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Overview
This unique duplex opportunity at 1902 Gold Coast Highway offers an exceptional coastal landholding in coveted Burleigh Heads, one of Gold Coast's most tightly held beachside precincts. Positioned on a single title, the property covers a 539 square metre site with Medium Density zoning and features a 13.45 metre frontage along the highway.
The existing improvements include two duplex residences combined to provide four bedrooms, two bathrooms, and two dedicated car spaces. Additionally, there are four extra off-street car parks, enhancing the property's value and securing strong holding income estimated at $75,400 per annum.
Strategically located just 100 metres from the Christine Avenue Light Rail Station and around 180 metres from Burleigh Beach, the property benefits from excellent connectivity and access to established amenities. Burleigh Heads remains in high demand due to its beachside lifestyle, infrastructure investment, and attractive coastal environment.
The site allows for medium-density redevelopment with a three-storey height limit of 15 metres, and precedents in the neighborhood suggest the possibility of a 50% height uplift up to 22.5 metres, subject to council approval. This presents a compelling development upside for investors or developers seeking to enhance value in this prime location.
Available upon request are detailed planning summaries and architectural schemes for a potential development of four townhouses, illustrating the property's versatility and growth potential within an attractive residential market.
This offering will appeal to investors looking for immediate rental income combined with significant redevelopment potential, as well as developers aiming to capitalize on the Gold Coast's evolving beachside property market. The combination of location, zoning flexibility, and holding income makes this a rare opportunity in Burleigh Heads.
Local Market Insights
In Burleigh Heads, Quiet Listings observed 4 new duplexes entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $1,372,250. The property type mix of listed properties is predominantly Houses at 42%, followed by apartments (27%), and units (10%). The most active agency for duplexes in the Burleigh Heads area is currently Ray White, representing 50% of new listings, followed by PRD Nationwide with 25%. 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
Market Insights for Burleigh Heads QLD 4220
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