Townhouse Opportunity - Broadbeach
This townhouse is situated just meters from the pristine beaches of Broadbeach, represents a golden opportunity for developers and investors alike. The property spans a substantial 2034sqm site and is part of a small complex with only 14 apartments, indicating significant potential for future redevelopment.
Key Highlights:
Redevelopment Potential: With a generous land parcel of 2034sqm in one of the Gold Coast's most prestigious locations, this townhouse offers an exceptional opportunity for developers to create a mixed-use, high-density project or luxury residences. Its proximity to Broadbeach's vibrant shopping, dining, and entertainment precinct further enhances its market appeal.
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 remains consistently high, fueled by the popularity of the region among both tourists and residents. This site is well-positioned for transformation into a modern, luxury development with strong rental yields and significant capital gains in the future.
Investment Opportunity:
The property is currently tenanted until May 2025, generating a stable income of $570 per week. This ensures an immediate return on investment while waiting for future redevelopment.
Future-Proof Location:
With ongoing growth in both tourism and residential populations, properties in Broadbeach continue to appreciate in value. Securing a property in such a coveted location, with clear potential for future redevelopment, is a rare and appealing opportunity.
Whether you aim to enhance the existing structure, capitalize on the redevelopment potential, or simply retain a long-term investment in one of the Gold Coast's most vibrant areas, this townhouse provides unparalleled potential for future profits.
Property Information
? Currently tenanted until 09/05/25 - returning $570 per week
? Body corporate fees are approximately $61.00 per week
? Land size 2,064sqm
? Only 14 units on the site
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 1 | 1 | -m2 | 2024 12 25 | $490,000 | Council approved | |
 | 0.09 km | 1 | 1 | -m2 | 2024 11 13 | - | Council approved | |
 | 0.03 km | 1 | 1 | -m2 | 2024 11 03 | $500,000 | Council approved | |
 | 0.09 km | 2 | 1 | 137m2 | 2024 09 02 | $1,550,000 | Council approved | |
| 0.09 km | 2 | 1 | 137m2 | 2024 08 29 | - | Council approved |