{ "imageBase": "listings/10-garden-st-southport/images/", "meta": { "docType": "Information Memorandum", "title": "Premier CBD Development Site", "subtitle": "Surplus Land Holding – Must be Sold", "address": "10 Garden St, Southport QLD", "shortAddress": "10 Garden St, Southport QLD", "closing": "For Sale by Expressions of Interest, closing Thursday 22 October 2026 at 4pm (AEST).", "website": "www.knightfrank.com.au", "websiteUrl": "https://www.knightfrank.com.au", "logo": { "src": "logo.webp", "alt": "Knight Frank", "w": 480, "h": 173 }, "logoReversed": { "src": "logo-reversed.webp", "alt": "Knight Frank", "w": 480, "h": 173 }, "seoTitle": "Premier CBD Development Site | 10 Garden St, Southport QLD | Knight Frank", "seoDescription": "Premier 5,073m² approx. Southport CBD development site in Precinct 1 of the Southport PDA. Previous approval for 555 units. EOI closing Thursday 22 October 2026, 4pm AEST." }, "hero": { "src": "cover.webp", "caption": "", "w": 2000, "h": 1125, "alt": "Aerial view over the Southport CBD towards the Broadwater and Main Beach" }, "context": { "src": "aerial-context.webp", "caption": "10 Garden St, Southport QLD – aerial, looking west", "w": 2000, "h": 1125, "alt": "Aerial of 10 Garden St, Southport with the site outlined, looking west" }, "notice": "", "agents": [ { "name": "Brad Merkur", "company": "Knight Frank", "mobile": "0414 389 300", "email": "brad.merkur@au.knightfrank.com", "photo": "agent-brad-merkur.webp" } ], "intro": { "num": "01", "title": "Introduction", "body": [ "On behalf of the Vendor, Brad Merkur of Knight Frank Gold Coast is pleased to present for sale by Expressions of Interest this exceptional landmark development opportunity in the heart of the Southport CBD.", "Positioned within the Southport Priority Development Area (PDA), the property offers significant flexibility for a range of mixed-use, commercial and residential outcomes, subject to all relevant approvals (STCA^). Potential uses may include office, retail, residential apartments, student accommodation, serviced apartments, Build-to-Rent (BTR), aged care and other complementary uses.", "Its prominent CBD position is supported by excellent access to major public transport infrastructure, public and private hospitals, schools and tertiary education facilities, shopping centres, cafés, restaurants and bars. The Broadwater Parklands and Gold Coast Aquatic Centre are also nearby, together with Southport’s extensive commercial, recreational and lifestyle amenity.", "Southport continues to attract substantial public and private investment, with a number of major developments proposed or progressing across the CBD. Combined with the property’s strategic corner position, this ongoing investment presents an opportunity to deliver a significant project within one of the Gold Coast’s key metropolitan centres." ], "lists": [ { "title": "Key Features", "items": [ "Zoned Precinct 1 Southport PDA", "Previous approval for 555 units / 50 levels", "Potential for multi towers & staged development", "Other options for Mixed Use & Commercial Uses", "Adjacent to China Town & Light Rail and opposite future Mercedes Benz dealership", "Surrounded by all major amenities", "Outstanding 360-degree view corridor", "Ideal for Short & Long Term Uses", "An Abundance of Outcomes Possible" ] } ], "contactTitle": "Agent Contact", "footnote": "^Subject to Council Approval" }, "highlights": { "num": "02", "title": "Asset Highlights", "aspect": "19/10", "items": [ { "title": "Significant Development Potential", "body": "Prominent 5,073m²* Southport CBD site with favourable planning provisions supporting substantial future development outcomes.", "image": { "src": "highlight-development.webp", "caption": "", "w": 524, "h": 275, "alt": "Overhead view of the site with its boundary outlined" } }, { "title": "Previous Development Approval", "body": "The property previously benefited from Development Approval for 555 residential units, demonstrating the site’s development potential.", "image": { "src": "highlight-approval.webp", "caption": "", "w": 523, "h": 275, "alt": "Concept plan of a development overlaid on the site" } }, { "title": "Flexible Mixed-Use Opportunity", "body": "Potential for a range of residential, mixed-use and commercial outcomes, including retail, student accommodation, serviced apartments and Build-to-Rent (STCA^).", "image": { "src": "highlight-mixed-use.webp", "caption": "", "w": 523, "h": 275, "alt": "Concept image of a mixed-use tower with street-level retail" } }, { "title": "Prime Southport CBD Position", "body": "Strategically positioned adjacent to the G:link light rail, opposite the future Mercedes Benz dealership and within walking distance of Chinatown, Australia Fair, Broadwater Parklands and extensive CBD amenity.", "image": { "src": "highlight-cbd.webp", "caption": "", "w": 524, "h": 275, "alt": "Aerial view of the Southport CBD and the Broadwater" } } ], "footnote": "*Approximately. ^Subject to Council Approval. Concept images only." }, "overview": { "num": "03", "title": "Asset Overview", "table": { "cols": "minmax(0,1.15fr) minmax(0,1.15fr) minmax(0,.9fr)", "head": [ "Street Address", "RPD", "Area m²*" ], "rows": [ [ "67 Nerang Street", "Lot 4 RP227962", "1,706 m²*" ], [ "69 Nerang Street", "Lot 2 RP90784", "807 m²*" ], [ "69A Nerang Street", "Lot 1 RP90784", "420 m²*" ], [ "69B Nerang Street", "Lot 2 RP74800", "316 m²*" ], [ "71 Nerang Street", "Lot 10 RP4769", "1,214 m²*" ], [ "71A Nerang Street", "Lot 2 RP59487", "610 m²*" ] ], "total": [ "Total Site Area", "", "5,073m²*" ] }, "rows": [ { "label": "Property Address", "body": [ "10 Garden St, Southport QLD 4215" ] }, { "label": "Site Dimensions", "body": [ "Nerang Street 60 metres* (approx); Rawlins Street 80 metres* (approx)" ] }, { "label": "Site Description", "body": [ "The property comprises six adjoining sites at 67, 69, 69A, 69B, 71 and 71A Nerang Street, Southport, forming a substantial consolidated landholding within the Southport CBD. The sites are predominantly vacant with minor existing structures, with 69A Nerang Street improved with a squash courts building. The combined holding provides an irregular-shaped development parcel with extensive frontage and a strategic position immediately adjoining the light rail corridor." ] }, { "label": "Previous Development Approval", "body": [ "**The site was previously granted development approval for a major mixed-use development comprising 51 storeys, 555 apartments, 502m²* of retail space, 924m²* of commercial office space and 460 car parks, together with 11 future retail-zone car parks. This approval has since lapsed.**" ] }, { "label": "Local Authority", "body": [ "Gold Coast City Council." ] }, { "label": "Zone", "body": [ "Precinct 1, Central Business District (CBD) of the Southport Priority Development Area (PDA)." ] }, { "label": "Access", "body": [ "The site is accessible via both Nerang Street and Rawlins Street." ] }, { "label": "Income & Outgoings", "body": [ "Available upon request to the marketing agent." ] }, { "label": "The Location", "body": [ "The property occupies a high-profile position in the heart of the Southport CBD, along Nerang Street and immediately adjacent to the G:link light rail corridor. The site is positioned within easy walking distance of Southport Chinatown, centred around Young and Davenport Streets, and is minutes from the Australia Fair Shopping Centre, TAFE Queensland Southport Campus and the extensive retail, dining, commercial and professional services of the Southport CBD.", "The Broadwater, Broadwater Parklands and Gold Coast Aquatic Centre are also nearby, providing substantial waterfront, recreational and lifestyle amenity.", "The property’s central position provides convenient access to public transport, education, shopping, employment and major community services, reinforcing its strategic location within the Gold Coast’s principal CBD." ] } ], "images": [ { "src": "site-outline.webp", "caption": "", "w": 1239, "h": 806, "alt": "Aerial of the site with its boundary outlined, marked 5,073sqm" }, { "src": "site-location.webp", "caption": "", "w": 1239, "h": 807, "alt": "Aerial of the outlined site within the Southport CBD" } ], "footnote": "*Approximate. Buyers are required to undertake their own due diligence and enquiries." }, "planning": { "num": "04", "title": "Town Planning Summary", "summaryTitle": "Summary", "rows": [ { "label": "Local Authority", "body": [ "Gold Coast City Council." ] }, { "label": "Local Planning Scheme", "body": [ "Gold Coast City Plan 2016 (v.13)." ] }, { "label": "Zone", "body": [ "Special Purpose – Southport PDA, Precinct 1 Central Business District (CBD)" ] }, { "label": "Building Height", "body": [ "Unlimited^. Refer to Southport PDA." ] }, { "label": "Residential Density", "body": [ "No prescribed density limit^. Refer to Southport PDA." ] }, { "label": "Land Use", "body": [ "Development within the CBD precinct will:" ], "list": [ "Contribute to a diverse mix of residential and non-residential CBD uses", "Increase commercial office space to accommodate a range of business activity", "Provide high residential densities²⁴, with residents expecting a reasonable level of ambient noise", "Support the 24 hours a day, 7 days a week nature of the CBD", "Focus high-end retail uses on the existing main streets of Scarborough and Nerang Streets", "Reinforce and build upon Chinatown with associated uses and activities" ] } ], "map": { "title": "Southport PDA Map: Boundary & Precincts", "src": "pda-map.webp", "caption": "", "w": 818, "h": 607, "alt": "Southport PDA map showing the boundary and precincts" }, "images": [ { "src": "concept-a.webp", "caption": "", "w": 1239, "h": 807, "alt": "Concept image of a mixed-use tower with street-level retail" }, { "src": "concept-b.webp", "caption": "", "w": 1239, "h": 806, "alt": "Concept plan of a development overlaid on the site" } ], "gallery": [ { "src": "aerial-east.webp", "caption": "Looking east: Chinatown, Sheraton Grand Mirage, Southport Yacht Club, Main Beach", "w": 2000, "h": 1125, "alt": "Aerial of the site looking east towards Chinatown, Southport Yacht Club and Main Beach" }, { "src": "aerial-above.webp", "caption": "10 Garden St, Southport QLD – site from above", "w": 2000, "h": 1125, "alt": "Overhead aerial of 10 Garden St, Southport with the site outlined" }, { "src": "aerial-west.webp", "caption": "Looking west: St Hilda’s, Griffith University, Mater and Gold Coast University Hospitals", "w": 2000, "h": 1125, "alt": "Aerial of the site looking west towards Griffith University and the hospitals" } ], "footnote": "²⁴ With a residential density of 1 bedroom per 9m². ^Subject to Council Approval. Buyers are required to undertake their own due diligence and enquiries. Further information can be obtained from the Gold Coast City Council." }, "location": { "num": "05", "title": "The Location", "stats": [ { "value": "40,751", "label": "Estimated Population", "sub": "2026" }, { "value": "70,175", "label": "Projected Population", "sub": "2041" }, { "value": "0.9%", "label": "Residential Vacancy Rate", "sub": "July 2026" }, { "value": "2min*", "label": "walk to numerous cafes, dining & local services", "sub": "" } ], "statsSource": "*Approximately. Source: AreaSearch August 2026; QGSO (2023) & SQM Research (July 2026).", "blocks": [ { "title": "Southport CBD", "body": [ "**Southport is the Gold Coast’s administrative, commercial and civic centre, located approximately 75km* south of Brisbane CBD and 5km* north of Surfers Paradise. Supported by more than $5 billion* of current and planned investment, the suburb continues to experience significant growth, reinforcing its position as one of the city’s most important residential, employment and business destinations.**", "Southport is further strengthened by its proximity to the internationally recognised Gold Coast Health & Knowledge Precinct, anchored by Griffith University, Gold Coast University Hospital and Gold Coast Private Hospital. Together, these institutions support thousands of jobs and continue to attract investment, innovation and population growth, underpinning Southport’s long-term economic and residential appeal." ] }, { "title": "Population", "body": [ "Home to over 40,000¹ residents, Southport is a well serviced, growing central business district, which is being revitalised as a dynamic and vibrant urban centre. Latest data from the QGSO project Southport’s population to increase to 70,175² by 2041. Southport is popular with both downsizers and younger residents wanting to get close to the high level of amenity and lifestyle infrastructure available in the area." ] }, { "title": "Central CBD Position", "body": [ "The property occupies a prominent position within the heart of the Southport CBD, immediately adjoining the G:link light rail corridor, opposite the future Mercedes Benz dealership and within easy walking distance of the precinct’s extensive retail, dining, commercial and professional services.", "**Southport Chinatown, centred around Young and Davenport Streets, is positioned almost immediately adjacent to the property. The established dining and cultural precinct contributes to Southport’s vibrant CBD character, providing a diverse mix of Asian restaurants, cafés and specialty businesses and serving as a popular destination for locals and visitors.**", "Australia Fair Shopping Centre and TAFE Queensland Southport Campus are also nearby, together with the Broadwater, Broadwater Parklands and Gold Coast Aquatic Centre.", "The property’s central CBD position provides convenient access to public transport, employment, education, shopping and major community services, reinforcing the site’s highly accessible and well-connected location." ] } ], "images": [ { "src": "location-population-a.webp", "caption": "", "w": 909, "h": 526, "alt": "Aerial of the Gold Coast Aquatic Centre and the Broadwater" }, { "src": "location-population-b.webp", "caption": "", "w": 626, "h": 478, "alt": "G:link light rail tram in Southport" }, { "src": "location-cbd-a.webp", "caption": "", "w": 776, "h": 478, "alt": "Lanterns in Southport Chinatown" }, { "src": "location-cbd-b.webp", "caption": "", "w": 576, "h": 406, "alt": "Shoppers with bags" } ], "footnote": "Sources: 1. AreaSearch August 2026; 2. QGSO (2025) Southport North & Southport South (medium series data)." }, "investment": { "num": "06", "title": "Transformational Nearby Investment", "navTitle": "Nearby Investment", "aspect": "5/3", "projects": [ { "name": "Mercedes Benz Dealership", "status": "Planned", "image": { "src": "mercedes-benz.webp", "caption": "", "w": 497, "h": 300, "alt": "Artist impression of the Mercedes Benz dealership, Southport" } }, { "name": "Sheraton Grand Mirage Redevelopment", "status": "Planned", "image": { "src": "sheraton-grand-mirage.webp", "caption": "", "w": 507, "h": 300, "alt": "Aerial of the Sheraton Grand Mirage resort" } }, { "name": "Imperial Square Development", "status": "Under Construction", "image": { "src": "imperial-square.webp", "caption": "", "w": 507, "h": 300, "alt": "Artist impression of the Imperial Square development" } }, { "name": "Palm Valley Surf Park", "status": "Approved", "image": { "src": "palm-valley-surf-park.webp", "caption": "", "w": 500, "h": 300, "alt": "Artist impression of Palm Valley Surf Park" } }, { "name": "Marina Mirage Redevelopment (Marriott Hotel)", "status": "Under Construction", "image": { "src": "marina-mirage.webp", "caption": "", "w": 497, "h": 305, "alt": "Artist impression of the Marina Mirage redevelopment" } }, { "name": "Mariner’s Cove Redevelopment (Ritz Carlton)", "status": "Planned", "image": { "src": "mariners-cove.webp", "caption": "", "w": 507, "h": 305, "alt": "Artist impression of the Mariner’s Cove redevelopment" } }, { "name": "Southport Sharks Master Plan", "status": "Approved", "image": { "src": "southport-sharks.webp", "caption": "", "w": 507, "h": 305, "alt": "Artist impression of the Southport Sharks master plan" } }, { "name": "Southport Twin Towers", "status": "Planned", "image": { "src": "southport-twin-towers.webp", "caption": "", "w": 500, "h": 305, "alt": "Artist impression of the Southport Twin Towers" } } ], "feature": { "name": "2032 Games Infrastructure", "status": "Planned / Ongoing", "aspect": "12/7", "body": [ "The Gold Coast will benefit from significant investment associated with the 2032 Olympic and Paralympic Games, including new sporting venues, transport improvements and tourism infrastructure. These projects are expected to enhance connectivity, attract investment and strengthen the city’s position as a premier international destination long after the Games conclude." ], "images": [ { "src": "olympics-a.webp", "caption": "", "w": 521, "h": 304, "alt": "Artist impression of Gold Coast waterfront Games infrastructure" }, { "src": "olympics-b.webp", "caption": "", "w": 524, "h": 304, "alt": "Artist impression of the Gold Coast Arena" } ] }, "footnote": "" }, "market": { "num": "07", "title": "Strong Residential Market Fundamentals", "navTitle": "Residential Market", "body": [ "Southport continues to demonstrate strong residential market fundamentals, underpinned by its role as the Gold Coast’s principal CBD and a major residential, employment, education and health hub. Over the past 12 months:" ], "stats": [ { "value": "$1.23m", "label": "Median house price (+10.8% annual growth)" }, { "value": "$810,000", "label": "Median unit price (+16.6% annual growth)" }, { "value": "$880 / $750", "label": "Median weekly rent: houses / units" }, { "value": "3.5% / 4.9%", "label": "Indicative gross yields: houses / units" }, { "value": "0.9%", "label": "Residential vacancy rate, June 2026" } ], "blocks": [ { "title": "Established Inner-Urban Population", "body": [ "**Southport is home to approximately 40,751 residents, with a median age of 37 years and an average household size of 2.1 persons. Younger adults represent a significant share of the population, with approximately 25% aged 20–34 years, consistent with the suburb’s established inner-urban and higher-density residential profile.**" ] }, { "title": "Positive Development Fundamentals", "body": [ "Strong unit price growth, tight rental conditions and continued residential intensification provide a positive backdrop for future high-density development. The subject property’s central CBD position, immediate access to G:link and proximity to Australia Fair, Chinatown, the Broadwater and major employment, education and health precincts further reinforce its development potential." ] } ], "image": { "src": "aerial-market.webp", "caption": "", "w": 1600, "h": 1544, "alt": "Aerial of the outlined site with Southport towers and the Surfers Paradise skyline beyond" }, "footnote": "Rental conditions remain tight. Sources: REA August 2026; SQM Research June 2026; AreaSearch August 2026 & ABS 2021." }, "goldCoast": { "num": "08", "title": "The Gold Coast", "stats": [ { "value": "691,230", "label": "Estimated Population", "sub": "2025" }, { "value": "1 million", "label": "Projected Population", "sub": "2041" }, { "value": "1.3%", "label": "Residential Vacancy Rate", "sub": "" }, { "value": "14.4m", "label": "Tourists visit the Gold Coast annually", "sub": "" } ], "statsSource": "Source: www.profile.id.com.au; SQM Research (April 2026); www.goldcoast.qld.gov.au; Tourism Research Australia.", "body": [ "As Australia’s 6th largest city, the Gold Coast is one of the country’s strongest performing economic and lifestyle destinations. Home to more than 690,000 residents and welcoming millions of visitors annually, the city continues to benefit from significant population growth, major infrastructure investment and a diversified economy.", "**The Gold Coast is internationally recognised as one of Australia’s premier tourism destinations, attracting more than 14 million visitors each year. Renowned for its world-famous beaches, subtropical climate, entertainment precincts, theme parks and major events calendar, tourism remains a key economic driver, supporting thousands of jobs across accommodation, hospitality, retail and recreation sectors.**", "Ongoing investment in transport, healthcare, education and urban renewal projects continues to strengthen the region’s appeal. Major initiatives, including the Gold Coast Airport expansion, Gold Coast Light Rail network and preparations for the 2032 Brisbane Olympic and Paralympic Games, are expected to further enhance connectivity, tourism and long-term economic growth." ], "listTitle": "Key Drivers", "list": [ "Australia’s premier lifestyle and tourism destination", "More than 14 million visitors annually supporting a multi-billion dollar tourism economy", "Home to over 690,000 residents with strong population growth forecasts", "Diverse economy underpinned by tourism, health, education, construction and professional services", "Gold Coast Airport providing direct domestic and international connections", "Significant infrastructure investment supporting future growth and liveability", "Key host city for the 2032 Brisbane Olympic and Paralympic Games" ], "image": { "src": "aerial-gold-coast.webp", "caption": "", "w": 1485, "h": 1641, "alt": "Aerial along Nerang Street, Southport from the Broadwater Parklands pier" }, "footnote": "" }, "sales": { "num": "09", "title": "Sales Process", "blocks": [ { "title": "Method of Sale", "body": [ "**The property is for sale by Expressions of Interest, closing Thursday 22 October 2026 at 4pm (AEST).**" ] }, { "title": "Due Diligence", "body": [ "The information contained herein has been compiled from sources considered reliable; however, interested parties must make their own enquiries and satisfy themselves as to the accuracy and completeness of all information prior to making any decision. A due diligence data room containing relevant property information may be made available to interested parties upon request to the marketing agent." ] } ], "contactTitle": "Agent Contact" }, "disclaimer": { "num": "10", "title": "Disclaimer", "lead": "This Information Memorandum has been prepared as a general outline only for the guidance of potential purchasers. It does not constitute advice, a valuation or an offer or contract by City Commercial Gold Coast Pty Ltd T/A Knight Frank Gold Coast, or any of the vendors or their related entities or associates.", "items": [ "Knight Frank has prepared this Information Memorandum for the private and confidential use of the recipient only. It is not to be distributed or reproduced in whole or in part without the prior written consent of Knight Frank.", "This Information Memorandum has been prepared in good faith and with due care. It does not purport, however, to contain all of the information that potential purchasers may require. In addition, it contains information provided by the vendors or third parties, which Knight Frank has not independently verified.", "Potential purchasers should not rely on any of the information in this Information Memorandum (including but not limited to figures, calculations, descriptions, photographs, dimensions, references to conditions or permissions for use and occupation) as statements or representations of fact. Areas, amounts, measurements, distance and all other numerical information are approximate only. Any photographs show only certain parts of the property as they appeared at the time they were taken. Except where otherwise indicated, all references to rent, income or price are GST-exclusive. Potential purchasers must make their own independent inspection and other enquiries to satisfy themselves as to the accuracy, correctness and completeness of the information. Potential purchasers should also seek independent financial, taxation, accounting, legal and other advice to assist them in making their own decisions and assessment appropriate to their circumstances.", "Any projections, analyses or other forward-looking information are estimates only, are not representations of future matters and may be based on assumptions that, while currently considered reasonable, may not be correct. Actual results may vary from projected results (and variations may be material).", "All outgoings and budgeted net income are approximated only and should be verified by the Potential Purchaser. The net income does not include owners’ outgoings which may be incidental to a potential purchaser’s ownership including but not limited to items such as property management, repairs and maintenance, building insurance and other incidental costs of owning commercial property.", "Potential purchasers should make their own estimates based on their particular circumstances.", "The information contained in this summary has been provided to the selling agents by the vendor and accordingly Knight Frank cannot guarantee its accuracy. Knight Frank has not undertaken an independent review of the information and prospective purchasers should make their own enquiries to satisfy themselves as to the accuracy of the information. Areas, amounts, measurements, distances and all other numerical information are approximate only.", "No employee, agent or representative of Knight Frank or any of the vendors is authorised to make or give any representation or warranty whatsoever in relation to this property.", "To the extent permitted by law, Knight Frank, the vendors and each of their related entities and associates expressly disclaim any liability for any direct, indirect or consequential loss or damage (whether foreseeable or not) which may arise out of or result from any person or entity, or their agents or representatives, acting on or relying upon all or any part of the information contained in this Information Memorandum notwithstanding any negligence, default or lack of care.", "Nothing in this disclaimer should be interpreted as attempting to exclude, restrict or modify the application of any applicable provisions of the Australian Consumer Law or a person’s rights to make a claim in respect of any consumer guarantees or other provisions of the Australian Consumer Law." ] }, "enquiry": { "title": "Agent Contact" } }