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Overview
Located in the prestigious coastal precinct of Main Beach, 3 Pacific Street, known as 'Trigara Lodge', presents a significant development opportunity within a tightly held Gold Coast suburb. The property comprises a collective of eight existing two and three-bedroom units housed within a three-level building on a sizeable 1,012 square meter site.
This land site benefits from a High-Density Residential (RD8) zoning complemented by an HX overlay, allowing for unlimited building height to support transformative redevelopment projects. Positioned for future growth, the parcel offers elevated east corridor views of the ocean, enhancing the appeal for prospective developers and investors.
The location is notably strategic: a mere 150 meters from the beachfront and approximately 450 meters from the vibrant Tedder Avenue retail and dining precinct, it is also within convenient walking distance to the G:link Light Rail. This connectivity facilitates an attractive lifestyle choice and supports high-density residential development plans aligned with urban growth strategies.
Surrounded by an ongoing pipeline of investment that is reshaping the Main Beach peninsula, the site stands as an attractive proposition for land banking or immediate redevelopment. The offering is a collective sale of all eight lots in one line, ensuring a unified approach to development that preserves strategic value.
- Sizeable 1,012 sqm site, providing ample space for redevelopment.
- High-Density Residential zoning with unlimited height overlay fosters flexible build options.
- Collective sale of all eight lots, ensuring consolidated landholding.
- Elevated east corridor offering picturesque ocean views, augmenting future project allure.
- Prime proximity to Main Beach amenities including Tedder Avenue and public transport options.
- Located amidst a significant investment pipeline, indicative of continued area development.
This property is particularly suitable for developers and investors seeking a strategic entry into the Gold Coast's Main Beach precinct with strong potential for high-density residential projects. The combination of location, size, zoning, and views creates a rare opportunity to contribute to and benefit from the ongoing transformation of this sought-after beachside community.
Local Market Insights
In Main Beach, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, down from 3 during the previous 30-day period, with an average advertised asking price of $12,625,000. The property type mix of listed properties is predominantly Apartments at 58%, followed by units (15%), and houses (15%). Ray White was the most active agency in this area, representing 74.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Main Beach QLD 4217
Market Insights for Main Beach QLD 4217
Other properties in this postcode
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