Lot 700 Cheltenham Drive Robina QLD 4226

CBRE and Colliers are pleased to present to the market for sale an approved development site in a highly desirable location - Lot 700 Cheltenham Drive, Robina.

- 7,074sqm* site with 70m* frontage
- Approved for office, hospital, medical, showroom, tavern, childcare, self-storage and more
- Walk to Council's major 241 ha Greenheart Parklands project (commencing 2023)
- Zoned Special Business - 8 storeys permitted
- Short stroll to Robina Train Station & Bus Interchange, Hospital, Bond University, TAFE and Robina Town Centre

Development land is scarce in Robina and approved sites are rare. This shovel-ready site benefits from a City of Gold Coast approved "Plan of Development", which allows for a range of uses including hospital, medical, aged care, commercial, self-storage and more, and provides significant town planning advantages and infrastructure charge benefits.

The successful purchaser will have a rare chance to capitalise on Robina's very strong investment fundamentals, including high demand for quality new medical and commercial property and very low rental vacancy rates, together with significant infrastructure investment, which will underpin continued strong demand for medical and other services.

Concept plans for a three-storey 5,000sqm office building, as well as a 3,000sqm medical building will be available in the due diligence package (available upon request). The site enjoys the benefit of an 8:1 plot ratio.

The site enjoys close proximity to the M1 Motorway and ease of access to a range of public transport options.

(All areas, distances, outlines are approximate only)