45 Cypress Avenue, Surfers Paradise, Qld 4217

Expression of Interest Closing Monday 29 June 4pm*

Block Of Units
Type
21
Bedrooms
20
Bathrooms
11
Parkings
1,000 m²
Area

Published on Monday, June 01, 2026 ( See property details for 45 Cypress Avenue, Surfers Paradise, Qld 4217)

Expression of Interest Closing Monday 29 June 4pm*

Russel Segal Sales Associate Residential & Commercial
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, high-rise waterfront development opportunity in Surfers Paradise offering stunning views, flexible redevelopment potential, and strong income prospects.

🏡 Property Highlights

  • Rare opportunity to acquire an entire high-rise building on a single title in Surfers Paradise.
  • Uninterrupted water and skyline views from a prominent corner position on the Nerang River.
  • Potential for redevelopment into luxury residences or boutique apartments with flexible configurations.
  • Expansive river frontage with excellent natural light and cross-ventilation potential.
  • Strategic location in the sought-after “Budds Beach” precinct, balancing tranquility and connectivity.
  • Strong existing rental income with long-term tenants and recent lift installation enhancing accessibility.

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Balcony
  • Garage
  • Home Office / Study
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • NBN / High-Speed Ready

Surfers Paradise is a vibrant coastal suburb renowned for its iconic beaches, lively entertainment, and premium waterfront living. It offers excellent connectivity, a thriving lifestyle scene, and strong demand for high-end residential developments. The area combines tranquil riverfront settings with proximity to the bustling heart of the Gold Coast, making it ideal for luxury living and investment. Surfers Paradise continues to attract upscale projects, ensuring long-term growth and appeal for discerning buyers and developers.

What is the current rental income and lease terms for the property?
The property is currently leased with 12-month leases expiring from September 2026 to May 2027, generating a gross rental income of $347,100 per annum.
What redevelopment options are available for this site?
The site offers significant redevelopment potential, including boutique residential or luxury apartment projects, subject to council negotiations and approvals.
Are there any recent upgrades or improvements to the building?
Yes, a new lift has recently been installed to enhance accessibility across the building.
What are the views and natural light conditions like?
The building benefits from expansive river frontage, dual aspects, and elevated positioning, providing excellent natural light, cross-ventilation, and uninterrupted water and skyline views.
Is there scope for future development uplift on the site?
Yes, there is potential for an uplift in development capacity, subject to negotiations with the local council.
Are there any zoning restrictions or easements affecting the redevelopment potential of the site? What are the council requirements and approval processes for future development? Are there any existing defects or structural issues with the building? What are the potential costs associated with redevelopment or upgrades? Is the property located in a flood or bushfire-prone area? Are there any upcoming planning or construction activities nearby that could impact the property? What are the strata or body corporate arrangements, if applicable? Are there any hidden costs or fees associated with the property or its current tenancy agreements? Has the property been assessed for compliance with all relevant building and safety standards? Are there any restrictions on the types of development or use of the site?

45 Cypress Avenue, Surfers Paradise, Qld 4217 - More Details

Expression of Interest Closing Monday 29 June 4pm*

Type
Block Of Units
Bedrooms
21
Bathrooms
20
Parkings
11
Area
1,000 m²

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