47 Rankin Parade, Main Beach, QLD 4217 | House for sale | OnTheHouse
FOR SALE
For Sale - $4,295,000

47 Rankin Parade
Main Beach QLD 4217

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 405m2
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ENTIRE BLOCK OF 3 FLATS - BROADWATER VIEWS - LUXURY HOME REDEVELOPMENT SITE

Discover the exceptional potential of this prime land parcel at 47 Rankin Parade, Main Beach a rare and highly sought-after opportunity for astute investors and developers in one of the Gold Coast's most tightly held coastal suburbs.
This 405m²* level block is positioned in the heart of Main Beach overlooking the glorious Broadwater, less than 400m* from patrolled beaches and just 100m* from the vibrant Tedder Avenue precinct. The site currently houses an original brick apartment complex comprising three well-maintained dwellings: one two/three-bedroom apartment and two one-bedroom apartments, all with plenty of parking.
Offering immediate holding income from existing tenancies, the property also presents outstanding redevelopment prospects. With a desirable Broadwater aspect and surrounded by premium residential homes, the site is ideally suited for a future residential development offering amazing Broadwater views.
Its blue-chip location moments from the beach, Broadwater, and marina also makes it highly appealing as a land banking opportunity, with strong potential for long-term capital growth in a suburb undergoing significant regeneration.
The Highlights:
• Original apartment block on a 405m²* level site with significant redevelopment potential
• Broadwater aspect in highly sought after location
• Less than 400m* to patrolled beaches and 100m* to Tedder Avenue restaurants, cafés and retail
• Excellent land bank opportunity with scope for a residential project
• Apartments feature open-plan kitchen, living and dining areas, patios or balconies, bathrooms, laundry facilities and car parking
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Property Details for 47 Rankin Pde, Main Beach

47 Rankin Pde, Main Beach is a 4 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 405m2. The place is currently for sale with Ray White Main Beach.

Building Type
House
Land Size
405m2
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About Main Beach 4217

The size of Main Beach is approximately 3.1 square kilometres. There are 5 parks, covering nearly 46.3% of the total area. The population of Main Beach in 2016 was 3883 people. By 2021 the population was 3998 showing a population growth of 3.0% in the area during that time. The predominant age group in Main Beach is 60-69 years. Households in Main Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Main Beach work in a professional occupation.In 2021, 66.60% of the homes in Main Beach were owner-occupied compared with 55.10% in 2016.

Main Beach has 4,104 properties. Over the last 5 years, Houses in Main Beach have seen a -11.84% decrease in median value, while Units have seen a 93.27% increase. As at 30 June 2026:

  • The median value for Houses in Main Beach is $2,906,865 while the median value for Units is $1,658,878.
  • Houses have a median rent of $1,450 while Units have a median rent of $950.
There are currently 74 properties listed for sale, and 20 properties listed for rent in Main beach on OnTheHouse. According to Cotality's data, 271 properties were sold in the past 12 months in Main beach.

Suburb Insights for Main Beach 4217

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Michael Willems
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Ray White Main Beach
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.