1,340sqm DA Approved Conner Site - Southport PDA - Gold Coast

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30 Lawson Street, Southport QLD 4215

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$3.25M - $3.5M Medium Confidence Calculated based on our search observations.

Land 1340 m²

Listed: 56 days ago

Updated: 5 hours ago

Overview

This exceptional land parcel presents a rare, DA-approved development opportunity in the heart of Southport's dynamic Priority Development Area (PDA). Positioned on a high-exposure 1,340-square-metre corner site, its strategic location offers unparalleled accessibility and visibility, ideal for developers aiming to capitalize on the ongoing urban regeneration of the Gold Coast.

Currently operating as a going concern, the property enjoys net holding income from a short-term lease to a parking operator, adding immediate value while future plans are brought to fruition. The site is development-approved for a landmark 31-storey tower comprising 157 diverse residential units, thoughtfully designed to accommodate both multi-dwelling living and short-term accommodation demands. The inclusion of 173 onsite parking spaces reflects a comprehensive approach to resident and visitor convenience.

Beyond the standalone potential of the land, its placement within the Southport PDA streamlines the development process and allows a flexible spectrum of uses to suit varying investor and community needs. This flexibility, combined with the solid development framework, presents a compelling proposition for informed purchasers.

The surrounding precinct is one of the city's fastest transforming hubs, enriched by nearby infrastructure such as the Light Rail network, prominent educational institutions including Griffith University and TAFE, and key healthcare facilities like the Gold Coast University Hospital. Cultural and recreational amenities, from Australia Fair to the Broadwater Parklands, enhance lifestyle desirability. Additionally, the prospective Gold Coast Arena envisioned for the 2032 Olympic Games signals further growth and long-term value uplift potential.

In summary, this land offering caters to visionary developers and investors seeking a premier address within a thriving economic landscape. Its approved status, combined with a robust local economy and fast-growing population, positions it as a significant opportunity within the Gold Coast’s evolving urban fabric.

Local Market Insights

In Gold Coast, Quiet Listings observed 35 new parcels of land entering the market over the last 30 days, up from 19 during the previous 30-day period, with an average advertised asking price of $2,874,971. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (22%), and townhouses (8%). The most active agency for land in the Gold Coast area is currently Amir Prestige Group, representing 34% of new listings, followed by Ray White with 23%. 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.