For the astute developer who understands the importance of scale and positioning, this represents one of the most compelling residential development opportunities to come to market in Southport in recent years.
Comprising the consolidated holdings of 46, 48 and 50 Prince Street, the site offers approximately 1,780 m² across a rare triple-block landholding. In a precinct where sites of this size are tightly held and difficult to assemble, securing three adjoining properties in one line is a genuine rarity and provides immediate development credibility.
Positioned just minutes from the Gold Coast Broadwater and within easy reach of the G:link Light Rail, the location combines lifestyle appeal with exceptional connectivity to major employment hubs, retail precincts, education facilities and transport infrastructure. It is exactly the type of address that supports strong, sustained demand for well-designed medium-density housing.
Zoned Medium Density Residential (STCA), the consolidated parcel presents the potential for approximately 6080 apartments, subject to council approval, bedroom configuration and design efficiency. The scale allows for strong project yield and thoughtful planning outcomes, enabling developers to maximise layout efficiency and end value without the constraints often associated with smaller sites. With ongoing demand for quality apartment stock in central Southport, the timing is aligned with market fundamentals.
The property is currently improved with three substantial, low-maintenance homes operating under a rooming accommodation model, providing exceptional holding income while plans and approvals are progressed.
As Southport continues to strengthen as a key residential and employment hub on the Gold Coast, opportunities to control more than 1,700 m² in its core are increasingly scarce. Sites of this calibre are seldom offered and even more rarely secured. For developers seeking scale, flexibility and genuine upside, 4650 Prince Street represents a strategic opportunity to deliver a landmark residential project in a proven growth corridor, and one that demands immediate consideration before it is claimed by a competitor ready to move.
Disclaimer
Taylors Property has ensured this information is accurate and reliable; however, no responsibility is accepted for any errors or omissions. Prospective purchasers should conduct their own due diligence prior to entering a contract.
