North facing high-density development site;
4-6 Rosewood Avenue, Broadbeach QLD
1,422sqm North Facing Site
High-Density Zoning
Unlimited Building Height
North Facing Frontage: circa 38m
Current Asset: 13x 2 Bedroom Apartments
The site is centrally located in the heart of Broadbeach and provides an expansive street frontage down Rosewood Avenue. Broadbeach is in a high growth, high demand area, the sites locality further benefits from a short 200m walk to Broadbeach Park and the renowned beaches of the Gold Coast.
Positioned in a highly sought-after coastal location within walking distance from the nature reserve and beach, the property provides a magnitude of development outcomes including; residential, retirement and hotel or could even be land-bank with holding income.
The site is an amalgamation of 13x 2 bedroom apartments and excellent holding income.
Town Planning Brief:
'Michael Falk from UPS' considers the sites highest and best use to be a new 'multiple dwelling' apartment building that maximises building height and residential density opportunity. Although any future development application is likely to be CODE Assessable, it is not free of commercial risk as robust debate with council stakeholders often focuses on podium and tower setback, site coverage and landscape design outcomes.
Site Brief:
4 Rosewood - 711m2
7x 2 Bedroom 1 Bath 1 Car Units
Circa 20m Frontage
6 Rosewood - 711m2
6x 2 Bedroom 1 Bath 1 Car Units
Circa 18m Frontage
Combined Site Area = 1,422m2
Combined Frontage = circa 38m
For Sale via Expressions of Interest closing;
1st April 2022
For further details please contact;
Antonio Mercuri 0434 629 5... / Luke Reaby 0417 888 411
DISCLAIMER; This informatiopm has been prepared by GV Property Group Pty Ltd for the information of potential purchasers to assist them in deciding whether they are sufficiently interested in the property ordered to proceed with further investigation in relation to the property. The information contained in this report does not constitute any offer or contract of sale; it is provided as a guide only; and has been prepared in good faith and with due care. Potential purchasers must take note that the figures and calculations contained in this report are based upon figures provided to us by outside sources and have not been verified by us in any way. We have no belief one-way or the other in relation to the accuracy of such information. Any projections contained in this report represent estimates only and may be based on assumptions that may be incomplete, incorrect or erroneous. Potential purchasers must satisfy themselves in relation to all aspects of the report including development potential and cost; market take up; rent levels; outgoings; and all other matters a prudent purchaser would consider relevant. The Vendor, GV Property Group, or their employees, agents or representatives will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that a potential purchaser relies upon that is contained in this report or any other marketing material. The property will be traded or sold "as is" and "with all faults", without any representation or warranty as to its condition; fitness for any particular purpose; or compliance with any relevant law. The Vendor reserves the right, at its sole discretion, to postpone or cancel the proposed trade or sale of the property and to modify or add any terms and conditions to any proposed contract, vendor's statement or other material associated with the proposed sale, which may be made available to a potential purchaser.
