GV Property Group is pleased to present Shoalwater, a rare opportunity to secure a substantial high-density development site in one of Broadbeach’s most tightly held coastal precincts.

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Comprising 31 Britannia Avenue and 142 Surf Parade, the combined holding spans approximately 1,811m²* across a prominent corner position with an impressive 83m of combined street frontage*.

Positioned just 300m from the sand*, the site is ideally placed to capitalise on continued demand for premium coastal living, with Broadbeach’s world-class dining, retail, transport, and lifestyle amenities all within easy walking distance.

Zoned High Density Residential with unlimited building height (HX) under the City Plan, the site offers compelling planning fundamentals for a landmark residential tower outcome, subject to relevant approvals.

The offering represents a unique amalgamation of 17 apartments across two unit complexes, delivering an estimated gross holding income of approximately $620,000 per annum*. This substantial cash flow provides exceptional flexibility and holding security while progressing architectural design, feasibility, and planning approvals.

Shoalwater represents a defining opportunity to acquire a sizeable coastal landholding in an established precinct where genuine high-density scale is increasingly difficult to secure.

Key Highlights: 

• 1,811m²* corner site

• 83m* of street frontage

• High Density Residential zoning with unlimited building height

• Estimated gross holding income of $620,000 p.a. 

• Unique amalgamation of 17 apartments across two unit complexes

• Approximately 300m* to the beach

• Moments from Broadbeach’s dining, shopping and lifestyle precincts

Location & Lifestyle

Situated along the coveted Surf Parade corridor, Shoalwater benefits from immediate proximity to everything that makes Broadbeach one of Australia’s premier lifestyle and development destinations.

Future residents will enjoy direct pedestrian access to patrolled surf beaches just 300 metres away, alongside effortless connectivity to the vibrant Broadbeach precinct, key public infrastructure, and arterial transport networks.