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The Premiere, 71 Garfield Terrace, SURFERS PARADISE, QLD 4217

Development Potential
DETAILS
'PREMIERE' DEVELOPMENT SITE WITH ABSOLUTE BEACH FRONTAGE
  • Absolute prime beachfront location
  • Ideal for premium residential tower
  • Close to myriad of lifestyle amenities

‘The Premiere’, 71 Garfield Terrace, Surfers Paradise is a prime, direct beachfront development site which is improved by a significantly under-developed eight-storey, six-unit apartment building.

71 Garfield Terrace offers 20 metres* of direct beach frontage and has a total land area of 865sqm*, and under the LAP for the suburb has no maximum restrictions on building height, therefore has the potential to be developed into a premium residential tower.

The existing eight-level ‘The Premiere’ building situated on the site, consists of four full floor apartments, one two-level apartment, and a two storey penthouse, and additional rooftop pool with view terrace. On the ground floor there is basement parking, an outdoor swimming pool and barbecue terrace overlooking the beach. The existing improvements give the incoming purchaser a unique opportunity to either occupy themselves, or holiday rent, and enjoy a significant holding income, whilst approvals are being sought for the future development of the site.

- Currently improved by under-developed eight-storey six-unit apartment building

- 865 sqm site* with 20 metres* beach frontage

- Ideally suited for premium residential tower

- Close to wide range of lifestyle amenity

(* Approximate)

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DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
For sale by Expressions of Interest
Property Area
AREA:
865 m² (*approx)
Property Type
TYPE:
Residential, Apartment Sites, Apartment Sites
Development Potential
DEVELOPMENT APPROVAL:
Ideally suited for premium residential tower (STCA)

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The Premiere, 71 Garfield Terrace, SURFERS PARADISE, QLD 4217

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