For Sale · Riverfront Investment & Development Site

35 Watson Esplanade

Surfers Paradise, QLD 4217

Contact P.E.X.I.S. for Price

A Riverfront Position. An Opportunity to Shape What Comes Next.

Explore a waterfront investment and land acquisition opportunity in the heart of Surfers Paradise. Set on a 627 m² freehold site with direct Nerang River frontage, 35 Watson Esplanade combines an established rental property with potential for future redevelopment, subject to Council approval.

Six existing units provide holding income while buyers consider their longer-term plans. The supplied Information Memorandum reports current gross rental income of $168,421 per annum, based on the rents of all units. This is gross income before expenses and should be independently verified.

With beaches, Cavill Avenue dining, retail and light rail within walking distance, the property brings together waterfront appeal and the convenience of a central coastal address.

Property Highlights

• 627 m² freehold site in central Surfers Paradise
• Direct Nerang River frontage
• Six existing residential units with holding income
• Four one-bedroom units, including one with an office and private garden, plus two two-bedroom units
• High Density Residential zoning identified in the IM
• Future redevelopment potential, subject to Council approval and site investigations
• Walking distance to beaches, Cavill Avenue and light rail

Investment & Future Potential

The existing accommodation offers an income-producing base for purchasers exploring a land-holding strategy or future development. The IM identifies the site within a High Density Residential precinct and outlines potential for a premium residential redevelopment.

Any development outcome will depend on current planning controls, applicable overlays, design, feasibility and the necessary approvals. Concept material in the IM is indicative and does not represent an approved development.

Connected to the Surfers Paradise Lifestyle

Enjoy a riverfront setting close to the beaches, cafés, restaurants, shopping and entertainment that define Surfers Paradise. Nearby light rail adds convenience for travel along the coastal corridor.

Request Further Information or Arrange an Inspection

Speak with the P.E.X.I.S. team on 07 5675 5500 or email connect@pexis.com.au to discuss the opportunity, request the Information Memorandum or arrange an inspection.

Information is based on the supplied Information Memorandum and is provided as a guide only. Buyers should independently verify site area, title, tenancy details, income, expenses, current planning controls and development feasibility. All redevelopment is subject to the required approvals.