Burleigh Heads property ready to set a new benchmark

A high-profile corner location on the Gold Coast is expected to set a benchmark for Burleigh Heads property sales, as the area becomes the premier residential and lifestyle destination in Southeast Queensland.

Located at 1 Connor Street, the prime 202sqm corner site comprises a 186 sqm ground floor retail building which is currently occupied by two food-based retailers. The high-profile corner site has exposure to over 260,000 cars per week and significant amounts of foot traffic.

Mark Witheriff and Nick Kennedy of CBRE Gold Coast are managing the sale.

Burleigh Heads has become the Gold Coast’s premier lifestyle location with the construction of premium residential and tourism properties such as the $450 million 5-star hotel ‘Mondrian’ which is a two-tower development including a 208-room hotel and a residential tower of 89 luxury premium residential apartments.

“1 Connor Street lends itself as an opportunity for an investor or owner-occupier to reposition and transform this corner site, into a landmark retail offering in the heart of Burleigh Heads alongside some of the best dining offerings in Southeast Queensland,” Mr Witheriff said. 

“Burleigh Heads currently has multiple premium new residential towers under construction and residents will be seeking new retail offerings to cater for the lifestyle that this suburb has now come to expect.”

Mr Kennedy added, “Stage 3A of the light rail is expected to be completed by 2025 and is anticipated to provide 25,000 extra public transport trips per day further improving accessibility to the area, which in turn will drive the quality of offerings throughout the precinct.” 

The sale is being managed via an Expression of Interest campaign closing 25th July 2024.