Unlock the full potential of this DA-approved (OTH/2024/45) corner development site, offering 812m² of prime land across 2 street frontages (Blaxland Ave & Wentworth Ave, Molendinar). Already approved for a 2-lot boundary realignment, this opportunity is ideal for developers, investors, or community housing operators looking to secure a premium site with upside.
With 2 x 406m² lots proposed, the site is suitable for:
• A Luxury Triplex, Duplex, or 2 freestanding villas (STCA)
• A Community Residence (NDIS-eligible) scheme - with conceptual plans showing potential for up to 9 apartments and a gross yield of up to $900,000 per annum once fully occupied
Key Features:
• 812m² corner block (DA approved for realignment to 2 x 406m²)
• High-density potential under Community Residence provisions
• Conceptual plans for up to 9 NDIS apartments
• Income-generating: currently tenanted at $750/week
• Build premium villas or triplex development (STCA)
• Prime dual street access and elevated positioning
• Buyer to finalise subdivision - DA conditions already approved
Spread Your Investment Over Time
One of the standout advantages of this site is the ability to stage your investment, offering significant cash flow flexibility. You can secure the primary 723m² site now and purchase the remaining 89m² (currently part of the adjoining lot as per DA-approved realignment) in 12 months or when the land title is ready.
This staggered structure allows you to:
• Avoid paying full price upfront
• Generate income ($750/week) during the process
• Progress design, approvals, or pre-sales while finalising the subdivision
Subdivision Completion Process
To complete the approved boundary realignment and access the full 812m² site, the following steps are required (all DA conditions already approved under OTH/2024/45):
1. Complete required civil works:
• Install water and sewer connections to each lot
• Construct stormwater drainage elements (swale and tank)
• Lodge and register sewer easement
2. Submit plan sealing application with City of Gold Coast Council - (Council has 20 business days to assess)
3. Obtain subdivision approval upon satisfying DA conditions
4. Register sealed survey plan with the Department of Resources (Qld Titles Office), officially creating the new 406m² lots
5. Pay Council infrastructure charge - (Only payable after lots are created, giving you time to plan or pre-sell)
* All documentation, stamped plans, and DA conditions are available on request.
** All imagery and schematics are indicative only. Buyers should make their own enquiries and engage a planner or certifier to suit their needs.
Disclaimer: We have used our best endeavors in preparing this information to ensure that the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information and suitability of the property for their needs that is contained herein. Photos may have been digitally enhanced for improved appearance and buyer experience.
