116 The Esplanade, Paradise Point
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DA Approved Esplanade Development Site
Premium Development Opportunity | One of Paradise Point’s Finest Absolute Esplanade Sites
A truly exceptional opportunity to secure what is arguably one of the most tightly held and strategically positioned development sites on Paradise Point’s prestigious Esplanade.
The last available block, positioned directly opposite the Broadwater with uninterrupted east-facing water views across to Sovereign Islands, this 880m² parcel presents an increasingly rare chance to acquire a premium site with Development Approval already in place for an exclusive three-level luxury apartment development. With planning complete, significant time and holding costs have already been eliminated, allowing a developer to move towards construction sooner.
Designed to become one of Paradise Point’s most prestigious boutique residential addresses, the approved plans showcase an ultra-luxury apartment complex featuring expansive residences, secure underground parking, premium architectural design and a level of exclusivity rarely available in this tightly held waterfront enclave.
For developers, the opportunity is clear:
● Premium absolute Esplanade location.
● DA approval already secured.
● Existing architectural plans and renders available.
● Highly desirable east-facing aspect.
● Uninterrupted Broadwater and Sovereign Islands outlook.
● Steps to the sandy beach and waterfront parklands.
● Located within one of the Gold Coast’s strongest prestige growth corridors.
For land bankers and long-term investors, opportunities of this calibre are becoming increasingly scarce. Large waterfront development sites along The Esplanade are exceptionally limited, with strong underlying land value supported by an affluent demographic, restricted future supply and continual demand for premium waterfront residences.
While the approved development offers an outstanding pathway for immediate value creation, the site also provides flexibility for those wishing to secure and hold a blue-chip waterfront asset for the future.
Alternatively, those seeking to create an extraordinary private residence will appreciate the opportunity to construct a world-class waterfront home in one of the Gold Coast’s most coveted positions.
Property Highlights
● 880m² premium waterfront allotment
● East-facing aspect
● Development Approval for an exclusive three-level luxury apartment development
● Approved plans and architectural renders available
● RES B zoning
● Cleared site, ready for construction
● Less than 20 metres to the sandy Broadwater beach
● Uninterrupted views across the Broadwater to Sovereign Islands
Beyond the site itself lies the lifestyle that has made Paradise Point one of the Gold Coast’s most desirable coastal villages. The Esplanade’s waterfront walking paths, mature palm-lined foreshore, parks and swimming beaches connect seamlessly to Paradise Point Village, home to boutique cafés, award-winning restaurants, local shopping and a vibrant calendar of community events.
Despite its peaceful village atmosphere, the location offers exceptional convenience, with Sanctuary Cove approximately 10 minutes away, Southport within 20 minutes and easy access to both the Gold Coast and Brisbane Airports.
Opportunities to secure development-ready waterfront land of this calibre are exceptionally rare. Whether your objective is to deliver a landmark luxury development, land bank an irreplaceable waterfront holding, or create one of Paradise Point’s finest private residences, 116 The Esplanade represents an opportunity that is unlikely to be repeated.
We proudly welcome collaboration with fellow real estate agents, buyer’s agents, project marketers, mortgage brokers and other industry professionals. If you have a client who could benefit from this exceptional opportunity, we look forward to working together to deliver an outstanding outcome for all parties.
Disclaimer: In preparing this information, we have used our best endeavours to ensure the information contained herein is true and correct. However, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein.
