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Laurieton House, 1177, 1179 & 1181 Gold Coast Highway Palm Beach, QLD 4221

Laurieton House, 1177, 1179 & 1181 Gold Coast Highway,
Palm Beach, QLD 4221

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Beachside Approved Development Site Palm Beach

  • DA Approval for 36 Luxury apartments
  • Rare Amalgamation with 40m Dual Frontage
  • Current Asset: 2x Houses + 6 Apartments
Luke Reaby and Antonio Mercuri from GV Property Group proudly present 1177, 1179 and 1181 Gold Coast Highway, Palm Beach For Sale.

A prime 1,649m2* approved development site located in the highly sought-after suburb of Palm Beach.


A mere 50m stroll to world-renowned surfing beaches, major amenity, boutique retailers, trendy cafes, restaurants and bars of Palm Beach.


With Development Approval already in place for an exclusive 9 storey residential building, this is a truly rare and irreplaceable development opportunity.


Key Features Include:

- Located in the highly sought-after Gold Coast suburb of Palm Beach
- Combined land parcel size of 1,649m2* (across three blocks)
- Development Approval for a 9-storey boutique residential apartment project, comprising 36 luxury apartments
- Dual Street Frontages with over 40m to Jefferson Lane & Gold Coast Highway
- Zoned Medium Density Residential with a 29m Height Allowance (CODE) with further potential for 50% uplift via Impact Assessment
- Currently improved with multiple dwellings (2x Houses, 6x 2 Bedroom Apartments) providing significant holding income
- Display suite built on L3 of existing apartment building ready for unit sales
- Renders, branding and sales collateral available
- Quick settlement available
- Feasible project ready to sell and build

Development Approval Summary:

- 1,649 m² site on Jefferson Lane
- 36x Apartments across 9 levels
- Product Mix: 4x 2 Bed, 32x 3 Bed + MPR
- Two basement levels of efficient carparking
- Ground floor amenities include unique spa style pool, sauna, BBQ, tropical retreat and surfboard storage
- Project has been value managed with efficient consideration of construction
- Design is based on successful "Cabana" project in Palm Beach
- Every 3-bed unit has Master Bedroom and Living room facing the ocean
QS cost plan available upon request

For more information, please contact the exclusive marketing agents Luke Reaby on 0417 888 4... and Antonio Mercuri on 0434 629 5...


Disclaimer: The website may have filtered the property into a price bracket for website functionality purposes. GV Property Group has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by GV Property Group toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately

Palm Beach, 4221 demographic data

The median household income for Palm Beach is $1,721, 14% higher than Regional Queensland's household income of $1,507. Palm Beach has a younger age profile compared to the rest of Regional Queensland (median age 39 vs 41). Property ownership data shows 52% of property owners in Palm Beach have a mortgage.

16,349
Population
$1,721 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
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Laurieton House, 1177, 1179 & 1181 Gold Coast Highway
Palm Beach, QLD 4221
GV Property Group - BURLEIGH HEADS
Level 1 1805 Gold Coast Highway
BURLEIGH HEADS, QLD 4220

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