1409 & 1411 Gold Coast Highway,
Palm Beach, QLD 4221
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Extraordinary Development Opportunity On Palm Beach Doorstep
This is an extraordinary and rare opportunity to secure a large 1,237m2 beachside Hi-rise development site on only two titles with an impressive 30m frontage.
Both Buildings were constructed in the '70s. The existing improvements include 7 units - 5x2 BDR and 2x3 BDR. ( *Estimated Gross Annual Income - $244,000.00 PA)
This superb development opportunity is within 50 metres to renowned surf breaks, Palm Beach is regarded as one of the most beautiful and cleanest beaches in Australia.
The booming CBD is approx. 500 metres away, offering casual and 5-star cafes, restaurants, bars and clubs, speciality and nationally branded boutiques and shops, plus Professional Businesses and Banks.
Current Zoning:
• Medium Density Residential
• 29m Height Limit (code) 43.5m (Impact)
• 9 Storey (code) 14 Storey (Impact)
Sales Process:
EXPRESSION OF INTEREST CLOSING 18TH NOVEMBER 2021 @ 4:00PM
Both Buildings were constructed in the '70s. The existing improvements include 7 units - 5x2 BDR and 2x3 BDR. ( *Estimated Gross Annual Income - $244,000.00 PA)
This superb development opportunity is within 50 metres to renowned surf breaks, Palm Beach is regarded as one of the most beautiful and cleanest beaches in Australia.
The booming CBD is approx. 500 metres away, offering casual and 5-star cafes, restaurants, bars and clubs, speciality and nationally branded boutiques and shops, plus Professional Businesses and Banks.
Current Zoning:
• Medium Density Residential
• 29m Height Limit (code) 43.5m (Impact)
• 9 Storey (code) 14 Storey (Impact)
Sales Process:
EXPRESSION OF INTEREST CLOSING 18TH NOVEMBER 2021 @ 4:00PM
Property ID: 503932882Last Updated: 20 Dec 2023
07 5576 55...
1409 & 1411 Gold Coast Highway
Palm Beach, QLD 4221
LJ Hooker Commercial Southern Gold Coast1/18 Park Avenue
BURLEIGH HEADS, QLD 4220
BURLEIGH HEADS, QLD 4220
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