Overview
This substantial beachfront land offering embodies a prime development opportunity along the pristine Gold Coast Broadwater in Runaway Bay. Spanning approximately 3,905 square meters of medium residential zoned land and featuring an impressive 179 meters of direct sandy beachfront, the assemblage comprises multiple lots along Poinsettia Avenue, including properties with existing houses and vacant land parcels.
- Plots vary in size from 559m² to 1,062m², each benefitting from generous waterfront frontage ranging from approximately 20 to 82 meters, affording enviable views and direct access to the water.
- The zoning supports medium residential uses, making the site suitable for apartments, homes, or villa-style developments, catering to developers seeking a coastal lifestyle precinct.
- The holding also features some lots with existing dwellings currently generating rental income, presenting potential interim returns during the development phase.
- Boating enthusiasts will appreciate the deepwater mooring and direct ocean access, with certain lots equipped with jetty or pontoon facilities, facilitating a seamless aquatic lifestyle.
- The properties enjoy a wide cul-de-sac setting, contributing to privacy and reduced traffic, while being conveniently located within proximity to the Runaway Bay Marina, Paradise Point Village, schools, shopping amenities, sports centres, and public transport.
- Access to the motorway is straightforward and achievable within approximately 15 minutes, enhancing connectivity to the broader Gold Coast region and Brisbane beyond.
Overall, this offering represents a rare opportunity for developers, investors, or coastal living advocates to secure significant waterfront land in a sought-after location, combining lifestyle appeal with robust development potential. Buyers are advised to verify all information as details have not been independently confirmed.
Local Market Insights
In Runaway Bay, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $3,675,000. The property type mix of listed properties is predominantly Houses at 40%, followed by apartments (20%), and units (11%). The only agency with for land listings currently monitored in the Runaway Bay area is Amir Prestige Group. 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.