A major development site situated in the heart of the Chevron Island Village is being presented to the market, offering the potential to develop an island lifestyle precinct. The 3,033sqm* site is being sold by Mark Witheriff and Nick Kennedy of CBRE and is poised to transform the Gold Coast skyline.
“Currently featuring 20 low-rise apartments, 17 Illawong Street, Surfers Paradise, will soon pave the way for Chevron Island's newest residential landmark. The proposed dual towers, spanning 31 and 36 levels, will boast state-of-the-art, resort-style amenities, and breathtaking views of the Gold Coast skyline. With a DA approval in place, buyers can expedite construction to meet the surging demand for this style of offering” said Nick Kennedy of CBRE Gold Coast.
Chevron Island offers a boutique village atmosphere whilst providing a high level of amenity, and the site benefits from a prime location near Chevron's retail district, pristine beaches, and the vibrant Surfers Paradise.
Mark Witheriff of CBRE went on to say "17 Illawong Street is situated within Australia’s highest growth region. The Gold Coast is projected to be the fastest-growing economy in Australia over the next four years. Limited premium apartment supply, coupled with unprecedented demand from local and interstate downsizers, continues to drive the apartment market.”
This exceptional property is available for sale via Expressions of Interest, closing Wednesday, 4th December 2024 at 4:00 PM (AEST).
