Rarely does an opportunity like this present itself in one of Benowa's most tightly held cul-de-sacs. Just under 10 minutes from Surfers Paradise beach, this property would ideally suit a buyer looking to re-build a landmark family residence.
Positioned at the very end of quiet Penamber Court, this remarkable 1,191m² north-facing block has long been admired for its elevated position, privacy, and exceptional outlook. With a gentle slope from the street, the site captures cooling breezes while enjoying a stunning eastern backdrop across the iconic Gold Coast skyline.
Backing directly onto the expansive Benowa Park, the property enjoys a unique sense of space and tranquillity, with no rear neighbours and acres of green open space quite literally at your doorstep. The property at lot 8, number 8 Penamber Court adjoins 8 acres of stunning council parkland, known as Benowa Park. The lucky triple eight is present (888)
After 55 years of ownership, the family has a clear choice to downsize, creating an exceptional opportunity for one fortunate buyer to secure one of Benowa's finest parcels of land. Rebuild one premier residence, or choose to subdivide the block to create multiple titles, all subject to GCCC approval. The site would be accessible and is currently zoned for low-density residential use.
The seller is highly motivated and committed to selling on or before the advertised auction on 26th May. A flexible settlement period is available. Prior auction offers are encouraged. For a copy of the full sale contract, please reach out to leading local agent Tim Grevell.
The existing five bedroom home has reached the end of its life and is being offered strictly as land value only. Most buyers will recognise the true value lies in the block itself, with the concept to rebuild one or multiple dwellings in this blue-chip position. For those with vision, the existing structure's strong block foundation may offer a starting point for a future high-set design.
Property Features
• Prime 1,191m² block in a tightly held cul-de-sac
• Approx dimensions are 17.5m roadside & 33.5m fronting the park & 50 metres
• The neighbour may be open to selling 9m2 to the new owner to increase the holding to a 1200m2 block size
• Desirable north-facing rear yard
• The property was first surveyed in 1971
• Benowa State High & Primary School catchment zone
• Subject to GCCC approval & astute planning, multiple titles may be created
• Elevated site with gentle slope
• Directly adjoining, with gated access to Benowa Park from the rear yard
• Views of the Gold Coast skyline to the east
• Less than 10 minutes to Surfers Paradise
• No easements affecting the title
• Established trees and natural privacy
• Existing home offered at land value only (no house inspections).
The property is within walking distance of Benowa's popular schools and less than 2 kilometres from Pindara Private Hospital, Benowa Gardens, Benowa Village Shopping Centres, and the Gold Coast Botanical Gardens. People's First Stadium & Gold Coast Turf Club are both less than a 5 minute commute.
A property like this is incredibly rare - build your dream home in one of the Gold Coast's most desirable inner-city locations. Contact Tim Grevell for more info. Agent conjunctions are certainly welcome.
Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
