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45 Peak Avenue, Main Beach QLD 4217

$4,300,000

Search Band Search Visibility Band

$4M - $4.4M High Confidence Calculated based on strong search observations.

House 3 Beds 2 Baths 2 Cars 508 m²

Listed: 58 days ago

Updated: 20 days ago

Overview

This rare property in the prestigious Main Beach offers a unique combination of location and potential, perfectly suited for those seeking to create luxury or secure a valuable investment. Situated just 150 meters from the vibrant Tedder Avenue's shopping and dining options and a short 600-meter stroll to the pristine Main Beach shoreline, this level 508 square meter site benefits from a substantial 14.9-meter frontage on a quiet, one-way street, ensuring minimal traffic and a peaceful setting.

The current offering includes a classic two-story brick residence featuring three bedrooms, two bathrooms, and dual living zones spread over two levels. An office with private access adds functional flexibility, while the spacious backyard and covered patio provide secure outdoor living areas. With air conditioning, ceiling fans, and balconies offering views over the Main Beach skyline, the home balances comfort with lifestyle appeal.

Investors or developers will appreciate the multiple options available: choose to demolish and rebuild a tailored dream home, develop a luxury duplex up to three stories (subject to council approval), or retain the home as a high-yield rental asset with an approximate weekly return of $1,000. This versatility makes the property attractive to downsizers seeking a premium location, professionals desiring proximity to quality schools and transport, and investors looking for prime landbank opportunities.

Prime beachside address with proximity to established lifestyle and dining precincts.
Substantial level block with wide frontage fostering diverse redevelopment options.
Existing comfortable residence with adaptable living spaces and secure outdoor area.
Potential for significant capital growth through redevelopment or landbanking.
Close to natural attractions and efficient transport links enhancing everyday convenience.

The location's exclusivity is further enhanced by nearby natural spaces such as Macintosh Island Park and easy access to the G-Link Light Rail, connecting residents to Broadbeach, Burleigh, and beyond. Established and exclusive schools in the vicinity offer added appeal for families or professionals. Overall, this property combines long-term scope with immediate lifestyle benefits in a highly sought-after enclave.

Local Market Insights

In Main Beach, Quiet Listings observed 48 new houses entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $3,604,479. The property type mix of listed properties is predominantly Apartments at 65%, followed by houses (24%), and units (4%). The most active agency for houses in the Main Beach area is currently Amir Prestige Group, representing 44% of new listings, followed by Ray White with 15%. 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.