3 Dixon Street, Coolangatta, QLD 4225

DEVELOPERS, BUILDERS, INVESTORS & LAND BANKERS YOU DON'T WANT TO MISS THIS HIGHLY SOUGHT-AFTER ONCE IN A GENERATIONAL LAND OFFERING!

Sheldon Paris of Raine & Horne Elite is proud to exclusively introduce to the market Lot 3 Dixon Street, Coolangatta ("Mahalo").

Mahalo, in the heart of Coolangatta, is an elevated block spanning a substantial 2,746sqm This blue-chip land lot with a DA approval presents a never to be repeated height limit of 18 stories with 68 apartments and a commercial area on the ground level in a prominent position with ocean views of one the best surf breaks & beaches in the world.

Located in one of the most sought after coveted and very tightly held Gold Coast precinct Coolangatta, and being only 150m to the world-famous Greenmount Beach, this sensational parcel of land won't last long.

Property Highlights:

• Architecturally designed DA approved with a never to be repeated height limit of 18 stories*

• Approved for 68* apartments with a commercial area on the ground level

• Monumental, elevated block spanning 2,746sqm*

• Prominent position with uninterrupted ocean views of world-famous Greenmount beach

Gold Coast Bulletin Article* recently just stated that the Gold Coast needs 50 new towers to be built every single year for the next decade to meet state-set housing targets. The Regional Plan projects an annual dwelling supply target of 4,010 new high-rise units (in a format of 9-storeys or more) per annum on the Gold Coast. This potential project represents the sought development outcome by the State Government through their housing targets for the Gold Coast.

Location:

• Approximately 150m* to Greenmount Beach

• 75m* to Coolangatta restaurant and café precinct

• 100m* to public transport and parking

• 3km* to Gold Coast Airport

• Strategically located in one of the Gold Coast's most in-demand growth precincts, Coolangatta

• Surrounded by world famous surf breaks including Kirra, Greenmount, Rainbow bay, Snapper Rocks, and Duranbah

In the marketplace we are seeing unprecedented amount of interest from local, interstate, and international buyers looking to purchase on the Southern end of the Gold Coast, especially between Broadbeach and Duranbah. The massive supply/demand issue coupled with record breaking apartment sales skyrocketing month-on-month makes this the perfect opportunity for the new purchaser to capitalise on the severe shortages especially in the owner-occupier market place!

Disclaimer: *Approximately/ STCA. Borders, images & locations may be indicative only. Rates of return are estimates only. Outgoings are as supplied by the owner. The Agent/Agency has not independently checked any of the information we merely pass it on. We make no comment on and give no warranty as to the accuracy of the information contained herein and no part of this material should be relied upon in forming any financial decision by you, the reader. All persons reading this material 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, advice or as is otherwise necessary. No duty of care is assumed by the Agent/Agency toward the recipient with regard to the use of this information and all information given is given without responsibility or liability.