Sheldon Paris and Bowen Lyu of Raine & Horne Elite are proud to introduce to the market 10 Saint Kilda Avenue, Broadbeach.
This development-ready, level block in a popular pocket of Broadbeach is positioned in a high-density, high-growth zone. Approved for 17 apartments across 15 storeys, with the potential for additional height, the top-floor apartments offer uninterrupted beach views
Located in a highly coveted suburb on the Gold Coast, Broadbeach, and less than 400m from the beach, this potential development is highly desirable to future developers, developer-builders, investors, and land bankers.
Property Highlights:
- DA approved vacant allotment; ready to go
- Approved for 17 apartments across 15 storeys, including a recreational rooftop terrace
- Beach views from the top floors
- Demolished ready to build level block spanning 607m²
- Desirable Northern aspect facing units when constructed
- Surrounded by massive sold-out developments, with buyer demand still extremely high in the area
DA Summary:
- 11x full floor 3-bedroom apartments
- 3 x 3-bedroom service apartments
- 3 x 4-bedroom dual key service apartments
- 15 storeys
Location:
- Less than 400 metres to Broadbeach beach
- 800m to Gold Coast Convention and Exhibition Centre
- 2.3km to Surfers Paradise Beach
- 2.6km to Cavil Avenue
- 4.7km to Pacific Fair Shopping Centre
In the marketplace, we are seeing unprecedented interest from local, interstate, and international buyers looking to purchase on the southern end of the Gold Coast, especially in the Broadbeach area. The massive supply-demand issue, coupled with record-breaking apartment sales skyrocketing month-on-month, makes this the perfect opportunity for new purchasers to capitalise on the severe shortages.
Contact exclusive agents Sheldon Paris and Bowen Lyu for more information.
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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 8,898 properties. Over the last 5 years, Houses in Broadbeach have seen a 73.82% increase in median value, while Units have seen a 89.19% increase. As at 30 November 2024:
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