Issue 51 | The Property Development Review

Property Listings – QLD

3,494m 2 BEACHFRONT DEVELOPMENT OPPORTUNITY

Canford Estate Agents are delighted to bring this iconic beachfront development site to the open market for the first time via an expressions of interest campaign. The current development approval allows for a 89-storey building with a total of 479 dwellings (863 Beds), 6 levels of basement parking, and 3 pools on 3 separate recreation levels. The tower base provides a mix of retail, commercial, hotel and unique restaurant offerings.

FEATURES: - 77m* beach frontage in the heart of the Surfers Paradise (*Approx) - Unlimited building height - 3 Street frontages - Centre Zoning - Beachfront location

SIGNIFICANT SUB-TERRANEAN WORKS INCLUDE: - Basement Diaphragm Wall to 46m - Barrette Foundations to 59.5m - Bored Piles to 40.5m

The property is being sold by acquisition of the shares and units in the land-owning entity which is a special purpose Corporate Trustee and Unit Trust.

For further information please contact: Roland Evans, Managing Director- Canford M: +61 433 335 507

The property is offered For Sale by Expressions of Interest closing 4:00pm, Thursday 30th May 2024.

74 – April / May 2024

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