1/21 Surf Parade

Broadbeach QLD 4218

119 m²

182 m²

Apartment

Currently for sale - view listing

Overview

Strategic Broadbeach Land Bank | High Density Residential Zone

This is a calculated acquisition for a developer targeting the high-density Broadbeach market. Secure a critical stake within Seville Lodge, a 506m² site primed for a long-term amalgamation and redevelopment strategy. With the Valuer-General recently increasing the land valuation from $2.4M to $3.1M (effective 30 June 2026), the market trajectory for this specific pocket of Surf Parade is clear. Investment Fundamentals • Asset Type: Stratified holding within a 3-lot Community Titles Scheme. • Valuation Growth: Significant 29% uplift in statutory land value as of the October 2025 assessment. • Strategic Location: Premium 21 Surf Parade address within the Gold Coast City Council The Developer's Edge • Consolidation Strategy: Ideal for an investor looking to secure one lot now and systematically accumulate the remaining two to unlock the full 506m² footprint. • Simplified Assessment: The Valuer-General assesses the scheme as an "undivided whole," providing a streamlined benchmark for future site-value-based negotiations. • Immediate Market Validation: The new $3,100,000 valuation reflects recent market survey data and sales of land suitable for community titles schemes. - This 3 bed unit offers a practical coastal opportunity within walking distance to the beach, parks and Broadbeach's dining precinct. Set on a 182m² allotment with approximately 119m² of internal space, the property provides comfortable living with scope to personalise or simply enjoy the convenience of its location. The layout includes 3 bedrooms, 1 bathroom and a single lock up garage, with a living area designed for straightforward everyday functionality. The Hedges Avenue dog park and Mermaid Beach are within easy walking distance, while the Broadbeach café and restaurant precinct sits just moments away. The Broadbeach Surf Club and beachfront are also close by, placing some of the Gold Coast's most recognised coastal amenities within reach. With low body corporate of approximately $46 per week and a location surrounded by lifestyle infrastructure, the property presents a practical opportunity for buyers seeking a well-positioned Broadbeach residence. Property features include: • 3 bedrooms, 1 bathroom • Single lock up garage • 182m² land size • Approximately 119m² internal living • Body corporate approximately $92 per week • Walking distance to Hedges Avenue dog park and Mermaid Beach • Close to Broadbeach cafés and restaurants • Close proximity to the Broadbeach Surf Club • Close to Broadbeach State School For further details or an inspection, contact Tyler Smith. 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.