Property Details for Lot 700 Cheltenham Dr, Robina
Last Listing description (May 2023)
CBRE and Colliers are pleased to present to the market for sale an approved development site in a highly desirable location - Lot 700 Cheltenham Drive, Robina.
- 7,074sqm* site with 70m* frontage
- Walk to Council's major 241 ha Greenheart Parklands project (commencing 2023)
- Zoned Special Business - 8 storeys permitted
- Short stroll to Robina Train Station & Bus Interchange, Hospital, Bond University, TAFE and Robina Town Centre
Development land is scarce in Robina and approved sites are rare. This shovel-ready site benefits from a City of Gold Coast approved "Plan of Development", which allows for a range of uses including hospital, medical, aged care, commercial, self-storage and more, and provides significant town planning advantages and infrastructure charge benefits.
The successful purchaser will have a rare chance to capitalise on Robina's very strong investment fundamentals, including high demand for quality new medical and commercial property and very low rental vacancy rates, together with significant infrastructure investment, which will underpin continued strong demand for medical and other services.
Concept plans for a three-storey 5,000sqm office building, as well as a 3,000sqm medical building will be available in the due diligence package (available upon request). The site enjoys the benefit of an 8:1 plot ratio.
The site enjoys close proximity to the M1 Motorway and ease of access to a range of public transport options.
(All areas, distances, outlines are approximate only)
Property History for Lot 700 Cheltenham Dr, Robina, QLD 4226
- 07 Mar 2023Listed for Sale For sale via Expressions of Interest
Recent sales nearby
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0About Robina 4226
The size of Robina is approximately 15.3 square kilometres. There are 38 parks, covering nearly 25.6% of the total area. The population of Robina in 2016 was 23106 people. By 2021 the population was 25659 showing a population growth of 11.0% in the area during that time. The predominant age group in Robina is 20-29 years. Households in Robina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Robina work in a professional occupation.In 2021, 64.30% of the homes in Robina were owner-occupied compared with 62.30% in 2016.
Robina has 11,647 properties. Over the last 5 years, Houses in Robina have seen a 76.93% increase in median value, while Units have seen a 87.68% increase. As at 30 June 2026:
- The median value for Houses in Robina is $1,612,744 while the median value for Units is $995,643.
- Houses have a median rent of $1,000 while Units have a median rent of $850.
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