This prime beachside parcel housing a block of four units constructed in circa 1975 offers a potential-packed development opportunity in the heart of popular Burleigh Heads.
The 612m2* holding is conveniently located within walking distance of James Street and Burleigh Heads Beach, while its elevated northeast-facing position provides a picturesque ocean and skyline outlook.
Each of the two-bedroom units are tenanted, offering the potential to earn a holding income, while the parcel offers a high-growth land banking opportunity for those looking to add to their property portfolio.
The site's height limit of 15m* invites investors to capitalise on its best use with a new boutique development, subject to council approval. Alternatively, take advantage of the opportunity to build a family masterpiece in a peaceful and central beachside locale.
The Highlights:
- Beachside development opportunity in Burleigh Heads
- 612m2* landholding currently occupied by block of four units
- Walking distance to James Street and Burleigh Beach
- Elevated northeast-facing position captures ocean views
- Each unit has two bedrooms, a bathroom, laundry, and open kitchen, dining and living area with private balcony access
- Covered parking for one car per unit; two also have storage
- 15m height limit allows development for boutique concept, subject to council approval
- Utilise existing structure for holding income
- Renovate or redevelop to maximise rental return upside
- Land bank for future sale or development
This holding occupies a peaceful position in vibrant Burleigh Heads, offering proximity to patrolled surf and key amenities. The dining, nightlife and boutique shopping precinct of James Street is a convenient 300m away, and Burleigh Heads Beach is 650m. Popular beachfront dining options Burleigh Pavilion and Rick Shores are a 650m walk. The address also offers front-row access to natural attractions, including Burleigh Heads National Park and Tallebudgera Creek. The Gold Coast Highway is nearby, opening up easy travel north or south.
Capitalise on a prime Burleigh Heads site ripe for redevelopment – contact Troy Dowker 0409 057 087.
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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