A major 1.13ha Mermaid Beach site Seaview Avenue for sale with potential for multiple residential towers. CBRE Gold Coast Managing Director Mark Witheriff and Colliers Residential Director Brendan Hogan have been appointed as joint agents.
A major 1.13ha Mermaid Beach site Seaview Avenue for sale with potential for multiple residential towers. CBRE Gold Coast Managing Director Mark Witheriff and Colliers Residential Director Brendan Hogan have been appointed as joint agents.
The circa 1.13ha Seaview Avenue property has concept plans for a staged, mixed use lifestyle precinct comprising 735 apartments across four towers, subject to the relevant planning approvals.
CBRE and Colliers have been jointly appointed to steer the sale campaign.
CBRE’s Gold Coast Managing Director Mark Witheriff said the vision for the site was commensurate with the James Street and Gasworks precincts in Brisbane, supported by heightened demand from people to live, eat, work, and play within their own neighbourhoods.
“The site is prominently located at the entrance to the landmark Pacific Fair Shopping Centre and benefits from three street frontages and flexible planning provisions,” Mr Witheriff said.
“Given the scarcity of land available in Mermaid Beach, the sale presents developers with a significant opportunity to create a destination precinct in one of the Gold Coast’s premium suburbs.” he said.
Colliers Residential Director Brendan Hogan added, “Sites of this scale with wide-ranging potential are increasingly rare and we expect the property will be highly sought after by residential and commercial developers.”
The property is situated within a one-kilometre radius of the five major lifestyle and transport facilities within Broadbeach: The Star Casino, Pacific Fair Shopping Centre, The Oasis Shopping Centre, Gold Coast Convention Centre, and Broadbeach South G-Link Station.
It is conveniently located on the corner of Seaview Avenue and the Gold Coast Highway.
Expressions of Interest will close on Wednesday 1 September 2021.
To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.