One of the largest remaining private landholdings in Burleigh Heads is expected to be redeveloped into a high-rise apartment project after coming to market for the first time in nearly 80 years.
The 3800sq m site, comprising three titles between 7 and 28 Rudd Street, has been listed by Colliers International on behalf of the Christian Youth Council Australia.
The youth council said it had signed a short-term lease agreement to continue operating camps from the site while the incoming buyer navigated their approval process. It then plans to relocate the camp to a larger site on the Sunshine Coast.
“We have been successfully hosting camps for school-aged children at Burleigh since 1945 and this location is amazing,” Christian Youth Council director Andrew Grant said.
“After many years, we have simply outgrown this facility.”
The site, currently occupied by a three-bedroom residence, storage building, accommodation and camp facilities, adjoins the Burleigh Heads National Park and is within walking distance of Burleigh beach and Tallebudgera Creek.
Colliers International director of Gold Coast Steven King said the large site would offer an incoming developer a rare northern aspect to the ocean and Surfers Paradise.
“Other land holdings of a similar size and position simply do not exist on the headland,” King said.
“We anticipate the new owner will undertake some form of residential development in line with the residential and community zoning the site has and will likely investigate the additional 1000sq m of land which adjoins the site.”
Burleigh Heads and the wider Gold Coast area has become one of the nation’s busiest apartment markets in the past two years.
Beachfront properties and sites have benefited from demand from local and interstate developers looking to build for pandemic-inspired sea-changers as apartment supply levels continue to hit historical lows.
The Gold Coast housing market has been surging for two years, with Burleigh Heads one of the most sought after destinations. The city’s median price grew by 45 per cent for houses and 30 per cent for units last year.
The laid-back beachfront suburb is known for its national park backdrop, famous Norfolk pine-lined beach, burgeoning cosmopolitan scene and a world-class surf break.
During the past 12 months, the median sale price for an apartment in Burleigh Heads has soared by 43 per cent.
Developers have been quick to pounce on prospective sites off the back of heightened consumer demand and to futureproof their pipelines.
Earlier this year, Melbourne-based Gurner, alongside non-bank lender MaxCap Group, purchased a 1000sq m site at 1929 Gold Coast Highway and plans a $120-million, 80-apartment, 22-storey tower.
Similarly, Queensland developer Morris Property Group is pressing ahead with plans for a 200-apartment tower across a 2000sq m site at 1873-1875 Gold Coast Highway it acquired in 2021.
Meanwhile, veteran developer David Devine has plans to build a $100-million apartment tower across a 1000sq m site at 264 The Esplanade—adjacent to the North Burleigh Surf Life Saving Club.
