For Sale by GV Property Group

A Rare Four-Lot Beachside Development Opportunity

1232-1238 Gold Coast Highway, Palm Beach

GV Property Group is pleased to present 1232-1238 Gold Coast Highway, Palm Beach - substantial 1,648m² landholding* comprising four adjoining allotments in Palm Beach.

With 40.32m of street frontage* and the shoreline just 120m away via Eleventh Avenue*, the property combines meaningful development scale with a connected coastal location. Positioned midway between Tallebudgera Creek and Currumbin Creek, local cafés and boutique dining are close by.

Zoned Medium Density Residential, the site has a 29m base height limit, with a pathway to seek up to 43.5m through impact assessment, subject to council approval. The holding offers scope to explore a premium residential apartment project, boutique development or integrated aged-care outcome, subject to relevant approvals.

Four existing houses provide holding income potential while design and development plans are considered.

Key Highlights: 

  • 1,648m²* consolidated holding across four 412m² allotments

  • 40.32m* frontage to Gold Coast Highway

  • Medium Density Residential zoning

  • 29m base height limit

  • Potential to seek up to 43.5m via impact assessment (STCA)

  • Four existing houses with holding income potential

  • Approximately 120m* to the shoreline via Eleventh Avenue

  • Close to Palm Beach cafés, dining and coastal amenity

For More Information

1232-1238 Gold Coast Highway, Palm Beach

Expressions of Interest closing 4th November 2026 at 5pm.

Antonio Mercuri
0434 629 521
antonio@gvpropertygroup.com

Luke Reaby
0417 888 411
luke@gvpropertygroup.com