2174 Gold Coast Highway
Miami 4220

Tony Grbcic and Adam Grbcic of Kollosche Commercial are pleased to present 2168-2174 Gold Coast Highway, Miami, a prominent mixed-use redevelopment opportunity in the sought-after Miami/Nobby's Beach precinct.

Strategically positioned on the western side of the Gold Coast Highway, the site is:

- 300m* from the Nobby's Beach Retail Precinct

- 600m* from Miami Beach

- Between the Nobby's Beach and Miami Light Rail Stations (under construction)

The Site offers the following key attributes:

- Land Area: 2,835m²* across 7 freehold allotments

- Zoning: Mixed Use

- Height Limit: 9.5m* (2 levels)

- Dual street frontage with 40m* frontage to the Gold Coast Highway and secondary access via Hillcrest Parade

The Site is improved with a two-level commercial building fronting Gold Coast Highway, comprising 2 retail shops and 9 first-floor commercial offices and a single-level industrial building fronting Hillcrest Parade which comprises a further 6 tenancies and has over 30 parking spaces onsite. The key investment drivers include:

- 94% occupancy (1 vacancy)

- Combined net income of $385,000* + GST per annum

This flood-free, underutilized site on the Light Rail Stage 3 route offers exceptional potential for impact-assessable development. It's proximity to transport infrastructure and alignment with SEQ Regional Plan objectives make it a prime opportunity for residential or mixed-use projects.

Expression of Interest closes:

3:00 PM (QLD time), 20th February 2025

For further information, contact Tony Grbcic or Adam Grbcic at Kollosche Commercial.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.