6-10 & 25-27 Gray & Railway Street, Southport, QLD 4215

Jared Johnson and Taylor Jones of Coastal Commercial are privileged to exclusively present 25-27 Railway Street & 6-10 Gray Street, Southport to the market for sale via Expressions of Interest.

This is a rare opportunity to secure a high-density, income-producing development site within the tightly held Southport Priority Development Area (PDA). Occupying a prominent corner position with dual street frontage, the asset benefits from an approved 30-level residential tower comprising 248 dwellings, positioned to capitalise on the continued growth of the Southport CBD and surrounding infrastructure corridor.

Positioned within one of the Gold Coast's most dynamic and evolving corridors, the property is set to benefit from significant surrounding infrastructure and landmark developments. Major investment in the nearby Marina Mirage precinct is set to further elevate the area's retail and lifestyle appeal, while the former Palazzo Versace Gold Coast is undergoing a significant repositioning, with global operator Hilton set to introduce its luxury LXR Hotels & Resorts brand. The proposed Southport Stadium is anticipated to add further momentum to the area's ongoing investment and development activity. This wave of high-profile investment, combined with ongoing public and private sector development across Southport and the broader CBD, reinforces the area's long-term growth trajectory and strengthens its appeal as a premier high-density residential destination.

Underpinned by immediate holding income across multiple residential tenancies, the property offers a strategic balance of short-term cash flow and long-term redevelopment upside. The predominantly short-term lease profile provides maximum flexibility, allowing an incoming purchaser to either enhance income or progress development in a timely manner.

Expressions of Interest Closing Tuesday 16th of June at 4:00pm.

This outstanding offering can be summarised by the following key attributes:

• Prominent corner development site within the Southport PDA

• 2,155m² landholding* across multiple titles

• Approved 30-storey residential scheme comprising 248 apartments

• 117 x 1-bed, 119 x 2-bed, 11 x 3-bed and 1 x 4-bed configuration

• 3 levels of basement parking with 260+ car spaces

• Designed podium and tower with resident amenities including pool and gym

• Holding income of approximately $210,080 p.a.

• Short WALE of approximately 9-11 months providing flexibility

• Majority of leases expiring throughout 2026

• Dual street frontage enhancing access and design outcomes

• Positioned in the heart of the Southport CBD and Priority Development Area

• Walking distance to G:Link Light Rail, Broadwater Parklands, and major amenities

• Surrounded by major health, education, and commercial infrastructure

• Strong underlying land value with significant future upside

This is a blue-chip development opportunity ideally suited to developers, value-add investors, and land bankers seeking exposure within one of the Gold Coast's most established and rapidly evolving precincts.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but 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 contained herein.

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.