PRD Coolangatta/Tweed 12/56 Griffith Street Coolangatta, QLD, 4225 07 5536 5526
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40 Boundary Street
tweed heads
NSW, 2485

AUCTION

listing rooms 8
listing bathrooms 5
listing parking 2
Property: 443 sqm

DEVELOPMENT SITE - STEPS TO RAINBOW BAY

FIVE EXISTING UNITS | R3 ZONING | 443m² | 19.9m FRONTAGE

A rare 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
Unit 2: 1 bed, 1 bath | Lease expires 18.10.2026 | $420/week
Unit 3: 1 bed, 1 bath | Vacant
Unit 4: 2 bed, 1 bath | Lease expires 03.05.2027 | $575/week
Unit 5: 2 bed, 1 bath | Periodic lease | $580/week
Shed 6: $150/month | No lease
Shed 7: $500/month | No lease

Disclaimer:
All information provided, including but not limited to property measurements, floor areas, pricing, addresses, and general property descriptions, is supplied for convenience only. This information has been sourced from third parties and provided to PRD Coolangatta / Tweed Heads, and while believed to be reliable, its accuracy cannot be guaranteed.
PRD Coolangatta / Tweed Heads makes no representations or warranties as to the completeness or accuracy of the information and accepts no responsibility or liability for any loss, damage, injury, claim, or expense (whether direct, indirect, incidental, or consequential) arising from reliance upon or use of the information, or from any errors or omissions contained herein.
Prospective purchasers should not rely solely on the information provided and are strongly encouraged to make their own independent enquiries and seek appropriate legal and professional advice in relation to any property. All prices and details are current at the time of publication and are subject to change without notice.

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About tweed heads

median Unit price

950000

suburb growth

9.5%

median Unit rent

750

suburb rental yield

4.1%

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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