SOLD
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Sold on 26 Jul 2024 - Price Unavailable

15 Cunningham Avenue
Main Beach QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 407m2
Sold By
Lachlan Harris
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Property Details for 15 Cunningham Ave, Main Beach

Building Type
Land
Land Size
407m2
Local Government
Gold Coast City
Lot/Plan
2/BUP863

Last Listing description (September 2024)

Lachlan Harris of Avanti Commercial is pleased to present 15 Cunningham Avenue Main Beach, a truly unique development site located at the gateway of one of the Gold Coasts most exciting future development corridors along SeaWorld Drive. This Freehold site has access from two streets and offers an astute developer the opportunity to leverage not only the development potential of this site but also the planned redevelopment of numerous sites along SeaWorld drive.

15 Cunningham enjoys the amenity of Main Beach's Tedder Avenue, The Southport Yacht club, Marina Mirage, Southport Surf club, SeaWorld, The Sheraton Grand and Imperial Hotels, parklands, nature walks and the beautiful stretch of beach extending from Main Beach up to the Spit.

The site provides an opportunity to develop a high end residential tower at the gateway of the most sort after development corridors on the Gold Coast. A residential tower in this location will enjoy endless views of the Broadwater, lush parklands, the stretch of beach extending all the way up to the Spit and wide out over the Pacific Ocean.

This freehold site is surrounded by high end residential towers which set the precedence and benchmark for future development potential.

With Main Beach's consistent capital growth and excellent infrastructure, seize the chance to elevate your development collection.

Property highlights:
- Freehold Development Opportunity
- North facing Aspect over Broadwater, Park, Ocean & Beach
- Corner block of 407m2 with dual street frontage
- Zoned 'High Density Residential' and HX unlimited height
- Existing 3 x 2 Bedroom Apartments

Auction to be held 25th July, 2024 at 5.00pm at Southport Yacht Club.

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.

Property History for 15 Cunningham Ave, Main Beach, QLD 4217

A timeline of how this property has performed in the market
Last Sold
26 Jul 2024
  • 26 Jul 2024
    Sold
  • 08 Apr 2024
    Listed for Sale Auction

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About Main Beach 4217

The size of Main Beach is approximately 3.1 square kilometres. It has 5 parks covering nearly 46.3% of total area. The population of Main Beach in 2011 was 3,495 people. By 2016 the population was 3,864 showing a population growth of 10.6% in the area during that time. The predominant age group in Main Beach is 60-69 years. Households in Main Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Main Beach work in a professional occupation. In 2011, 53.7% of the homes in Main Beach were owner-occupied compared with 55.1% in 2016.

Main Beach has 3,952 properties. Over the last 5 years, Houses in Main Beach have seen a 155.64% increase in median value, while Units have seen a 91.81% increase. As at 31 December 2024:

  • The median value for Houses in Main Beach is $3,226,535 while the median value for Units is $1,402,484.
  • Houses have a median rent of $950 while Units have a median rent of $888.
There are currently 77 properties listed for sale, and 6 properties listed for rent in Main beach on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Main beach.

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Contact agent
Lachlan Harris
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AVANTI COMMERCIAL
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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.