Jared Johnson and Taylor Jones of Coastal Commercial are privileged to exclusively present 36 Seabeach Avenue, Mermaid Beach to the market. This 610m2 blue-chip corner holding is improved with a well-presented mixed-use commercial asset currently accommodating an operating surgeon consultancy, beauty clinic, and office.
Prominently positioned on a high-exposure corner on the Gold Coast Highway, the property benefits from dual-street frontage, outstanding accessibility, and exceptional visibility to significant daily traffic flow. The property is set to further benefit from major infrastructure upgrades including the G-Link (Light Rail) expansion, along with significant surrounding development such as 'The Alfred' (currently under construction) - a $185 million lifestyle and dining destination comprising a seven-storey mixed-use development with an 80-apartment residential tower and expansive retail and hospitality offerings.
Mermaid Beach is widely regarded as the Gold Coasts most popular beachside suburb. Occupying a tightly held coastal position with significant holding income and extremely favourable zoning, 36 Seabeach Avenue presents a rare opportunity to secure a beachside asset with substantial development upside. Accelerating infrastructure investment and continued density uplift place the asset firmly in the path of capital growth, offering purchasers flexibility to land-bank, reposition or redevelop and capitalise on the evolving Mermaid Beach skyline.
The sellers are extremely motivated and will consider all cash unconditional offers prior to auction. Should the property not sell beforehand, it will be offered via public auction at 11:00am on Wednesday, 8 April at the Coastal Commercial office, Level 1, 16 Queensland Avenue, Broadbeach.
This outstanding offering can be summarised by the following key attributes:
• Irreplaceable freehold blue-chip asset
• 610m2 functional corner site
• Multi-tenanted investment
• 26m of Gold Coast Highway Street frontage, 22m Seabeach Avenue frontage
• Favourable Zoning 'Neighbourhood Centre' allows up to 8 storeys (24 metres)
• Versatile configuration allowing for a multitude of tenant mixes and income streams
• Strong rental income with significant rental upside
• Demolition clauses attached to lease agreements
• 3 Individual tenancies
• Walking distance to Pacific Fair, G-Link (Light Rail), The Star and Broadbeach's dining and shopping precinct, Nobby Beach & 'The Oxley' precinct and the famed Mermaid Beachfront
• Low maintenance site
• Excellent transport links
• Premium apartment sales results being achieved in the local area
• Strong demand for beachside living from a wealthy demographic
• Extremely low commercial vacancy rates in immediate area
• Signage opportunity to the Gold Coast Highway
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. 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.
Remember to mention you found this property on DevelopmentReady
Jared Johnson and Taylor Jones of Coastal Commercial are privileged to exclusively present 36 Seabeach Avenue, Mermaid Beach to the market. This 610m2 blue-chip corner holding is improved with a well-presented mixed-use commercial asset currently accommodating an operating surgeon consultancy, beauty clinic, and office.
Prominently positioned on a high-exposure corner on the Gold Coast Highway, the property benefits from dual-street frontage, outstanding accessibility, and exceptional visibility to significant daily traffic flow. The property is set to further benefit from major infrastructure upgrades including the G-Link (Light Rail) expansion, along with significant surrounding development such as 'The Alfred' (currently under construction) - a $185 million lifestyle and dining destination comprising a seven-storey mixed-use development with an 80-apartment residential tower and expansive retail and hospitality offerings.
Mermaid Beach is widely regarded as the Gold Coasts most popular beachside suburb. Occupying a tightly held coastal position with significant holding income and extremely favourable zoning, 36 Seabeach Avenue presents a rare opportunity to secure a beachside asset with substantial development upside. Accelerating infrastructure investment and continued density uplift place the asset firmly in the path of capital growth, offering purchasers flexibility to land-bank, reposition or redevelop and capitalise on the evolving Mermaid Beach skyline.
The sellers are extremely motivated and will consider all cash unconditional offers prior to auction. Should the property not sell beforehand, it will be offered via public auction at 11:00am on Wednesday, 8 April at the Coastal Commercial office, Level 1, 16 Queensland Avenue, Broadbeach.
This outstanding offering can be summarised by the following key attributes:
• Irreplaceable freehold blue-chip asset
• 610m2 functional corner site
• Multi-tenanted investment
• 26m of Gold Coast Highway Street frontage, 22m Seabeach Avenue frontage
• Favourable Zoning 'Neighbourhood Centre' allows up to 8 storeys (24 metres)
• Versatile configuration allowing for a multitude of tenant mixes and income streams
• Strong rental income with significant rental upside
• Demolition clauses attached to lease agreements
• 3 Individual tenancies
• Walking distance to Pacific Fair, G-Link (Light Rail), The Star and Broadbeach's dining and shopping precinct, Nobby Beach & 'The Oxley' precinct and the famed Mermaid Beachfront
• Low maintenance site
• Excellent transport links
• Premium apartment sales results being achieved in the local area
• Strong demand for beachside living from a wealthy demographic
• Extremely low commercial vacancy rates in immediate area
• Signage opportunity to the Gold Coast Highway
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. 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.
Remember to mention you found this property on DevelopmentReady
Developments and amenities within a 5km radius of the asset.