16 Beach RoadSurfers Paradise QLD 4217
Property Details for 16 Beach Rd, Surfers Paradise
Last Listing description (March 2023)
On behalf of the City of Gold Coast, Colliers is pleased to present for sale the 'Surfers Paradise Transit Centre & Bruce Bishop Car Park'.
One of the largest single landholdings in central Surfers Paradise this 1.8ha* site is perfectly positioned to redefine central Surfers Paradise for a world class, landmark development project with an unlimited height (HX) and mixed-use 'Centre' zoning.
Comprising of two major government constructed, owned and operated infrastructure assets, the Surfers Paradise Transit Centre & Bruce Bishop Car Park provides a current holding income with major upside potential from a range of opportunities including the re-positioning of the Transit Centre building and the ability to operate a commercial car park of 1,507 vehicle bays.
Located within close walking distance to the beach, Light Rail, and Cavill Mall, the site offers the potential for a staged development that could include residential apartments, hotel, office, retail and build to rent outcomes.
Property features include
- 18,137sqm land area^
- Mixed-use 'Centre' zoning
- Unlimited height, RD8 residential density (1 bed / 13sqm^)
- Two adjoining government infrastructure assets
- Constructed (1992) and operated by council
- Extensive refurbishment in 2013/2014
- 1,507 secure under cover car parks^
- 540 car parks across 2-levels of Bruce Bishop multi-deck^
- 967 car parks across 5-basement levels of the Transit Centre
- 27 x tenancy areas in the 3-level Transit Centre building^
- Three street frontages
- Holding income
- Potential to operate the commercial car park business
- Comprising lots 204 on SP139049, 100 on SP192008 & 311 on SP155618
The Surfers Paradise Transit Centre & Bruce Bishop Car Park is for sale via an International Tender closing Friday 29 April at 4pm (AEST).
For more information contact Colliers exclusive agents:
Steven King 0417 789 599
James Crawford 0423 601 063
Brendan Hogan 0422 561 295
^ approximately
~ outlines indicative only
Property History for 16 Beach Rd, Surfers Paradise, QLD 4217
- 10 Mar 2022Listed for Sale International Tender closing Friday 29 April
- 05 Jun 2019Listed for Rent - Price not available
- 18 Apr 2019Listed for Rent $40,000 / week
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0About Surfers Paradise 4217
The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2016 was 23689 people. By 2021 the population was 26412 showing a population growth of 11.5% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation.In 2021, 45.00% of the homes in Surfers Paradise were owner-occupied compared with 39.90% in 2016.
Surfers Paradise has 25,372 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 59.74% increase in median value, while Units have seen a 102.54% increase. As at 31 January 2026:
- The median value for Houses in Surfers Paradise is $2,517,380 while the median value for Units is $844,592.
- Houses have a median rent of $790 while Units have a median rent of $740.
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