Less than 150 metres to the sands of Kirra Beach, and only 50 metres to Kirra Village restaurant, cafe & shopping precinct this ultra-rare offering presents an unmatched opportunity to acquire 1012m2 of prime beachside development land. This prime parcel comprises an existing complex of 8 apartments generating lucrative annual income returns. Offering exciting scope for developers to re-develop (STCA) or investors to improve and landbank , this is a rare and an unrivalled opportunity in one of the Southern Gold Coast's most in-demand locales.
1,012m2 of exclusive beachside land just a 2 minute stroll to Kirra Beach
Metres to Musgrave Street's vibrant array of shops, cafes and restaurants
Existing complex of 8 apartments (7 x 2 bedroom, 1 x 3 bedroom)
Current gross rental income approx. $210,000 p/a with scope to improve
Prime development opportunity to re-develop.
Code assessable maximum building height of 29 metres STCA
Impact assessable potential to increase height STCA
Attractive offering for investors to landbank and receive rental income
There is high demand for new apartments in Kirra and the Southern GC
Capitalise on the exploding popularity of the area as an investment hotspot
Minutes to iconic surfing breaks, SC University and the GC Airport
