Prominent Broadbeach Development Site with Expansive View Corridors
Prominent Broadbeach Development Site with Expansive View Corridors
37 Armrick Avenue, Broadbeach QLD
Total Combined Site Area: 2,235m²
An opportunity to secure a development site in the heart of the Gold Coast. The 2,235m² site is located within the high density residential zone of the Gold Coast city Plan, allowing for a density of 1 bed/13m² with an unlimited building height.
The site provides an opportunity for an extensive residential development, potentially with commercial and retail space with over 72m of direct street exposure from the Gold Coast Highway.
Total Gross Income Potential: $392,000*
*72.7m of Direct GC Highway Frontage
*Indicative only
High Density Residential Zoning
RD8 (1 Bed/13sqm)
Unlimited Building Height
Existing Land Use
1 level retail building with one grade car parking at either end of the building. The centrally located building currently accommodates four retail
tenancies. The site provides a total of 19 car parks.
37 Armrick Avenue:
Residential duplex pair each 3.
Sale Process - For Sale by Expressions of Interest
Closing Thursday 24th March 2022
Mason Kidman
0402 125 782
mason@gvpropertygroup.com
www.gvpropertygroup.com
Luke Reaby
0417 888 411
luke@gvpropertygroup.com
www.gvpropertygroup.com
Danny Yeh
0411 837 793
danny.yeh@austonrealty.com.au
www.austonrealty.com.au
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