SOLD
Sold on 19 Jul 2024 for $12,000,000

101 Old Burleigh Road
Broadbeach QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 630m2
Improve this data
Share
Save

Property Details for 101 Old Burleigh Rd, Broadbeach

Building Type
Commercial
Land Size
630m2
Local Government
Gold Coast City
Lot/Plan
70/B8383

Last Listing description (January 2023)

Adam Grbcic and Tony Grbcic from Kollosche Commercial, are proud to present to the market 99-101 Old Burleigh Road, Broadbeach. Positioned in the epicentre of the most desirable Gold coast residential and accommodation precinct, The Site is being sold with a carefully, well designed and planned development approval offering the ability to purchase and commence marketing immediately.

The site is located on the corner of Armick Avenue and Old Burleigh Road, which is situated directly opposite Broadbeach Bowls Club and Nikifordies Park. This provides uninterrupted southern views towards the Broadbeach Skyline, south-easterly views towards the ocean and northern views of the Surfers Paradise Skyline and views towards the hinterland to the west.

The Site has close proximity to all amenities which residents will desire, it is only;

- 100m to Broadbeach's patrolled beaches
- 50m to the popular Broadbeach Bowls Club
- 500m to Gold Coast Light Rail Florida Gardens
- 500m to the Langham Hotel
- 800m to the Gold Coast Convention Centre
- 1km to The Star Casino

The Sites key attributes include;
- Corner Position (Old Burleigh Road and Armrick Avenue)
- Land Size 1,283m2
- Holding income via the following improvements over the site;
- 99 Old Burleigh Road 3 Storey Multiple Dwelling comprising 6 Units
- 100 Old Burleigh Road A Single storey commercial development comprising a liquor store, and Food and drink outlet

The Current Development Approval comprises;
- 46 Storey residential tower designed by award-winning Ferro-chow architects
- Total of 59 units with a mix of 3, 4 and 5 bedroom units
- Ground Floor Retail Outline
- 127 car parking spaces

Please contact either Adam Grbcic or Tony Grbcic for more information.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Show More

Property History for 101 Old Burleigh Rd, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$12,000,000
19 Jul 2024
  • 19 Jul 2024
    Sold for $12,000,000
  • 04 Nov 2022
    Listed for Sale Contact Agent
  • 07 May 2021
    Sold for $7,000,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 8,860 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 140 properties listed for sale, and 23 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 516 properties were sold in the past 12 months in Broadbeach.

Broadbeach Profile Page

Suburb Insights for Broadbeach 4218

Visit Broadbeach profile page
Market Insights
Broadbeach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Broadbeach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Broadbeach profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED