Jackson Rameau of Ray White Commercial Gold Coast presents an exclusive opportunity to acquire 20 & 22 Bruce Avenue, Paradise Point, QLD, 4216. For the first time ever, this prime corner parcel comprises two residential blocks situated on the edge of the pristine Paradise Point precinct. The assets are available for sale as a combined parcel, offering the opportunity to utilise the DA approval for 14 luxurious coastal residences. Alternatively, the parcels may be sold separately, catering to purchasers seeking a single-dwelling project, a new home with an oversized yard, or a townhouse development.

Should the incoming purchaser pursue development, the combined parcel boasts rare DA approval for 14 high-end coastal residences spread across three levels, featuring a mix of 2 & 3-bedroom options, along with one basement. This unreleased-to-market project includes a full suite of advertising materials, plans, and renders.

KEY HIGHLIGHTS OF THIS PENINSULA ENCLAVE INCLUDE:

• Pristine corner block across two titles, ideal for redevelopment or renovation

• Option to buy one or both parcels at 20 & 22 Bruce Avenue, Paradise Point

• Total land area of 1,017m2* on a prime corner, just a stone's throw from the coastline

• Generating a holding income of $1,275* per week across both dwellings

• DA Approved 'Northpoint Residences,' a luxurious 14-residence development

• Superior floor area. This highly rare development approval has a three-storey approval in a two-storey area

• Both existing side-by-side homes are 3-bed, 2-bath, and 2-car, generating quality holding income

• Positioned within the highly desirable "Duck Streets" precinct

• Only 180* metres from the Esplanade and coastline

• Development potential utilizing the near-new DA approval, or the option to renovate, occupy, or invest

• Zoned Medium Density Residential with further development opportunities

• Potential for townhouses, duplexes, luxury homes, or apartments

• Located in a secure, family-oriented community

• Close proximity to waterways for fishing, crabbing, jet skiing, sailing, kayaking, or yachting

• Nearby clean open parklands and playgrounds ideal for family exercise, social gatherings, or quiet relaxation

• Tucked away yet central, just off Grice Avenue and the Esplanade

• All offers will be considered on or before the close of the EOI campaign

• The owner is reinvesting elsewhere and is serious about selling both parcels

• Rare opportunity to acquire either combined or individual parcels

• Must be sold on or before the campaign closure date-don't miss out!

For Sale Via Expressions of Interest (EOI), Closing Thursday 17 April 2025 at 4:00PM (AEST)

For more information or to arrange a private inspection, please contact the exclusive RWC agent

Jackson Rameau on 0438 451 112. All offers welcome.

Disclaimer: renders may vary from approved plans or the actual product at completion. The website may have filtered the property into a price bracket for website functionality purposes. RWC Gold Coast has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately. (STCA) Subject to Council Approval.

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