Government offers redundant Gold Coast site
A prominent block, vacant since the start of construction of the Gold Coast light rail project 16 years ago, is being released by the Crisafulli government as it moves to unlock under-utilised state-owned sites for housing.
The 5420 square metre parcel on Scarborough Street, Southport, opposite the Southport Priority Development Area, is expected to accommodate a mixed-use project with c300 apartments.
The state this week called for private sector proposals.
Releasing under-utilised and redundant sites was a pledge by the Liberal National Party ahead of its decisive 2024 election win.
Last October it appointed a developer for a $100m mixed-use project containing 27 dwellings, an 18-berth marina and food and drink precinct at The Spit.
Another Scarborough Street project
The Scarborough St holding was acquired and cleared during construction of the original G: Link light rail route, which opened in 2014.
It is also walking distance to Griffith University and the Gold Coast Health and Knowledge Precinct with the Gold Coast University Hospital and near Carey Park, the proposed site of the Gold Coast Arena indoor entertainment venue
Under the campaign, developers are invited to deliver a residential-based mixed-use project (continues below).
Elsewhere in the street – at #5-9 – the state’s Department of Housing and Public Works is building a 26 level public housing complex with 200 dwellings.
Canford is also marketing a block beside that (#13) – permit ready for two towers, the tallest, 66 levels.
Another Southport sale
The listing comes six months since realestatesource.com.au reported Strada Group, led by Scott Barlow and the major owner of Sydney Football Club, banked $44.7m for a Southport office on 4773 sqm in the Southbank Priority Development Area.
Also recently in the suburb, Autosport Group Limited bought an 8785 sqm parcel for a Mercedes-Benz dealership while the office and studio home to radio station Hot Tomato 102.9 traded between investors.
Southport is about seven kilometres north of Surfers Paradise.
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