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Description: Expressions of Interest Campaign Closing on Monday 29th June 2026 at 4.00pm - Seller will Consider Earlier Offers*
45 Cypress Avenue, Surfers Paradise, presents a truly rare and tightly held opportunity to secure an entire high-rise building on a single title in one of the Gold Coast’s most sought-after waterfront precincts.
Rising 10 floors and commanding an enviable position on the banks of the Nerang River, this asset offers uninterrupted southern and westerly views that capture sweeping water vistas, glowing sunsets, and the dynamic Hinterland skyline beyond.
Perfectly positioned on a prominent corner within the highly regarded “Budds Beach” pocket, the property enjoys a unique blend of tranquillity and connectivity. Budds Beach is renowned for its quiet residential character while remaining just moments from the vibrant heart of Surfers Paradise. This rare balance makes the site exceptionally appealing for future redevelopment, lifestyle-driven projects, or boutique luxury accommodation.
With expansive river frontage and dual aspects, the building benefits from excellent natural light, cross-ventilation potential, and uninterrupted outlooks from multiple levels. The elevated position enhances privacy and view corridors, ensuring any future redevelopment capitalises on both the water and skyline perspectives.
Offered for sale via Expression of Interest, the property represents an exceptional redevelopment canvas. The scale and configuration of the site provide flexibility for a range of high-end outcomes, including a boutique residential development featuring one or two luxury residences per floor. Such a concept would align strongly with the growing demand for low-density, high-quality “River-Front” living in premium Gold Coast locations.
The surrounding precinct continues to evolve, with strong interest in upscale residential projects and an increasing scarcity of large, single-title redevelopment sites so close to Surfers Paradise. This positions 45 Cypress Avenue as a strategic long-term holding or transformation opportunity for developers, investors, and visionary buyers alike.
Whether envisaged as a landmark boutique apartment building, a luxury “off-river” residential scheme, or a bespoke redevelopment capturing the essence of Gold Coast waterfront living, this property offers scope, scale, and a setting rarely found in today’s market.
Opportunities of this calibre, combining “River-Front” positioning, corner exposure, height, and redevelopment flexibility in a blue-chip location, are exceptionally limited.
45 Cypress Avenue stands as a standout offering within the Surfers Paradise landscape, ready to be reimagined into a premier residential address.
Inclusions*:
9 x 2-bedroom Apartments
1 x 3-bedroom split level Penthouse with Roof Top Terrace
11 x Basement Car Spaces (1 space per unit + 1 wash bay)
Tenancies*:
12 Month Leases - Expiring from Sept 26 to May 27*
Rental - $6675 pm Gross / $347,100 pa Gross*
Improvements:
A New lift has recently been installed
Development Potential*:
An Uplift in Development Potential on the Site should be Possible, Subject to Negotiations with Council.*
*Disclaimer*:
Regarding the content of this information, every effort has been made to ensure that it is accurate. All Interested parties should undertake their own enquiries Inspections and searches as to the accuracy of this Information. Re/max Regency disclaim any implied warranty or representation about its accuracy, completeness or appropriateness for any particular purpose. This includes but is not limited to information provided by any third party.
The seller reserves the right to terminate the Expressions of Interest Campaign prior to 4pm on 29th June 2026
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