Land/Development for Sale

2931 Gold Coast Highway (31 Aubrey Street) Surfers Paradise, QLD 4217

EOI Closing Thursday, 19 November at 4:00pm AEST.
  • Building/Land: 1,164m²

Contact the agent if you'd like further information.

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Land/Development for Sale in Surfers Paradise

Tessera Portfolio (Asset 1) | Fully Leased Surfers Paradise Corner Freehold with Unlimited Development Upside

  • Building/Land: 1,164m²

Tessera Portfolio | Asset 1 of 4

Jackson Rameau and Josh Cameron of RWC Pacific Group are pleased to present a rare opportunity to secure a fully leased 1,164 sqm* corner freehold on the Gold Coast Highway in the heart of Surfers Paradise.

The property is 100% leased across four ground-floor retail tenancies, including ALH Group (part of ASX-listed Endeavour Group), nine residential apartments under a single head lease to 2030, and a freestanding digital billboard. The result is a diversified, low-maintenance income stream with built-in growth.

Positioned at the intersection of Gold Coast Highway and Aubrey Street, the site has exceptional exposure to passing traffic and pedestrians. It is 140m* from Northcliffe G:link and moments from the beach.

High Density Residential zoning with an HX designation (no mapped building height limit) positions this as one of the most compelling long-term development holdings on the coast (STCA).

Key Features:

  • Net Passing Income: $640,258.96* per annum + GST
  • 1,164 sqm* landmark corner holding with unrestricted height potential, zoned High Density Residential (HX)
  • 100% leased across three income streams: four retail tenancies, ten apartments and a digital billboard
  • Anchored by ALH Group (Endeavour Group)
  • Retail leases with 3% to 4% fixed annual increases
  • Residential head lease to Coastal Letting Co until 2030 with 5% annual reviews, so the owner has no apartments to manage
  • Billboard tenant has agreed in principle to a new 10 year lease
  • Future potential for high-rise apartments, short-term accommodation or retirement living (STCA)
  • High exposure on the Gold Coast Highway with extensive street frontage
  • Paved forecourt and outdoor dining
  • 140m* to Northcliffe G:link, 300m* to the beach and 1.2km* to Cavill Avenue
  • Surrounded by high-rise residential and tourist accommodation

For Sale via Expressions of Interest closing 4:00pm (AEST) Thursday 19 November 2026, unless sold prior. Please contact the exclusive agents to arrange an inspection.

This property is Asset 1 of the Tessera Portfolio, four freehold assets across Surfers Paradise and Burleigh Heads. Buy one or buy all four. The owners are genuine and highly motivated to sell.

For more information or to arrange a private inspection, please contact the exclusive marketing agents Jackson Rameau on 0438 451 112 or Josh Cameron on 0497 885 939.

Disclaimer*
The website may have filtered the property into a price bracket for website functionality purposes. RWC Pacific Group have not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches or as is otherwise necessary. No duty of care is assumed by JR Commercial Pty Ltd trading as RWC Pacific Group divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
*Approximately.

Building:

1,164m²

Land:

1,164m² / 0.28 acres

Tenancy:

Tenanted

Categories:

Land/Development, Retail

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.

2931 Gold Coast Highway (31 Aubrey Street), Surfers Paradise, QLD 4217
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