Hitting the market for the first time in nearly half a century, this oversized 607m2 beachfront block represents a coveted opportunity. A rare gem gleaming with untapped potential, it rests directly across from Tugun's coastline and Wyberba Street Reserve, promising a prime location to capitalise on. Boasting an impressive 15m street frontage, 40m depth, and Medium Density Residential zoning, the possibilities are as enticing as the uninterrupted ocean views. Knock-down and rebuild a dream home that captures the essence of beachside living or elevate the site with an exclusive collection of boutique apartments or luxury villas (STCA). Currently, the existing dwelling comprises four 2-bedroom, 1-bathroom units with partial updates, and could act as a savvy investment strategy while you explore your lucrative options. With its friendly village atmosphere and laidback charm, Tugun is much loved as a cruisy coastal hamlet. Cross the road to swim at patrolled beaches, picnic at the foreshore parklands or tackle the 36km Oceanway cycle and walking trail that shadows the Gold Coast's iconic coastline. Tugun SLSC is footsteps away, plus make the most of being a short stroll to artisan cafes and boutiques. Part of the World Surfing Reserve, locals also love the fact you just might get the waves all to yourself! Sporting fields, John Flynn Private Hospital and the Gold Coast Airport are also nearby, ensuring all your needs will be well met in this exceptional location. Seize this unparalleled opportunity to shape the Tugun beachfront with a beautiful brand new home or iconic development. Inspect today! Property Specifications: • Tightly held beachfront opportunity - released for sale for first time in 45 years • DA Approved * 7 Luxury Units • Rare 607m2 block in a prime location, across from Wyberba Street Reserve and Tugun Beach • Zoned Medium Density Residential • Block boasts an impressive 15m street frontage, 40m depth and uninterrupted ocean views • Explore your enticing options: knock-down and rebuild your dream home or develop the site with luxury villas or boutique apartments (STCA) • Existing dwelling comprises 4 x 2-bed, 1-bath units (some with partial updates) • Part of a cruisy coastal hamlet renowned for its friendly village atmosphere and laidback charm • 70m walk to Tugun SLSC and 200m to Tugun Village artisan cafes, restaurants and boutiques (approx.) • Short drive to sporting fields, John Flynn Private Hospital and Gold Coast Airport Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
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Property ID: 146431680