5 Havana Key, Broadbeach Waters QLD 4218

Welcome to 5 Havana Key, Broadbeach Waters, perfectly positioned in one of Gold Coasts most coveted locations. For the first time in 45 years this quaint existing property is being offered to market, presenting unparalleled opportunity for redevelopment , ideal for duplexes or other medium-density projects. subject to Council approval*.

Key Features:
• Land Area: 556m² of prime Broadbeach Waters real estate
• Zoning: Medium Density Residential, allowing for significant redevelopment opportunities
• Frontage: 18m wide, providing enhanced design flexibility
• Existing Structure: Original 3-bedroom, 1-bathroom solid brick home with a double lock-up garage
• Potential: Ideal for renovation, rebuilding, or redevelopment into duplexes or similar (STCA)
• City Skyline Views: Experience stunning, unobstructed views of the city skyline facing to the East, creating an awe-inspiring backdrop to your everyday life
• Nestled in a quiet cul de sac position

Proximity to Key Destinations:
• Walking distance to Star Casino, and Broadbeach's vibrant dining and entertainment precinct
• Pacific Fair Shopping just minutes away with world class designer stores
• Close to patrolled beaches, making the sand and surf your playground
• Easy access to public transport, including light rail station

Offering a lifestyle of convenience- Enjoy the ease of living with local parks and popular cafes just moments away. Renowned schools and top-tier childcare facilities are within close reach, offering an excellent education for your family.
Broadbeach Waters is one of the Gold Coast's most sought-after locations, known for its central position, serene sparkling waterways and a high demand for quality constructed homes. With an 18 metre frontage and proximity to key amenities, this property offers exceptional potential for a lucrative redevelopment project.
Held in the same family for over four decades, this is rare chance to secure a property with such prime redevelopment potential in a tightly held location. The current structure provides a rental income opportunity while plans are made to capitalize on the site's full potential.

Act Now! This is your opportunity to create something extraordinary in one of the Gold Coast's most thriving areas. All offers prior to Auction are encouraged.
• Council Rates: $1,633.48 (approx) per half year
• Water Rates: $302.80 (approx) per quarter
• Estimated Rental Return: $850 - $900 per week

Auction Terms:
• Auction to be held On- Site 12:30pm on Saturday the 22nd of February, 2025.
• 5% deposit
• Settlement 30 days

Price Guide:
Due to the Auction Legislation, we are unable to provide you with an indication on price so you will need to conduct any research into pricing outside of our office (may I suggest the sold section on (realestate.com.au or Domain.com.au). I can confirm the sellers are committed in selling the property and will consider all genuine offers prior to Auction.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction 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.