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DEVELOPMENT APPROVED SITE - 23 BLUE CHIP SKY HOMES

Development Opportunity at 14 First Avenue, Broadbeach

Broadbeach is one of Queensland's most desirable and rapidly expanding suburbs. Its close proximity to the beach, vibrant entertainment precincts, and world-class shopping centres makes it a highly sought-after location for both residents and tourists.
With ongoing infrastructure upgrades, a rising population, and increasing interest in urban lifestyle developments, the demand for quality apartments and high-rise buildings is consistently high.
Developing in this area ensures access to a stable and lucrative market.

Key Features:
• Approval: DA for 23 blue chip residential apartments
• Zoning: HX - Unlimited Height
• Site Area: 678m²

This exceptional development site in Queensland's most desirable coastal suburb offers a rare opportunity. Covering approximately 678 sqm, the site benefits from High-Residential (HDR) zoning and unrestricted high limit approval for a 28-storey, 23-unit residential complex one apartment per floor.

Holding Income:
Eight units currently generate income:
• 4 one-bedroom units
• 3 two-bedroom units
• 1 three-bedroom unit

Unmatched Location:
• Just 200 meters from the beach, this established, high-demand precinct is thriving with ongoing population growth, making it ideal for luxury high-rise living.

Strong Market Demand:
• Broadbeach continues to grow thanks to infrastructure upgrades, a rising population, and its reputation as a premier lifestyle destination.

Development Approval in Place:
• The current DA provides a clear, streamlined pathway for development, significantly reducing wait times and costs.

Future Growth & Upside:
• Positioned for long-term appreciation, the site is poised to benefit from ongoing demand for premium coastal apartments.

Location Highlights:
• 200m to the beach
• 350m to Broadbeach Bowls Club
• 1.3 km to Broadbeach Mall
• 1.7 km to The Star Casino
• 1.8 km to Pacific Fair Shopping Centre
• 3.3 km to Surfers Paradise
• 33 km to Gold Coast Airport

This is a unique opportunity for developers and investors looking to capitalize on the strong growth of the Gold Coast. For further details or to explore this site, please contact us today.