45 Cypress Avenue, Surfers Paradise, presents a truly rare and tightly held opportunity to secure an entire high-rise building on a single title in one of the Gold Coast’s most sought-after waterfront precincts.

Rising 10 floors and commanding an enviable position on the banks of the Nerang River, this asset offers uninterrupted southern and westerly views that capture sweeping water vistas, glowing sunsets, and the dynamic Hinterland skyline beyond.

Perfectly positioned on a prominent corner within the highly regarded “Budds Beach” pocket, the property enjoys a unique blend of tranquillity and connectivity. Budds Beach is renowned for its quiet residential character while remaining just moments from the vibrant heart of Surfers Paradise. This rare balance makes the site exceptionally appealing for land banking, a future upgrade, lifestyle-driven projects, or boutique luxury accommodation.

With expansive river frontage and dual aspects, the building benefits from excellent natural light, cross-ventilation potential, and uninterrupted outlooks from multiple levels. The elevated position enhances privacy and view corridors, ensuring any future improvements capitalises on both the water and skyline perspectives.

Offered for sale via Private Treaty, the property represents exceptional value and the future potential for upgrades or an exceptional redevelopment canvas. The scale and configuration of the site provide flexibility for a range of high-end outcomes, including a boutique residential development featuring one or two luxury residences per floor. Such a concept would align strongly with the growing demand for low-density, high-quality “River-Front” living in premium Gold Coast locations.

The surrounding precinct continues to evolve, with strong interest in upscale residential projects and an increasing scarcity of single-title high-rise sites so close to Surfers Paradise. This positions 45 Cypress Avenue as a strategic long-term holding or transformation opportunity for developers, investors, and visionary buyers alike.

Whether envisaged as a holding asset or a landmark boutique apartment building, a luxury “off-river” residential scheme, or a bespoke redevelopment capturing the essence of Gold Coast waterfront living, this property offers scope, scale, and a setting rarely found in today’s market.

Opportunities of this calibre, combining “River-Front” positioning, corner exposure and potential for an upgrade or a redevelopment in a blue-chip location, are exceptionally limited.

45 Cypress Avenue stands as a standout offering within the Surfers Paradise landscape, ready to be reimagined into a premier residential address.

Features*:

9 x 2-bedroom Apartments
1 x 2-bedroom split level Penthouse with Roof Top Terrace
10 x Basement Car Spaces
1 x Wash Bay
Uninterrupted Water Views
Central Location - minutes to GC Famous beaches & Surfers Entertainment & Shopping Precent

Tenancies*:

12 Month Leases - Expiring from Sept 26 to July 27*
Rental - $6850 pw Gross / $360,000 pa Gross*

Improvements:

A New lift has recently been installed

Upgrading of fire Intercom / Alarm

Development Potential*:

An Upgrade and the Development Potential on the Site could be Possible, Subject to Negotiations with Council.*

*Disclaimer*:
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