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Overview
Located in a prime and highly sought area of Biggera Waters, this House at 24 Hollywell Road offers an exceptional opportunity combining immediate residential use and long-term investment or development potential. The property sits on a well-positioned block with a substantial 23 meter frontage under Residential B zoning, signifying medium-density residential use, which opens avenues for townhouse development pending council approval.
The existing home provides three generously sized bedrooms, perfect for families or tenants, complemented by two beautifully renovated bathrooms featuring premium fixtures. Multiple indoor and outdoor living areas enhance the home's functionality, accommodating flexible lifestyle needs whether for relaxation, socializing, or adaptable living configurations.
The kitchen is well-appointed with ample storage and workspaces, supporting practical meal preparation and household management. An additional multi-purpose utility space offers versatility for various uses, catering to changing needs or hobbies.
- Comfort is maintained year-round with split system air-conditioning and ceiling fans.
- The property boasts secure accommodation for up to four cars, providing valuable space not only for vehicles but also boats, trailers, or additional equipment storage.
- The wide frontage and zoning underscore the property’s redevelopment potential, attractive to investors and developers looking to capitalize on the medium density opportunity within a tightly held precinct.
Positioned near key amenities including the Broadwater, local parks, shopping centers, and major transport links, residents benefit from a strong community infrastructure. The location offers a balanced lifestyle with opportunities for outdoor recreation such as boating, fishing, and cycling, and easy access to prominent Gold Coast suburbs.
This property notably appeals to investors and developers targeting a value-packed site for future growth, families desiring a spacious and flexible home, or those interested in securing a strategic foothold in a coastal suburb with enduring appeal and strong rental demand.
Local Market Insights
In Biggera Waters, Quiet Listings observed 54 new houses entering the market over the last 30 days, down from 61 during the previous 30-day period, with an average advertised asking price of $3,958,852. The property type mix of listed properties is predominantly Houses at 49%, followed by apartments (13%), and units (12%). The most active agency for houses in the Biggera Waters area is currently Ivy Realty, representing 57% 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.
Change History
| Headline | When |
|---|---|
| DEVELOPMENT OPPORTUNITY - JUST LISTED | |
| Just Listed |