5 Haig Street, Coolangatta, Qld 4225

Less than 150 metres to the sands of Kirra Beach, and only 50 metres to Kirra Village restaurant, cafe & shopping precinct this ultra-rare offering presents an unmatched opportunity to acquire 1012m2 of prime beachside development land. This prime parcel comprises an existing complex of 8 apartments generating lucrative annual income returns. Offering exciting scope for developers to re-develop (STCA) or investors to improve and landbank , this is a rare and an unrivalled opportunity in one of the Southern Gold Coast's most in-demand locales. 

- 1,012m2 of exclusive beachside land just a 2 minute stroll to Kirra Beach 
- Metres to Musgrave Street's vibrant array of shops, cafes and restaurants 
- Existing complex of 8 apartments (7 x 2 bedroom, 1 x 3 bedroom)
- Current gross rental income approx. $210,000 p/a with scope to improve 
- Prime development opportunity to re-develop. 
- Code assessable maximum building height of 29 metres STCA 
- Impact assessable potential to increase height STCA 
- Attractive offering for investors to landbank and receive rental income 
- There is high demand for new apartments in Kirra and the Southern GC 
- Capitalise on the exploding popularity of the area as an investment hotspot 
- Minutes to iconic surfing breaks, SC University and the GC Airport 
- Contact Agent for information memorandum including town planning advice