Attention Developers, Renovators & Land Bankers - RD 5 Zoning, 15m Height Limit

An exceptional opportunity awaits in one of Paradise Point’s most tightly held and highly sought-after locations. Positioned just metres from the Broadwater, expansive parklands and the vibrant Paradise Point Village, this property presents massive upside for developers, renovators and savvy land bankers alike.

Set on a 506m² block with RD5 zoning, the site allows for 3 storeys / 15-metre height limit, with the potential to exceed standard density (STCA) in line with other developments in the immediate area. This is a prime chance to capitalise on a premium coastal lifestyle location with strong future growth prospects.

The site is currently improved with a substantial, well-constructed original home comprising 3 bedrooms and 2 bathrooms, providing flexibility to hold, lease or renovate while planning future development. A tenant is already in place, returning a $950 per week, offering immediate income.

Key Features:
• Prime Paradise Point position just metres from the Broadwater
• 506m² block
• RD5 zoning | 3 storeys / 15m height (potential to exceed density STCA)
• Surrounded by parkland, lifestyle amenities and village dining
• Existing 3-bedroom, 2-bathrooms, dual living design, extensive entertaining areas, solid construction
• Holding income of $950 per week

Opportunities like this in Paradise Point are increasingly rare. Whether you’re looking to develop now, land bank for the future or add value through renovation, this is a standout investment in a blue-chip coastal enclave.