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15 Bruce Avenue

Paradise Point QLD 4216

506 m²
Land
Currently for sale - view listing

Overview

DA Approved Boutique Development Opportunity – Multiple Options in the Heart of Paradise Point

Positioned in the heart of Paradise Point and just moments from the Broadwater and Paradise Point Village, 15 Bruce Avenue presents a rare opportunity to secure a vacant 506m² Medium Density Residential allotment with an approved boutique development already in place. For developers, much of the hard work has already been completed. The site comes with Development Approval for four architecturally designed, three-level luxury residences, with Building Approval well underway. The approved design comprises four substantial three-bedroom residences, each incorporating private internal lift access, two-car accommodation, generous open-plan living and dining areas and private balconies. With approximately 175m² to 193m² of total area per residence, the development has been thoughtfully designed to deliver a premium end product suited to the Paradise Point lifestyle and market. Alternatively, buyers can explore the site's further potential. Whether your vision is to create a substantial three-storey dream home, investigate a luxury duplex development, or take advantage of the existing approval and deliver the four-residence boutique project, the property provides a number of exciting possibilities, subject to the relevant council and authority approvals. The location further strengthens the opportunity. Positioned directly north of Paradise Point Village, the property is within easy walking distance of the Broadwater, beach and surrounding parklands, together with the cafés, restaurants, shops and everyday conveniences that make Paradise Point one of the northern Gold Coast's most desirable lifestyle destinations. Property & Development Highlights: - Vacant 506m² Medium Density Residential allotment - Approximately 15m x 34m dimensions - Development Approval in place for four luxury residences - Building Approval well underway - Four architecturally designed, three-level residences - Three bedrooms to each residence - Private internal lift to each residence - Two-car accommodation per residence - Approximately 175m²–193m² total area per residence - Generous open-plan kitchen, living and dining spaces - Private balconies and outdoor entertaining areas - Eight residential car spaces plus dedicated visitor parking - Opportunity to explore an alternative luxury duplex development (STCA) - Opportunity to create a substantial dream home (STCA) - Moments from the Broadwater, beach and surrounding parklands - Walking distance to Paradise Point Village, cafés, restaurants and shops With the site already cleared, Development Approval secured and much of the groundwork already undertaken, 15 Bruce Avenue represents an exciting opportunity for developers, builders, investors or buyers looking to create something of their own in a tightly held Paradise Point position. Whether your vision is to deliver the existing four-residence development, explore a boutique duplex project or create a statement home of your own, opportunities offering this level of flexibility in such a desirable Paradise Point location are increasingly difficult to find. Contact Broc Pearson today on 0492 002 094 for further information. Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or 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.

Features

506 m² lot size
Land

Property history for 15 Bruce Avenue

2024
Sold
$1,525,000
21 Jul 2024 by Jeff Sturgess, of Professionals Vertullo Real Estate

Happy sellers in Paradise Point

80%
80% of sellers in Paradise Point reported that their sale price either exceeded or met their price expectations.

Paradise Point stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 53 reviews in Paradise Point over the last 12 months.

Local market activity for land plots in Paradise Point

In the last 12 months, 7 land plots similar to 15 Bruce Avenue, have been sold.

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