Palm Beach Ocean Front DA Approved Site
Description
CBRE is pleased to exclusively present to the market the direct ocean front development site at 436-438 The Esplanade & 1395-1405 Gold Coast Highway, Palm Beach – an amalgamated 2,473sqm* landholding representing an unrivalled development opportunity along the Gold Coast’s premier beachfront.
The site benefits from a Development Approval for ‘EST.’, Palm Beach, a dual-tower residential project extending from 436-438 The Esplanade through to 1395-1405 Gold Coast Highway. The approved development comprises two tower and a total of 94 high-quality residential apartments, offering a favourable mix of two, three, and four bedroom apartments.
Est. has been carefully designed to capitalise on its prime coastal position, aligning with the strong fundamentals that underpin Palm Beach’s rapid evolution. The suburb has emerged as one of the Gold Coast’s most tightly held and high-performing beachfront markets, driven by sustained demand, limited supply, and a clear shift towards premium coastal living. The location offers an aspirational yet enduring lifestyle proposition, with immediate proximity to pristine beaches, established amenity, and a mature dining and retail scene. For investors, Palm Beach represents a compelling long-term growth story, underpinned by its transformation into a sophisticated, lifestyle-driven coastal destination.
This expansive landholding benefits from dual street frontage to both The Esplanade and the Gold Coast Highway, offering a direct, uninterrupted beachside development opportunity. Est. aligns with Palm Beach’s elevated market status and growing demand for best-in-class, design-led developments.
– Amalgamated and expansive 2,473sqm* landholding
– Dual street frontage to Gold Coast Highway and The Esplanade
– DA-approved two tower residential scheme for 94 apartments
– West Tower comprises 72 apartments, with exposure to the Gold Coast Highway
– East Tower comprises 22 apartments with uninterrupted views over Palm Beach
– Holding income derived from a diversified mix of older commercial and retail assets
– Close proximity to Tallebudgera Creek, Palm Beach and Tallebudgera Surf Life Saving Club
– Median house prices in Palm Beach have increased by 12% over the past 12 months
For the first time, 436-438 The Esplanade & 1395-1405 Gold Coast Highway, Palm Beach QLD 4221, is being offered for sale via Expressions of Interest closing 4:00pm, Wednesday 22 July 2026.
(All areas, measurements, numbers, outlines, are approximate only).
Palm Beach, QLD
436-438 The Esplanade