46 Sarawak Avenue
Palm Beach 4221

Sold Price: $2,050,000

Land: 809m2

Price per Sqm: $2,534

Enquiries: 114

Offers: 3

Online Views: 16,000+

Exclusive Childcare/Townhouse Development Opportunity in Palm Beach

This was an exceptional opportunity to acquire a boutique development site in one of the Gold Coast's most tightly held and sought-after coastal suburbs. Situated on a prominent corner position with dual street frontage to Sarawak Avenue and Tahiti Avenue, the site offered outstanding exposure, access, and future development flexibility.

Approved for a purpose-built childcare centre accommodating 76 places, the site delivered an ideal investment for operators seeking to establish a high-quality early education facility in a rapidly growing catchment area. The architectural design included generous outdoor play areas, lift access, and basement parking for 19 vehicles.

Alternatively, the underlying Medium Density Residential zoning allowed for other development outcomes, including boutique townhouses (STCA), providing scope for residential developers to capitalise on surging demand for premium living in this prime Palm Beach locale.

The Key Attributes Included:

For further information on this sale, please contact the exclusive agents James Roberts or Adam Grbcic from Kollosche.

*Approximate.

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. All expenses, distances, heights, or sizes are an estimate or an approximation. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.