FOR SALE
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2709 Gold Coast Highway
Broadbeach QLD 4218

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Land area: 3722m2
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Iconic Beachside Development Opportunity: Central on Broadbeach Unveils DA Approved Masterpiece

Oktay Vali, representing the commercial division of GC Prestige, is thrilled to introduce to the market 'Central on Broadbeach', situated at the prime location of 2709-2723 Gold Coast Highway, Broadbeach. This development opportunity comes with DA approval and is nestled in an unparalleled beachside location.
'Central on Broadbeach' stands at the heart of Gold Coast's most sought-after area for both residential and short-term accommodations, making it a pinnacle of development opportunities in South East Queensland.
The site currently generates a substantial holding income and encompasses a unique amalgamation of ten freehold allotments, including a volumetric title, presenting a singular opportunity for developers and international hotel operators. Its enviable position in Broadbeach, coupled with proximity to major attractions and facilities, underscores its unmatched appeal:
- A stone's throw from the Gold Coast Convention Centre, with proposed extensions and upgrades (200m*).
- Merely 50m* from the Gold Coast Light Rail - Broadbeach Station.
- Close to The Star Casino, Pacific Fair Shopping Centre, The Oasis Shopping Centre, and Broadbeach's patrolled beaches.
Site Highlights:
- Freehold land spanning 3,722sqm*.
- Volumetric title encompassing 53,260m3 beneath the Gold Coast Highway Reserve, facilitating four levels of efficient basement parking.
- A total site surface area of 6,438sqm along the Gold Coast Highway.
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Property Details for 2709 Gold Coast Hwy, Broadbeach

Building Type
Commercial
Land Size
3722m2

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About Broadbeach 4218

The size of Broadbeach is approximately 1.5 square kilometres. It has 6 parks covering nearly 27.2% of total area. The population of Broadbeach in 2011 was 4,613 people. By 2016 the population was 5,513 showing a population growth of 19.5% in the area during that time. The predominant age group in Broadbeach is 20-29 years. Households in Broadbeach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadbeach work in a professional occupation. In 2011, 40.2% of the homes in Broadbeach were owner-occupied compared with 40.6% in 2016.

Broadbeach has 8,862 properties. Over the last 5 years, Houses in Broadbeach have seen a 92.32% increase in median value, while Units have seen a 91.10% increase. As at 31 October 2024:

  • The median value for Houses in Broadbeach is $1,614,331 while the median value for Units is $1,059,793.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 148 properties listed for sale, and 24 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 516 properties were sold in the past 12 months in Broadbeach.

Suburb Insights for Broadbeach 4218

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Oktay Vali
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GC Prestige Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.