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Sapphire Site, Da Approved - High Density Mixed-Use Development SiteProperty ID 1498988This landmark development site is situated 500m* to the heart of Surfers Paradise's retail and entertainment precinct and lifestyle hub of Queensland's Gold Coast. It is also within short walking distance to Gold Coast Beach, and in immediate proximity to the new Light Rail.
"Sapphire" encompasses a whole city block approximately 11,848sqm* in size (1.18 ha), and has a DA Approved for 1,000 apartments, plus 680sqm* of retail space and community facilities over two towers, 12 months leaseback at 5%* net yield and stunning design by renowned award winning architects DBI.
This represents an outstanding opportunity for a developer to deliver an extraordinary addition to one of the world's premier skylines.
The property is for sale by Expressions of Interest closing Wednesday 3rd August 2016 at 3pm (AEST).
**This property is being sold by Expressions of Interest or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.