Canford Estate Agents are delighted to offer this exceptional opportunity to acquire 'The Monaco Apartments' in their entirety at 120 The Esplanade, Surfers Paradise.

This 1687m² direct beachfront site currently occupies an exclusive 4 level, 27 unit building offering spectacular ocean views with immediate access to some of the best entertainment and dining on the Gold Coast.

The high-density residential zoning allows for unlimited building height (STCA) which presents a compelling investment or redevelopment proposition. The site has and will forever maintain costal views due to its beachfront position.

The property can be developed immediately or rented out and held as an investment due to the strong demand for rental property on the Gold Coast and competitive market.

- East facing
- Strong rental income
- 200* Metres to Surfers Paradise North Light Rail Station
- Zoned High Density Residential allowing for unlimited height (STCA)
- Stunning ocean views
- Walking distance to multiple shopping centres, restaurants and nightlife

The property is being offered For Sale by Expressions of Interest.

Also available for sale as a separate acquisition is the adjoining property 'Kupari Apartments' at 3303 Surfers Paradise Boulevard consisting of 21 apartments on a land area of 1234m² when combined with 'The Monaco Apartments' giving a total land area of 2921m².

For further information or to arrange a private inspection please contact the exclusive agents.