This well-presented townhouse, located in a premium position just meters from Broadbeach's pristine beaches, is a golden opportunity for developers and investors alike. The 2034sqm site, with only 14 apartments in the complex, holds significant potential for future redevelopment, making it a prime strategic investment.
Here's why this property stands out:
? Redevelopment Potential: With a large land parcel of 2034sqm in one of the Gold Coast's most prestigious locations, this townhouse presents an exceptional opportunity for developers to create a mixed-use, high-density project or luxury residences. The proximity to Broadbeach's popular shopping, dining, and entertainment precinct only enhances its appeal to the market.
? High-Demand Area: Broadbeach is renowned for its prime beachfront position and world-class amenities. The demand for residential and commercial developments in this area is consistently high, driven by the area's popularity with tourists and residents. This makes the site ripe for transformation into a modern, luxury development with strong rental yields or capital gains in the years ahead.
? Investment Opportunity: The property is tenanted until May 2025, generating a stable income of $570 per week. This provides an immediate return on investment while you plan for future redevelopment.
? Future-Proof Location: Broadbeach's constant growth in both tourism and residential populations means that developments here continue to appreciate in value. The opportunity to secure a property in such a coveted location, with clear potential for future redevelopment, is rare.
Whether you're looking to enhance the existing structure, capitalize on the redevelopment potential, or simply hold onto a long-term investment in one of the most vibrant parts of the Gold Coast, this townhouse offers unparalleled potential for future profits.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 1 | 1 | -m2 | Year 2024 Month 11 Day 13 | - | Council approved | |
 | 0.03 km | 1 | 1 | -m2 | Year 2024 Month 11 Day 03 | $500,000 | Council approved | |
 | 0.03 km | 1 | 1 | 64m2 | Year 2024 Month 07 Day 30 | $536,000 | Council approved | |
 | 0.07 km | 2 | 1 | 105m2 | Year 2024 Month 07 Day 10 | $980,000 | Council approved | |
 | 0.07 km | 3 | 2 | -m2 | Year 2024 Month 07 Day 03 | - | Council approved |