A great opportunity to secure a genuine coastal development site in one of the Southern Gold Coast's most tightly held locations.
Positioned just moments from Rainbow Bay, this 443m² level parcel offers an exceptionally attractive combination of existing income, development potential and an enviable coastal lifestyle.
Currently with five existing units, four of which are tenanted, the property provides holding income while allowing an astute buyer time to explore its longer-term potential.
The R3 Medium Density Residential zoning, generous 19.9m frontage and regular, level configuration create an ideal platform to investigate a future boutique residential development, subject to council approval.
For developers, it is the location and land fundamentals that make this opportunity particularly compelling. For investors, the existing configuration offers the flexibility to hold and generate income while considering future options.
KEY FEATURES
Five existing units
Four currently tenanted
443m²* level site
19.9m* frontage
R3 Medium Density Residential zoning
Existing holding income
Development potential, STCA
Regular, highly usable parcel
Moments to Rainbow Bay and Snapper Rocks
Easy level access to Coolangatta and Greenmount Beach
Close to cafés, restaurants, shopping and the Queensland/NSW border
THE OPPORTUNITY
Sites offering income today and genuine development potential tomorrow are increasingly difficult to secure, particularly in a coastal location of this calibre.
Whether your vision is to hold, renovate, reposition or develop, this is a property where the land, zoning and location come together to create something truly special.
A standout opportunity for developers, investors and landbankers looking to secure a foothold in the heart of the Southern Gold Coast.
Don't miss this one
Contact Ant Davis 0407 720 884 or Jason Abbott 0418 727 977 for further information, an inspection or to obtain the information pack and auction contracts.
Offers prior to auction welcome.
AUCTION
In Rooms | Thursday, 17 September 2026 | 5:00pm
Greenmount Surf Club
Unit 1: 2 bed, 1 bath | Lease expires 13.10.2026 | $560/week currently |Market rent $630 p/w
Unit 2: 1 bed, 1 bath | Lease expires 18.10.2026 | $420/week currently |Market rent $450 p/w
Unit 3: 1 bed, 1 bath | Vacant |Market rent $450 p/w
Unit 4: 2 bed, 1 bath | Lease expires 03.05.2027 | $575/week currently |Market rent $650 p/w
Unit 5: 2 bed, 1 bath | Periodic lease | $580/week currently |Market rent $650 p/w
Shed 6: $150/week currently | Lease expires 26.11.2026
Shed 7: $238.99/month | Lease expires 26.11.2026| Market rent $150 p/w
Disclaimer - All information contained herein has been obtained from sources deemed reliable; however, Coolangatta/Tweed Heads Realty Pty Ltd, its directors, employees, and agents do not make any representations or warranties, express or implied, as to the accuracy, currency, or completeness of the information provided. Accordingly, no responsibility or liability will be accepted by Coolangatta/Tweed Heads Realty Pty Ltd for any loss, damage, or other consequence (whether direct or indirect) arising in any way from any act or omission in reliance upon the information contained herein.
