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Overview
Situated on a prominent waterfront corner at the intersection of Bundall Road and Pisa Court, this substantial property offers a rare and flexible opportunity within Surfers Paradise’s sought-after medium density residential zone. The 589 square metre site lends itself to a variety of potential uses including land banking, residential living, home-based business, or redevelopment (all subject to council approval, STCA), appealing to investors, developers, and owner-occupiers.
Currently featuring a large residence with seven bedrooms and two bathrooms, the home is well-equipped for sizeable family living or accommodating multiple tenants. Highlights include a modern kitchen fitted with stone benchtops and quality appliances, open plan living and dining spaces, and full air-conditioning throughout, ensuring comfort in all seasons. The property offers considerable parking with four covered spaces plus additional uncovered parking, accessible via two driveways, alongside extra rear storage. These existing features provide immediate usability while enabling diverse long-term planning.
Further enhancing the value proposition, detailed concept architectural plans have been prepared, projecting a contemporary mixed-use development. This design envisions a basement parking area with six secure car parks, a commercial office and reception space at ground level of approximately 154 square metres, and two spacious four-bedroom residential apartments of about 163 square metres each on the upper levels. These preliminary plans outline the site’s exciting development potential and strategic location advantage.
This distinctive waterfront site with flexible zoning offers extensive investment and development scope in a location primed for future growth. Whether the vision is for enhanced residential accommodation, commercial use, or a mixed-use development, this property provides a solid foundation to capitalize on Surfers Paradise’s dynamic market. The property is being sold by auction, underscoring the unique opportunity it represents in this competitive precinct.
Local Market Insights
In Surfers Paradise, Quiet Listings observed 18 new houses entering the market over the last 30 days, down from 27 during the previous 30-day period, with an average advertised asking price of $3,803,889. 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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Surfers Paradise QLD 4217
Market Insights for Surfers Paradise QLD 4217
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
