47 Rankin Parade
Main Beach, QLD 4217

Overview

ENTIRE BLOCK OF 3 FLATS - BROADWATER VIEWS - LUXURY HOMER EDEVELOPMENT SITE

Discover the exceptional potential of this prime land parcel at 47 Rankin Parade, Main Beach, a rare and highly sought-after opportunity for astute investors and developers in one of the Gold Coast's most tightly held coastal suburbs.

This 405 square meter level block is positioned in the heart of Main Beach overlooking the glorious Broadwater, located less than 400 meters from patrolled beaches and just 100 meters from the vibrant Tedder Avenue precinct. The site currently houses an original brick apartment complex comprising three well-maintained dwellings: one two/three-bedroom apartment and two one-bedroom apartments, all with ample parking.

Offering immediate holding income from existing tenancies, the property also presents outstanding redevelopment prospects. With a desirable Broadwater aspect and surrounded by premium residential homes, the site is ideally suited for a future residential development offering amazing Broadwater views.

Its blue-chip location moments from the beach, Broadwater, and marina also makes it highly appealing as a land banking opportunity, with strong potential for long-term capital growth in a suburb undergoing significant regeneration.

The highlights of this property include:

• Original apartment block on a 405 square meter level site with significant redevelopment potential
• Broadwater aspect in a highly sought-after location
• Less than 400 meters to patrolled beaches and 100 meters to Tedder Avenue restaurants, cafés, and retail
• Excellent land bank opportunity with scope for a residential project
• Apartments feature open-plan kitchen, living and dining areas, patios or balconies, bathrooms, laundry facilities, and car parking
• Prime Main Beach location surrounded by the beach, Broadwater, and Main River
• Short stroll to the luxury Marina Mirage precinct, currently undergoing a $500 million upgrade approximately 1 kilometer away
• Close proximity to Southport Yacht Club and other exclusive lifestyle amenities

An auction is scheduled for Saturday 9th May 2026 at 9am, held as an Alfresco Auction at 23 Tedder Avenue, Main Beach.

Disclaimer: The information provided has been prepared with best endeavours to ensure accuracy; however, no responsibility is accepted for any errors or omissions. Prospective purchasers should conduct their own inquiries to verify all details.

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

Location