46 Sarawak Avenue, Palm Beach, QLD 4221 | Commercial for sale | OnTheHouse
 
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46 Sarawak Avenue
Palm Beach QLD 4221

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Land area: 809m2
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Exclusive Childcare/Townhouse Development Opportunity in Palm Beach

Adam Grbcic from Kollosche Commercial is proud to present to the market 46 Sarawak Avenue, Palm Beach QLD ('The Site').
This is an exceptional opportunity to acquire a boutique development site in one of the Gold Coast's most tightly held and sought-after coastal suburbs. Situated on a prominent corner position with dual street frontage to Sarawak Avenue and Tahiti Avenue, the site offers outstanding exposure, access, and future development flexibility.
Approved for a purpose-built childcare centre accommodating 76 places, the site delivers an ideal investment for operators seeking to establish a high-quality early education facility in a rapidly growing catchment area. The architectural design includes generous outdoor play areas, lift access, and basement parking for 19 vehicles.
Alternatively, the underlying Medium Density Residential zoning allows for other development outcomes, including boutique townhouses (STCA), providing scope for residential developers to capitalise on surging demand for premium living in this prime Palm Beach locale.
The Key Attributes Include:
• Total land area: 809m²*
• Development Approval for a two-level childcare centre
• 76-place capacity across five learning rooms with integrated outdoor play areas
• 506.1m²* of Gross Floor Area and 64%* site cover
• 19 secure basement car spaces
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Property Details for 46 Sarawak Ave, Palm Beach

Building Type
Commercial
Land Size
809m2
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About Palm Beach 4221

The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16.0% of total area. The population of Palm Beach in 2016 was 14654 people. By 2021 the population was 16349 showing a population growth of 11.6% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation.In 2021, 60.60% of the homes in Palm Beach were owner-occupied compared with 55.20% in 2016.

Palm Beach has 10,585 properties. Over the last 5 years, Houses in Palm Beach have seen a 94.55% increase in median value, while Units have seen a 110.66% increase. As at 31 October 2025:

  • The median value for Houses in Palm Beach is $1,982,868 while the median value for Units is $1,175,325.
  • Houses have a median rent of $900 while Units have a median rent of $800.
There are currently 75 properties listed for sale, and 29 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 540 properties were sold in the past 12 months in Palm beach.

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Adam Grbcic
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