FOR SALE
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3 Dixon Street
Coolangatta QLD 4225

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2746m2
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IT'S BACK! POSITIONED ONLY 150M FROM THE WORLD-FAMOUS GREENMOUNT BEACH, THIS SITE HAS A NON-REPEATABLE HEIGHT LIMIT AND WILL NEVER BE SEEN AGAIN!

DEVELOPERS, BUILDERS, INVESTORS & LAND BANKERS YOU DON'T WANT TO MISS THIS HIGHLY SOUGHT-AFTER ONCE IN A GENERATIONAL LAND OFFERING!
Sheldon Paris of Raine & Horne Elite is proud to exclusively introduce to the market Lot 3 Dixon Street, Coolangatta ("Mahalo").
Mahalo, in the heart of Coolangatta, is an elevated block spanning a substantial 2,746sqm This blue-chip land lot with a DA approval presents a never to be repeated height limit of 18 stories with 68 apartments and a commercial area on the ground level in a prominent position with ocean views of one the best surf breaks & beaches in the world.
Located in one of the most sought after coveted and very tightly held Gold Coast precinct Coolangatta, and being only 150m to the world-famous Greenmount Beach, this sensational parcel of land won't last long.
Property Highlights:
• Architecturally designed DA approved with a never to be repeated height limit of 18 stories*
• Approved for 68* apartments with a commercial area on the ground level
• Monumental, elevated block spanning 2,746sqm*
• Prominent position with uninterrupted ocean views of world-famous Greenmount beach
Gold Coast Bulletin Article* recently just stated that the Gold Coast needs 50 new towers to be built every single year for the next decade to meet state-set housing targets. The Regional Plan projects an annual dwelling supply target of 4,010 new high-rise units (in a format of 9-storeys or more) per annum on the Gold Coast. This potential project represents the sought development outcome by the State Government through their housing targets for the Gold Coast.
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Property Details for 3 Dixon St, Coolangatta

Building Type
Commercial
Land Size
2746m2

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About Coolangatta 4225

The size of Coolangatta is approximately 1.8 square kilometres. It has 8 parks covering nearly 16.5% of total area. The population of Coolangatta in 2011 was 5,192 people. By 2016 the population was 5,959 showing a population growth of 14.8% in the area during that time. The predominant age group in Coolangatta is 60-69 years. Households in Coolangatta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolangatta work in a professional occupation. In 2011, 44.9% of the homes in Coolangatta were owner-occupied compared with 48.2% in 2016.

Coolangatta has 6,179 properties. Over the last 5 years, Houses in Coolangatta have seen a 97.34% increase in median value, while Units have seen a 105.93% increase. As at 30 November 2024:

  • The median value for Houses in Coolangatta is $1,544,748 while the median value for Units is $1,263,087.
  • Houses have a median rent of $700 while Units have a median rent of $715.
There are currently 59 properties listed for sale, and 33 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Coolangatta.

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Sheldon Paris
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RAINE AND HORNE ELITE
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