2547-2557 Gold Coast Highway_Property for Sale

2547-2557 Gold Coast Highway, Mermaid Beach, QLD, 4218, AU

2547-2557 Gold Coast Highway

Asset Description

JLL is pleased to exclusively present 2547-2557 Gold Coast Highway, Mermaid Beach - a substantial mixed use development site with quality existing retail improvements, located in one of Australia’s most sought-after locations.

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Attributes

Land area gross

3,302 m²

Media

Investment Highlights

Key features include:

3,302sqm* development site with three (3) street frontage totalling 159m*
Currently improved by six (6) specialty retail tenancies generating a secure holding income of $314,290 per annum.
Favourable underlying Mixed-Use zoning supporting development to twenty-four (24) metres as code assessable.
Protected, uninterrupted views towards the pristine Mermaid Beach coastline.
Strategically positioned in the middle of key lifestyle amenity - Pacific Fair Shopping Centre, Star Casino & Hotel, Hedges Avenue and future light rail stations (Broadbeach South and Mermaid Beach).
Situated in a region that is experiencing imminent population growth, this location holds the distinction of being Australia's top destination for international tourists.

2547-2557 Gold Coast Highway, Mermaid Beach is being offered For Sale via an Expressions of Interest Campaign closing Thursday, 8 August 2024 at 4:00pm (AEST).