138 Amalfi Drive, Surfers Paradise QLD 4217

Waterfront point position | 40m frontage | North-facing | Tightly held Isle of Capri This property occupies a point position on Amalfi Drive, a tightly held street within Isle of Capri, offering 40 metres of north-facing water frontage—rare even by Gold Coast standards. The 900-square-metre block and 394-square-metre two-storey layout provide scale for a buyer seeking either a substantial family residence or a redevelopment opportunity. The north orientation and skyline views are structural advantages that hold value across market cycles. The property suits owner-occupiers prioritising waterfront lifestyle or investors targeting high-end rental demand from executives and families who value the school catchment and quiet pocket. The primary risk is the 1990 build condition, which may require significant updating to meet current luxury expectations—this cost should be factored into any offer. The inconsistent bedroom count in past records signals potential non-standard configurations that need verification during due diligence. The commercial logic is straightforward: waterfront land in this pocket trades infrequently, and the point position commands a premium over standard frontages. Hold for capital growth driven by scarcity, or renovate to unlock rental upside in the short term.