Overview

This property presents a unique opportunity to acquire a boutique development site located in one of the Gold Coast's most desirable coastal suburbs. Positioned prominently at the intersection of Sarawak Avenue and Tahiti Avenue, this site benefits from excellent visibility and accessibility, making it an attractive option for future development.

The property has received approval for a purpose-built childcare center that can accommodate up to 76 children. This facility is designed with ample outdoor play areas, lift access, and secure basement parking for 19 vehicles, making it an ideal investment for those looking to establish a high-quality early education center in a rapidly expanding community.

In addition to its current approval, the site is zoned for Medium Density Residential use, allowing for various development possibilities, including boutique townhouses (subject to council approval). This flexibility provides developers with the opportunity to meet the growing demand for premium residential living in the Palm Beach area.

Key features of the property include:

• Total land area of 809 square meters
• Development approval for a two-level childcare center
• Capacity for 76 children across five learning rooms with integrated outdoor play areas
• Gross Floor Area of 506.1 square meters with a site cover of 64%
• 19 secure basement car spaces
• Zoned for Medium Density Residential under the Gold Coast City Plan
• Corner site with a total street frontage of 60 meters
• Located directly opposite Palm Beach Currumbin State High School, Aquatic Centre, and Sports Club
• Within walking distance to beaches, cafes, shopping centers, and major transport routes

This property is being sold by auction or without a price, and therefore a price guide cannot be provided. All interested parties are encouraged to conduct their own due diligence.

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent regarding their accuracy. All measurements, distances, and sizes are approximate and should be verified by interested parties.

Location