GV Property Group is pleased to present 18–20 Philippine Parade and 15 Philippine Lane, Palm Beach, an exceptional multi-tenanted commercial opportunity positioned within an established Southern Gold Coast coastal precinct.

GV Property Group is pleased to present a multi-tenanted commercial holding in a sought-after Southern Gold Coast location.

Set on an approximately 409m² site zoned Neighbourhood Centre, the property comprises three fully occupied ground-floor retail tenancies and a separately titled three-bedroom residence with a generous balcony.

The retail tenancies return circa $85,000 p.a. The residence offers rental potential of $50,000 p.a., alongside opportunities to investigate rental reversion, commercial conversion or future repositioning (STCA). A council-endorsed commercial strata subdivision proposal has also been identified.

Key Highlights: 

• Approx. 409m² landholding 

• Three established ground-floor retail tenancies (100% occupied)

• Separately titled 3-bedroom upper residence (approx. 100m²) with 70m² balcony

• Projected income $135,000 p.a.

• Scope for rental reversion, upper-level commercial conversion, or future redevelopment (STCA)

• Two single lock-up garages plus workshop space

• Prime Palm Beach catchment in Neighbourhood Centre

For Sale via Expressions of Interest closing Thursday 26 November 2026