8 Penamber Court
Benowa, QLD 4217

Overview

An Outstanding 1,191m² Landholding - Endless Opportunities

Rarely does an opportunity like this present itself in one of Benowa's most tightly held cul-de-sacs. Located just under 10 minutes from Surfers Paradise beach, this property is ideal for a buyer seeking to rebuild a landmark family residence.

Situated at the very end of the quiet Penamber Court, this exceptional 1,191 square meter north-facing block is admired for its elevated position, privacy, and outstanding outlook. The gently sloping site captures cooling breezes and offers a stunning eastern backdrop across the iconic Gold Coast skyline.

Backing directly onto the expansive Benowa Park, the property provides a unique sense of space and tranquility, with no rear neighbors and acres of green open space at your doorstep. The lot adjoins eight acres of council parkland known as Benowa Park, enhancing the natural appeal of the location.

After 55 years of ownership, the family has decided to downsize, presenting a rare opportunity for a fortunate buyer to secure one of Benowa's finest parcels of land. The block offers the potential to rebuild a premier residence or subdivide to create multiple titles, subject to approval by the Gold Coast City Council. The site is accessible and currently zoned for low-density residential use.

The seller is motivated and committed to selling on or before the auction date of 26th May, with a flexible settlement period available. Prior auction offers are encouraged.

The existing home on the property has reached the end of its life and is offered strictly as land value only. The true value lies in the land itself, with the opportunity to rebuild one or multiple dwellings in this prime location. For visionary buyers, the existing structure's foundation may provide a starting point for a future high-set design.

Property Features:

• Prime 1,191 square meter block in a tightly held cul-de-sac
• Approximate dimensions: 17.5 meters roadside, 33.5 meters fronting the park, and 50 meters depth
• Desirable north-facing rear yard
• First surveyed in 1971
• Located within the Benowa State High and Primary School catchment zone
• Potential for multiple titles subject to council approval and planning
• Elevated site with a gentle slope
• Directly adjoining Benowa Park with gated access from the rear yard
• Views of the Gold Coast skyline to the east
• Less than 10 minutes to Surfers Paradise
• No easements affecting the title
• Established trees providing natural privacy
• Existing home offered at land value only; no house inspections available

The property is conveniently located within walking distance of popular schools and less than two kilometers from Pindara Private Hospital, Benowa Gardens, Benowa Village Shopping Centres, and the Gold Coast Botanical Gardens. People's First Stadium and Gold Coast Turf Club are both less than a five-minute commute.

This is an incredibly rare opportunity to build your dream home in one of the Gold Coast's most desirable inner-city locations.

Location