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
