Ultra-Rare Gold Coast Opportunity Expands Development Potential


May 2024
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Ultra-Rare Gold Coast Opportunity Expands Development Potential

Located at 3 Dixon Street, Coolangatta, this property is 150m from renowned Greenmount Beach and also comes with DA approval for 68 apartments and a commercial space spanning 18 stories, with the potential to go even higher to 21 storeys.

Sheldon Paris of Raine & Horne Elite commented:

“The height limit of this sensational site being 18 storeys is ultra-rare and likely to never be repeated in the area, with the potential to yield three extra levels to rise to 21 floors making this truly a landmark site on the southern end of the Gold Coast”

The elevated 2,746 sqm block is situated in one of the Gold Coast's most sought-after growth precincts, providing convenient access to the Gold Coast airport, as well as world-renowned surf breaks such as Snapper Rocks, Rainbow Bay, Greenmount, Kirra, and Duranbah.

“The significance of the approved height limit, coupled with the extreme lack of supply of housing in the marketplace, means this is an opportune time for an array of astute purchasers to capitalise.” 

3 Dixon Street, Coolangatta, is for sale via Expressions of Interest, closing on the 21st of June at 5 pm. 

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