BROADBEACH QLD - DA Approved Site for 146 Units - $18.5M - $5.5M Contracoin

Broadbeach - DA Approved Site for 146 Units - $18.5M - $5.5M Contracoin

A high-density development site with a prime corner position on the Gold Coast.

A prime development site on Queenslands Gold Coast a stones throw from world-class beaches and lifestyle is available to purchase today.

Location: 15 Rosewood Avenue, Broadbeach,

• 1235 Sqm Site
• High Density Residential Zoning RD8 (1 Bed/13 Sqm)
• Unlimited Building Height Limit
• Current Development Approval

Current Development Approval is for a 52 level high-rise building with 146 apartments, including restaurant and retail space and has approval for podium levels of above ground parking.

DA Aproval

The site has a development approvel to establish Multiple dwellings (146 Units), Food and drink outlet and Shop (Neighbourhood store) plus 1 retail shop (Ref: OTH/2021/21).

The currency period for this approval has been extended. This approval will now lapse six (6) years after the date of this decision notice, being 22 October 2027.



DEVELOPMENT OVERVIEW

• 52 storey multi-purpose development (tallest tower in Broadbeach, topping the The
Oracle Beach Tower),
• Designed by award winning architects SJB,
• Car parking is provided for 190 vehicles over four basement levels as well as a car
stacker up to the mezzanine level,
• A retail tenancy is located on the ground floor,
• 146 residential units on levels 1-8 and 11-49,
• Three exclusive whole floor penthouses,
• Recreation areas on level 10, including a gym, sauna, and infinity pool,
• Site access is via Gold Coast Highway and Rosewood Avenue.

This 52 Level, 146 Unit DA approved development site is available for $18.5M with the seller accepting $5.5M Contracoin. There is a valuation available for the property that substantiates the selling price.