2-4 Christie Street Canungra QLD 4275

Colliers is privileged to present for sale the Canungra Central Development Site, a landmark opportunity poised to transform the heart of Canungra. This strategically positioned 8.71-hectare mixed-use site has a current DA Approval for a Neighbourhood Shopping Centre and is located within the core of the thriving Canungra community in the Gold Coast Hinterland.

This is a rare chance to acquire a significant development site with the potential to shape the future of Canungra. The favourable zoning provisions and strategic location make it an ideal investment for developers, investors, and owner-occupiers looking to capitalize on the area's strong forecast population growth and tourism activity.

Beneficial zoning allows for a multitude of uses including (STCA) supermarket, large format retail, medical, health & wellness and ancillary residential.

Key Development Highlights Include:

- Strategic Land Holding with Flexible Zoning: Expansive 8.71-hectare parcel of mixed-use land positioned in the heart of Canungra
- DA Approved Neighbourhood Centre: Approval for a 2,546m² Neighbourhood Centre with abundant car parking
- Under-Serviced Catchment: Nearest competing 'major' supermarket is over 13km away
- Existing holding income: Via Multiple Retail Tenants fronting Christie Street
- Rapid Expanding Region: Scenic Rim region is projected to grow annually at 2.12% (67,000 persons by 2041)¹ with 600 residential lots in construction, planned or in DA application
- Significant Site Exposure: Located along Canungra's arterial road with 57,500+ cars passing per week1
- High Tourism Activity: The Scenic Rim region recorded a combined 2.3 million in domestic overnight and day trip visitors in 2020/212

For sale by Expressions of Interest Campaign (EOI) closing Wednesday 4th of December 2024 at 2:00pm (AEST).

Contact the exclusive agents via the agent links for further information.

¹Market Overview Report September 2023
²Scenic Rim Regional Council
*approximate