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47 & 49 Sunrise Boulevard, Surfers Paradise QLD 4217

Waterfront High Density Development Site

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$4.5M - $4.75M Low Confidence Calculated based on limited search observations.

Land 1708 m²

Listed: 18 days ago

Updated: 9 hours ago

Overview

This rare land opportunity in the heart of Surfers Paradise presents significant potential for developers and investors ready to capitalize on its prime location and zoning advantages. The property consists of two adjoining blocks, with a combined land area of 1708 square meters, including 42 meters of water frontage and 30 meters of street frontage.

The main parcel, 47 Sunrise Boulevard, is a vacant 936-square-meter block with a pending development approval for a three-level duplex complex featuring a basement carpark. This offers an immediate pathway to development, though it can also serve as a blank canvas for alternative plans.

Situated on a tranquil inlet just off the Main River, the site enjoys full eastern skyline views, making it a prized location for residential development. Its proximity to Surfers Paradise's renowned beaches, dining, and cafe precincts adds considerable lifestyle appeal.

Neighbouring 49 Sunrise Boulevard, a 772-square-meter block, is also available, providing an excellent opportunity for developers seeking a larger footprint or enhanced project scale.

High-density residential RD5 zoning allows for substantial redevelopment possibilities.
Waterfront location with expansive views enhances the desirability and value potential.
Close proximity to key lifestyle and amenity hubs supports a vibrant community living.

The combination of ample land, strategic location, and existing development approvals makes this property ideal for astute developers aiming to deliver contemporary residential projects in a sought-after coastal setting.

While this listing does not include a specific price, reflecting its sale by auction or without a fixed price guide, the intrinsic qualities of the site make it a compelling investment proposition in Surfers Paradise.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Local Market Insights

In Gold Coast, Quiet Listings observed 35 new parcels of land entering the market over the last 30 days, up from 23 during the previous 30-day period, with an average advertised asking price of $3,085,143. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (23%), and townhouses (9%). The most active agency for land in the Gold Coast area is currently Amir Prestige Group, representing 37% of new listings, followed by Ray White with 14%. 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.