FOR SALE
Expressions of Interest Closing 30th Jan

18 & 20 T E Peters Drive
Broadbeach Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 9
Floor area: 280m2
Land area: 1060m2
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Rare Dual-Block Development Opportunity in Broadbeach Waters

This is your chance to secure over 1060sqm of prime land in one of the Gold Coast's most sought-after suburbs. This unique dual-lot property offers incredible flexibility and unparalleled potential for future value, whether you're looking to develop as a residential site, a commercial venture, or a blend of both.
Situated on a high-profile corner block, the site is zoned low-density residential, offering the ideal canvas for creative and ambitious projects. Its location adjacent to a thriving neighbourhood hub and small commercial centre, combined with its proximity to the light rail and Star Casino (800m) and in the heart of Broadbeach Waters, makes it perfectly positioned. Whether you're dreaming of a luxury residential project, a boutique commercial venture, or an innovative mixed-use design, this site presents unparalleled opportunities for developers, builders, and investors.
Currently, the property comprises:
One lot with medical approval for a dentist: A ready-made opportunity for healthcare or commercial use.
A residential duplex on the adjacent lot: Offering immediate rental income or redevelopment potential.
The location speaks for itself�surrounded by Broadbeach Waters' vibrant community, moments from world-class dining and beaches, and with easy access to major highways, transport routes and key destinations. This is an exceptional chance to secure a site with the versatility to deliver on your vision and create lasting value. Whether you're considering a luxury duplex, boutique retirement living, or a mixed-use project, this property offers the flexibility to bring your vision to life in a market that is highly sought after but undersupplied.
Site Highlights:
- 1060sqm corner block
- Dual lot amalgamation
- Medical approval in place
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Property Details for 18 & 20 T E Peters Dr, Broadbeach Waters

18 & 20 T E Peters Dr, Broadbeach Waters is a 4 bedroom, 2 bathroom DuplexSemi-detached with 9 parking spaces. The property has a land size of 1060m2 and floor size of 280m2. The place is currently for sale with LJ Hooker Commercial Palm Beach | Coolangatta | Tweed.

Building Type
DuplexSemi-detached
Floor Size
280m2
Land Size
1060m2

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About Broadbeach Waters 4218

The size of Broadbeach Waters is approximately 5.3 square kilometres. It has 7 parks covering nearly 5.9% of total area. The population of Broadbeach Waters in 2011 was 7,534 people. By 2016 the population was 7,783 showing a population growth of 3.3% in the area during that time. The predominant age group in Broadbeach Waters is 40-49 years. Households in Broadbeach Waters are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broadbeach Waters work in a professional occupation. In 2011, 73.5% of the homes in Broadbeach Waters were owner-occupied compared with 72.3% in 2016.

Broadbeach Waters has 4,029 properties. Over the last 5 years, Houses in Broadbeach Waters have seen a 101.00% increase in median value, while Units have seen a 84.05% increase. As at 30 November 2024:

  • The median value for Houses in Broadbeach Waters is $2,237,026 while the median value for Units is $938,226.
  • Houses have a median rent of $1,250 while Units have a median rent of $700.
There are currently 35 properties listed for sale, and 9 properties listed for rent in Broadbeach waters on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Broadbeach waters.

Suburb Insights for Broadbeach Waters 4218

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Contact agent
Marlena Grives
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LJ Hooker Commercial Palm Beach | Coolangatta | Tweed
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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.