23-25 Alexandra Avenue
Broadbeach, QLD 4218

Located in one of the Gold Coast's most sought-after coastal precincts, 23–25 Alexandra Avenue in Broadbeach offers a unique beachside development opportunity. This premium combined landholding spans approximately 1,032 square meters and benefits from a prominent triple street frontage to Alexandra Avenue, Surf Parade, and Mary Avenue. The site is conveniently situated just 250 meters from the beach, providing exceptional potential in the heart of Broadbeach.

The property is zoned for High Density Residential use with an HX building height designation, which means there is no prescribed height limit. This zoning supports a variety of medium to high-density development options, including apartments, mixed-use developments, and visitor accommodation, subject to council approval.

The site features approximately 51.6 meters of frontage to Alexandra Avenue and consists of two adjoining allotments across separate titles. It is improved by an existing two-level concrete and brick apartment complex containing four original two-bedroom apartments, alongside a duplex pair on a separate title. All dwellings are currently leased, generating a holding income of approximately $198,640 per annum. This provides both immediate income and flexibility for future redevelopment or land banking.

Situated in the vibrant heart of Broadbeach, the property is surrounded by world-class amenities including Pacific Fair Shopping Centre, The Star Gold Coast, the Gold Coast Convention and Exhibition Centre, Kurrawa Beach, Broadbeach State School, and a lively dining and retail precinct. The location also offers excellent connectivity to the G:link Light Rail, bus services, and major arterial roads.

Key Property Features:

• Rare combined beachside landholding of approximately 1,032 square meters
• High Density Residential zoning with HX designation allowing for unlimited building height
• Prominent triple street frontage to Alexandra Avenue, Surf Parade, and Mary Avenue
• Corner site configuration offering flexible access and site planning options
• Existing improvements include four original two-bedroom apartments and a duplex pair
• Fully leased with a holding income of approximately $198,640 per annum
• Potential for apartment, mixed-use, and visitor accommodation developments subject to council approval
• Located within Broadbeach's highly sought-after dining, retail, and entertainment precinct
• Only approximately 250 meters from the beach and close to Kurrawa Surf Club and parklands
• Excellent public transport connections including G:link Light Rail and bus services
• Close proximity to major attractions such as Pacific Fair Shopping Centre, The Star Gold Coast, and the Gold Coast Convention and Exhibition Centre

This property represents a rare opportunity to acquire a significant beachside landholding with substantial development upside in one of the Gold Coast's most desirable locations. Whether for redevelopment, investment, or land banking, this site offers exceptional potential in a tightly held precinct.

Prospective buyers should note that the property is being sold by Expressions of Interest, and as such, no price guide is provided. Interested parties are encouraged to conduct their own due diligence and inspections to fully appreciate the value and potential of this offering.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided, no warranty is given by the vendor or agent as to its accuracy. Interested parties should rely on their own enquiries and inspections.