1232-1238 Gold Coast Highway, Palm Beach, Qld 4221

For Sale

House

Type

Bedrooms

Bathrooms

Parkings

1,648 m²

Area

Published on Tuesday, October 13, 2026 ( See property details for 1232-1238 Gold Coast Highway, Palm Beach, Qld 4221)

Expressions of Interest closing 4th November 2026

Antonio Mercuri Principal and Director

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Luke Reaby SENIOR ASSOCIATE

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile development site in Palm Beach offering substantial land, existing income, and coastal proximity, with scope for premium residential or aged-care projects.

🏡 Property Highlights

Substantial 1,648m² landholding across four adjoining allotments
Prime location just 120m from the shoreline via Eleventh Avenue
Potential to develop up to 43.5m height subject to council approval
Existing four houses providing immediate holding income
Close proximity to Palm Beach cafés, dining, and coastal amenities
Zoned Medium Density Residential with a 29m base height limit

✨ Key Features

Built in robes
Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area
Garage
Pet-Friendly
Floorboards
Ensuite
Internal Laundry

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1232-1238 Gold Coast Highway

Palm Beach, QLD 4221

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Suburb and Property Insights of Palm Beach, QLD 4221

Palm Beach is a vibrant coastal suburb renowned for its relaxed lifestyle, stunning beaches, and boutique dining options. Its strategic location offers easy access to local cafes, scenic waterways, and recreational amenities. The area is ideal for developers seeking a premium site with strong growth potential. With proximity to natural attractions and a thriving community, Palm Beach continues to attract both residents and investors. The suburb’s medium density zoning supports diverse development opportunities, making it a highly desirable location for future growth.

Frequently Asked Questions

What are the development potential and restrictions for this site?

The site is zoned Medium Density Residential with a 29m height limit, with the possibility to seek up to 43.5m through impact assessment, subject to council approval. It offers scope for residential apartments, boutique developments, or aged-care facilities.

What is the current income potential from the existing houses?

The four existing houses provide immediate holding income while development plans are considered, offering a valuable income stream during the planning process.

Are there any planning or council approvals required for development?

Yes, any development exceeding the base height limit or altering the current zoning will require council approval, including impact assessments for increased height.

What are the key features of the property’s location?

The property is approximately 120m from the shoreline via Eleventh Avenue, close to local cafés, dining, and coastal amenities, making it highly desirable for lifestyle-focused development.

Is there scope for multi-storey development on this site?

Yes, the site has a base height limit of 29m, with potential to seek up to 43.5m through impact assessment, enabling multi-storey residential or mixed-use projects.

What to ask about this property to agent?

Are there any existing easements, covenants, or zoning restrictions that could impact development plans? What are the potential costs associated with obtaining council approval for increased height or density? Are there any known environmental issues, such as flood zones or bushfire risks, affecting the site? Is there any nearby construction or planning activity that could impact future development or lifestyle? What are the strata or body corporate considerations if developing multiple units or apartments?

1232-1238 Gold Coast Highway, Palm Beach, Qld 4221 - More Details

Expressions of Interest closing 4th November 2026

GV Property Group is pleased to present 1232-1238 Gold Coast Highway, Palm Beach - substantial 1,648m² landholding* comprising four adjoining allotments in Palm Beach.
With 40.32m of street frontage* and the shoreline just 120m away via Eleventh Avenue*, the property combines meaningful development scale with a connected coastal location. Positioned midway between Tallebudgera Creek and Currumbin Creek, local cafés and boutique dining are close by.

Zoned Medium Density Residential, the site has a 29m base height limit, with a pathway to seek up to 43.5m through impact assessment, subject to council approval. The holding offers scope to explore a premium residential apartment project, boutique development or integrated aged-care outcome, subject to relevant approvals.

Four existing houses provide holding income potential while design and development plans are considered.

Key Highlights:
- 1,648m²* consolidated holding across four 412m² allotments
- 40.32m* frontage to Gold Coast Highway
- Medium Density Residential zoning
- 29m height limit (code)
- Potential to seek up to 43.5m via impact assessment (STCA)
- Four existing houses with holding income potential
- Approximately 120m* to the shoreline via Eleventh Avenue
- Close to Palm Beach cafés, dining and coastal amenity

Expressions of Interest closing 4th November 2026 at 5pm.
For access to the sharefile and additional information, please contact the exclusive agents below:

Antonio Mercuri
0434 629 521
[email protected]

Luke Reaby
0417 888 411
[email protected]

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Type: House
Bedrooms: 12
Bathrooms: 8
Parkings: 8
Area: 1,648 m²

Map & nearby places — 1232-1238 Gold Coast Highway, Palm Beach, Qld 4221

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1232-1238 Gold Coast Highway, Palm Beach, Qld 4221

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