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62-64 Jefferson Lane, Palm Beach, QLD, 4221

2. Property Highlights

Premier Beachside Development Opportunity Within Iconic Palm Beach
  • Favourable Medium Density Residential
  • Secure holding income
  • Desirable coastal location

CBRE & JLL are pleased to exclusively present for sale 62-64 Jefferson Lane, Palm Beach; one of the last remaining sites of scale along arguably the most sought-after stretch of coastline on the Gold Coast.

Key attributes of the offering include;


The regular shaped, 2,185sqm site with dual street frontage is underpinned by favourable Medium Density Residential zoning, supporting a code assessable development to 29 metres (STCA).


The existing improvements comprise a fully leased commercial building and ten generously sized townhouses with current passing income well below market parameters.


Offered for the first time in several decades, the landmark site is one of the last remaining sites of significance in Palm Beach and situated along arguably the most sought-after stretch of coastline on the Gold Coast.


While not being directly beach fronting, the homes positioned along Jefferson Lane are all modern with several having sold well above the underlying land value in recent years, further there are no development applications adjacent to the site.


Palm Beach is an iconic beachside suburb and one of Australia’s most highly sought after coastal catchments. The site itself is located between two separate beach access points less than 100m* away. Ideally situated along the Gold Coast Highway, connecting the site in both north and south directions that will be further advanced by the upcoming Light Rail development.


The location is supported by complimentary retail and dining options along the western side of the Gold Coast Highway headlined by Pavilions Palm Beach – a modern, Coles-anchored shopping centre.

62-64 Jefferson Lane, Palm Beach is offered for sale via Expressions of Interest closing Thursday, 21 March 2024 at 4:00pm (AEST)

(All areas and distances are approximate, and outlines indicative only)

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3. Property Location

62-64 Jefferson Lane, Palm Beach, QLD, 4221

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4. Due Diligence

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62-64 Jefferson Lane, Palm Beach, QLD, 4221 Palm Beach