Perfectly positioned in one of the Gold Coast's most sought-after coastal pockets, 5 Karbunya Street offers an exceptional opportunity for astute buyers, developers, or those seeking the ultimate beachside lifestyle. Sitting proudly on a generous 806m² corner block, this address is all about location, just 650m walking distance from Nobby Beach, vibrant dining precincts, premier sporting facilities and convenient transport options connecting you to the rest of the city.
With dual street access, 9m maximum building height and potential for a duplex or triplex development (subject to council approval), this property is ready for its next exciting chapter. Whether you renovate, rebuild, or redevelop, the future is bright in this tightly-held enclave.
This property is going to Auction on Wednesday 26th November at 11am in-rooms. If not sold prior!
(Level 1, 16 Queensland Ave, Broadbeach - Coastal Building)
Redevelopment & Location Highlights:
- 806m² corner block
- Dual driveway access - ideal for redevelopment
- Duplex/triplex potential (STCA)
- 9m height limit offering multi-level design options
- 650m to Nobby Beach & Nobby Surf Club
- 600m to The Oxley 1823 dining precinct, restaurants & boutique cafes & shops
- 250m to tram stop for easy travel North & South
- 700m to Waterways Shopping Village (IGA, chemist, bakery & more)
- Short walk or ride to Pizzey Park - premier sports & recreation hub
Notable Features:
- 4 bedrooms (4th would be ideal as a study or bedroom)
- 2.5 bathrooms (main ensuite + family bathroom + powder room)
- 2 living areas - one with cosy fireplace and both separated by beautiful arched ceilings
- Well-appointed kitchen with stone bench tops, induction cooktop, smeg dishwasher, Bosch oven and walk-in pantry
- Spacious main bedroom with walk-in robe, main ensuite has double basins, shower, spa bath and toilet
- Second bathroom has bath/shower and toilet
- Air-conditioning in main living, main bedroom & 4th bedroom/study
- Fully fenced swimming pool
- 7 Solar panels
- Undercover patio, perfect for morning coffee
- Separate laundry with ample storage
- Lush landscaped gardens & 3m x 3m shed
- Secure parking: 2-car garage + workshop + carport + gated additional space
Financials:
- Council rates $3,192 (approx. per annum)
- Water rates $1,480 (approx. per annum)
- Projected rental of $1,500 - $1,600 (approx. per week)
Travel to:
- Nobby Beach Surf Club - 650m
- Nobby Beach - 650m
- The Oxley 1823 village market & dining - 600m
- Waterways Shopping Village - 700m
- Pizzey Park Sports Precinct - 1.4km
- Miami State School / Miami High - within minutes
- Pacific Fair Shopping Centre - 2.5km
- The Star Casino - 3.5km
- Broadbeach dining & entertainment - 3.5km
- Bond University - 5.6km
- Gold Coast Airport - 20km
- Tram & bus stops - 250m
A cherished family home today with enormous future potential, whether you update, invest, or design your dream coastal development, this exceptional location ensures strong long-term value. Opportunities like this in Mermaid Waters are truly rare.
For further information on this property please contact Grant & Cassandra Stephens on 0402 888 397 or email [email protected].
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.
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