5 Fifth AvenueBurleigh Heads QLD 4220
Property Details for 5 Fifth Ave, Burleigh Heads
Last Listing description (November 2023)
Under instructions from Newpoint Advisory as receivers appointed, Colliers is pleased to present 5 Fifth Avenue, Burleigh Heads, a high profile multi tenanted retail complex located on a 1,012m* prominent beachside corner land holding.
Offering diversified holding income potential from 3 retail shops this holding boasts prominent Gold Coast highway frontage and onsite rear parking for 14 carparks.
Positioned within one of the Gold Coast most sought after residential precincts, this location offers very generous zoning provisions, with the existing area height limit being 53m, presenting exceptional re-development potential.
Property highlights include:
- 3 retail shops
- Tenants include 7-Eleven, a restaurant, plus an existing vacancy.
- High Profile beachside position adjoining McDonalds
- 389m* lettable area
- 1,012m* land area
- Within a 53m height precinct, offering major development upside potential
- 'Neighbourhood Centre' zoning allowing multiple uses (STCA).
- Net passing Income $73,782p.a* ($156,090p.a* projected net income upon 100% occupancy)
- Prominent corner position, high exposure to Gold Coast Highway, visibility to over 39,000* passing vehicles daily
- Very close walking distance to beach (100m*) and future G: Link station (300m*).
- Onsite rear parking for 14 cars
- Opportunity to Develop, landbank or hold and capitalise.
- Lot 22 on Plan 211052
For Sale via Auction Thursday 14th December 2023 at 11am (AEST).
Auction Location: Colliers Gold Coast
Level 2, 3184 Surfers Paradise Blvd, Surfers Paradise QLD 4217
Contact Collier's exclusive agents, Steven King OR James Crawford via the agent links for more information.
* All figures are approximate.
~ outlines indicative only.
Property History for 5 Fifth Ave, Burleigh Heads, QLD 4220
- 15 Feb 2024Transferred for $6,150,000
- 16 Nov 2023Listed for Sale Auction 14 December at 11:00am
- 07 Nov 2022Sold for $5,595,000
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0About Burleigh Heads 4220
The size of Burleigh Heads is approximately 10.2 square kilometres. There are 23 parks, covering nearly 16.0% of the total area. The population of Burleigh Heads in 2016 was 10077 people. By 2021 the population was 10572 showing a population growth of 4.9% in the area during that time. The predominant age group in Burleigh Heads is 30-39 years. Households in Burleigh Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burleigh Heads work in a professional occupation.In 2021, 63.20% of the homes in Burleigh Heads were owner-occupied compared with 60.20% in 2016.
Burleigh Heads has 9,494 properties. Over the last 5 years, Houses in Burleigh Heads have seen a 48.49% increase in median value, while Units have seen a 61.92% increase. As at 31 July 2026:
- The median value for Houses in Burleigh Heads is $1,930,528 while the median value for Units is $1,275,027.
- Houses have a median rent of $1,300 while Units have a median rent of $875.
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