Colliers is proud to present to the market one of the most significant freehold development and investment opportunities ever offered in Surfers Paradise, representing a rare chance to secure a landmark corner holding within one of Australia's premier lifestyle, tourism and investment destinations.
Occupying one of the most prominent and recognisable corner positions on the Gold Coast, this landmark freehold opportunity commands the strategic intersection of Cavill Avenue and Surfers Paradise Boulevard — the epicentre of Surfers Paradise's tourism, retail and entertainment precinct.
Comprising three adjoining freehold titles across a substantial 1,638²* landholding, the property benefits from approximately 91 metres* of high-profile street frontage, delivering unparalleled exposure to one of Australia's busiest pedestrian destinations.
Anchored by the iconic Adidas Originals flagship store together with established hospitality and retail operators, the asset provides immediate income while presenting a compelling opportunity to significantly enhance rental performance through active asset management and lease repositioning initiatives.
A key feature of the offering is the potential to unlock substantial rental growth through the negotiation of new long-term leasing arrangements, removing the historical constraints associated with demolition clauses and creating enhanced income security for future ownership.
Positioned directly adjacent to the Cavill Avenue G:link station and surrounded by major hospitality, retail and entertainment destinations, the property benefits from exceptional accessibility, continuous pedestrian traffic and year-round visitor activity.
Further enhancing its appeal, the site enjoys highly favourable planning parameters, providing future flexibility for a range of residential, hotel, mixed-use, tourism and commercial outcomes (STCA). Located within an unrestricted height precinct and benefitting from high-density Centre zoning, the property offers exceptional long-term redevelopment potential. Further demonstrating the site's development capability, DBI Architects completed a concept scheme in 2022 for a 46-level mixed-use development comprising 729m²* of high-end retail accommodation featuring a striking two-level glass façade podium, 12 levels of hotel accommodation and 125 serviced apartments. Existing demolition clauses provide flexibility for future redevelopment, preserving a clear pathway to unlock the site's long-term development potential.
Whether considered as a blue-chip investment, a value-add repositioning opportunity or a future redevelopment play, this is one of the most significant CBD landholdings offered to the market in Surfers Paradise.
Investment Highlights
- Landmark corner position at Cavill Avenue & Surfers Paradise Boulevard
- Three adjoining freehold titles
- 1,638m²* site area
- Approximately 91 metres* of premium dual street frontage
- Strong existing holding income
- Significant rental reversion and income growth potential
- Opportunity to secure long-term tenant commitments and materially increase asset value
- Anchored by Adidas Originals, Australian Venue Co (Finn McCools) & other established operators
- Directly adjacent to Cavill Avenue G:link station
- Unrestricted height precinct with high-density Centre zoning
- DBI Architects concept scheme completed in 2022 for a 46-level mixed-use development
- Existing demolition clauses provide future redevelopment flexibility
- Flexible planning framework supporting a variety of future uses (STCA)
- Exceptional development, repositioning and land banking potential
- Rare generational investment within Australia's premier lifestyle and tourism destination
A Landmark Corner. Multiple Value-Creation Pathways. An Unrepeatable Opportunity.
For sale via Expressions of Interest closing Wednesday 30th of September at 4pm (AEST).
For further information, please contact Steven King +61 417 789 599 | e: [email protected]
Remember to mention you found this property on CommercialReady
Colliers is proud to present to the market one of the most significant freehold development and investment opportunities ever offered in Surfers Paradise, representing a rare chance to secure a landmark corner holding within one of Australia's premier lifestyle, tourism and investment destinations.
Occupying one of the most prominent and recognisable corner positions on the Gold Coast, this landmark freehold opportunity commands the strategic intersection of Cavill Avenue and Surfers Paradise Boulevard — the epicentre of Surfers Paradise's tourism, retail and entertainment precinct.
Comprising three adjoining freehold titles across a substantial 1,638²* landholding, the property benefits from approximately 91 metres* of high-profile street frontage, delivering unparalleled exposure to one of Australia's busiest pedestrian destinations.
Anchored by the iconic Adidas Originals flagship store together with established hospitality and retail operators, the asset provides immediate income while presenting a compelling opportunity to significantly enhance rental performance through active asset management and lease repositioning initiatives.
A key feature of the offering is the potential to unlock substantial rental growth through the negotiation of new long-term leasing arrangements, removing the historical constraints associated with demolition clauses and creating enhanced income security for future ownership.
Positioned directly adjacent to the Cavill Avenue G:link station and surrounded by major hospitality, retail and entertainment destinations, the property benefits from exceptional accessibility, continuous pedestrian traffic and year-round visitor activity.
Further enhancing its appeal, the site enjoys highly favourable planning parameters, providing future flexibility for a range of residential, hotel, mixed-use, tourism and commercial outcomes (STCA). Located within an unrestricted height precinct and benefitting from high-density Centre zoning, the property offers exceptional long-term redevelopment potential. Further demonstrating the site's development capability, DBI Architects completed a concept scheme in 2022 for a 46-level mixed-use development comprising 729m²* of high-end retail accommodation featuring a striking two-level glass façade podium, 12 levels of hotel accommodation and 125 serviced apartments. Existing demolition clauses provide flexibility for future redevelopment, preserving a clear pathway to unlock the site's long-term development potential.
Whether considered as a blue-chip investment, a value-add repositioning opportunity or a future redevelopment play, this is one of the most significant CBD landholdings offered to the market in Surfers Paradise.
Investment Highlights
- Landmark corner position at Cavill Avenue & Surfers Paradise Boulevard
- Three adjoining freehold titles
- 1,638m²* site area
- Approximately 91 metres* of premium dual street frontage
- Strong existing holding income
- Significant rental reversion and income growth potential
- Opportunity to secure long-term tenant commitments and materially increase asset value
- Anchored by Adidas Originals, Australian Venue Co (Finn McCools) & other established operators
- Directly adjacent to Cavill Avenue G:link station
- Unrestricted height precinct with high-density Centre zoning
- DBI Architects concept scheme completed in 2022 for a 46-level mixed-use development
- Existing demolition clauses provide future redevelopment flexibility
- Flexible planning framework supporting a variety of future uses (STCA)
- Exceptional development, repositioning and land banking potential
- Rare generational investment within Australia's premier lifestyle and tourism destination
A Landmark Corner. Multiple Value-Creation Pathways. An Unrepeatable Opportunity.
For sale via Expressions of Interest closing Wednesday 30th of September at 4pm (AEST).
For further information, please contact Steven King +61 417 789 599 | e: [email protected]
Remember to mention you found this property on CommercialReady
3170-3180 Surfers Paradise Boulevard, Surfers Paradise QLD 4217
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