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Lot 926 The Lanes Boulevard, Mermaid Waters QLD 4218

EOI

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$7M - $8M Medium Confidence Calculated based on our search observations.

Land 3163 m²

Listed: 11 days ago

Overview

This property presents a rare and significant development opportunity within the prestigious masterplanned community, The Lakes, situated in Mermaid Waters on the Gold Coast. The expansive 3,163 square meter cleared and level land parcel offers substantial space and flexibility for a range of development scenarios.

Positioned adjacent to The Lanes Retail Village, this site allows immediate access to a premium retail, dining, and lifestyle precinct. The location benefits from excellent connectivity to key Gold Coast destinations such as Broadbeach, Pacific Fair Shopping Centre, and The Star Gold Coast. The broader 42-hectare Lakes precinct has been thoughtfully designed to combine residential, commercial, retail, and leisure uses within an appealing landscaped waterfront environment, enhancing the lifestyle appeal and connectivity of the locality.

The existing development approval supports a five-storey building with a hospital use and four residential apartments, providing a solid foundation for medical or mixed-use projects. Additionally, there is potential to repurpose the site for various alternative uses including medical, commercial, residential, retirement, or aged care, subject to necessary approvals. This versatility makes the property well-suited to developers and investors aiming to capitalize on the strong demand for integrated community and healthcare facilities in a thriving, well-serviced precinct.

Overall, this lot offers a strategic landholding that combines development flexibility, a prime central Gold Coast location, and proximity to established lifestyle and amenity hubs. It is a compelling prospect for those seeking a prominent development site with strong future potential.

Local Market Insights

In Mermaid Waters, Quiet Listings observed 3 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $4,333,333. The property type mix of listed properties is predominantly Apartments at 44%, followed by houses (36%), and units (9%). The most active agency for land in the Mermaid Waters area is currently Amir Prestige Group, representing 67% of new listings, followed by Canford Estate Agents with 33%. 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.