

*Subject to Council approval and relevant planning requirements.

Mixed Use Building:

• 185m2 Retail / Commercial space over two levels

• 200m2 outdoor dining / beer garden

• 400m2 yard space with small lockup shed

• Commercial kitchen area on ground floor

• Reception / Retail space with floor to ceiling glass window frontage to Gold Coast Highway

• Grease trap

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

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