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High-rise Re-development opportunity. A large site with three street access, positioned next to the light railway and walking distance to one of Australian most famous beaches and entertainment precincts.
This is a rare opportunity to purchase a high rise development site consisting of seven amalgamated blocks and access to Vista St, Thornton Ave and Surfers Paradise Boulevard. The high level of demand from domestic purchasers for off the plan apartments is at a generational high, statistics and prevailing market conditions suggesting that substantial growth is likely.
Interested parties must consider that this site should permit an increased yield on the previous DA of 217 apartments and 395 bedrooms.
Previous development opportunity at 2951 Surfers Paradise Blvd, Surfers Paradise.
- Land Area 3,100 sqm*
- Previously Approved Development for 217 units, 395 bedrooms 217 apartments
- Previously 16,360sq m of GFA over 30 Levels @ $754/sqm
- 16,360 sqm* of GFA over 30 Levels
- 7 Amalgamated Lots
- 3 Street Frontages
For Sale by Tender - Closing Tuesday 24th August 2021, 4:00pm.
Disclaimer: Savills Gold Coast has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by MCJ GC Property Pty Ltd ATF Savills Gold Coast Unit Trust toward the recipient with regard to the use of this information and all information given is given without responsibility.
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