46-48 Pimpama Jacobs Well Road, Pimpama, Qld 4209

Ray White Commercial Gold Coast are proud to present 46 & 48 Pimpama Jacobs Well Road, Pimpama, a development-approved landholding of 2,671m²* offered in one line across two titles.

The site carries an existing Development Approval (MCU/2026/21, decided 4 August 2026) for a SEVEN-storey, 57-apartment building comprising 23 one-bedroom PLUS STUDY, 11 two-bedroom and 23 three-bedroom apartments, supported by resident amenity including a rooftop pool, spa and sun deck, a gymnasium and residents' lounge, together with GROUND FLOOR PARKING (NO BASEMENT) and podium parking for 79* vehicles and 49* bicycles. For a purchaser, this removes a significant component of pre-construction risk and timeframe from the acquisition, with the design, unit mix and yield already established and council-endorsed.

Importantly, the approval represents a floor, not a ceiling, on what the site can deliver. Its combined scale, dual frontage to Pimpama Jacobs Well Road and Rhiana Street, and underlying zoning support a range of alternative built-form outcomes (STCA), including townhouse or lower-density product, should a purchaser elect to pursue a different development strategy rather than proceed under the existing consent.

The two existing dwellings on site remain tenanted, generating holding income through the design, financing and approvals period. 48 Pimpama Jacobs Well Road is currently tenanted at $620* per week under a lease commenced July 2026, with rent paid up to date.

Key Highlights:

• 2,671m²* landholding consolidated across two titles - 46 & 48 Pimpama Jacobs Well Road
• Development Approval in place (MCU/2026/21, decided 4 August 2026) for a SEVEN-storey, 57-apartment building
• Approved yield: 23 one-bedroom, 11 two-bedroom and 23 three-bedroom apartments
• Substantial approved resident amenity - rooftop pool, spa, sun deck, gymnasium and residents' lounge
• 79* car parking spaces and 49* bicycle spaces approved, exceeding statutory requirements
• Dual street frontage via Pimpama Jacobs Well Road and Rhiana Street
• Approval provides a proven development pathway without foreclosing alternative outcomes (STCA), including townhouse or lower-density schemes
• 48 Pimpama Jacobs Well Road tenanted at $620* per week, rent paid to date, generating holding income through the sale process
• Positioned within an established growth corridor benefiting from sustained population and infrastructure investment

The site will be sold on or before the 22nd of October 2026 held at in rooms at 33 Scarborough Street, Southport at 11:00am.

For further information, supporting due diligence material, or to arrange a private inspection, please contact the exclusive marketing agents.

Stirling McInnes - Ray White Commercial Gold Coast (0481 303 783)

Approx.*

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.